How can i estimate my 2011 tax refund

Federal Income Tax:. Capital Gains Tax:. Net Investment Tax:. Child Tax Credit:. Tax Savers Credit:. Total Federal Tax:. Self-Employed Tax:. Social Security Tax:. Medicare Tax:.

Total Tax:. You Keep:. Reset Form. Fed Rate. Tax Brackets. Register Listing www. Skip To Main Content. TAX TOOLS Find more money year-round with these free tax calculators and tools Estimate your tax refund, uncover deductions and credits, learn about your pay withholding, and more.

Get started. Explore more money-saving tools and tax calculators. Stimulus Check Calculator See if you qualify for a third stimulus check and how much you can expect Get started. Tax Bracket Calculator Easily calculate your tax rate to make smart financial decisions Get started. W-4 Withholding Calculator Know how much to withhold from your paycheck to get a bigger refund Get started.

Self-Employed Expense Estimator Estimate your self-employment tax and eliminate any surprises Get started. Documents Checklist Know what tax documents you'll need upfront Get started.

Insight into How Tax Calculators Work, Estimating Taxes and Deductions From tax calculators for estimating your refund amount, to tips on how to maximize your deductions and credits, and understanding income that may be taxed to property taxes and more. Schedule D Capital Gains and Losses. Schedule E Supplemental Income and Loss. Schedule F Profit or Loss from Farming. Schedule A Itemized Deductions. Form Noncash Charitable Contributions.

Form Mortgage Interest Statement. Form Investment Interest Expense Deduction. Form Casualties and Thefts. Form Moving Expenses. Form Employee Business Expenses. Form Alternative Minimum Tax. Schedule H Household Employment Taxes.

Form Additional Medicare Tax. Form Child and Dependent Care Expenses. Form Education Credits. Form Residential Energy Credit. Form Foreign Tax Credit. Restart Your W-4 Tax Withholding. This is the filing status you selected under 01 Filing Status. Since the W-4 is a planning tool unlike a tax return, you may change your Filing Status as you wish to optimize your tax withholding. For example, you might be single in March of a given tax year, but are married by Dec.

Or you might be married as you complete the W-4 form, but are divorced by Dec. Alternatively, you can enter your gross income for the year by adding up all your income for Or, use the eFile. Tip: We suggest you do not mix tax year data unless you are very certain about the implications. This are your IRS taxes due taxable income entered here under the 03 Income section. Since the W-4 is a planning tool, you can use the number of Other Dependents you enter here to plan your paycheck tax withholding.

You can increase or decrease your dependents: when you Increase the number of other dependents it will reduce your tax withholding. Decreasing the number of dependents will increase your tax withholding.

When you prepare your next tax return use the RELucator to determine your qualified Other Dependent s. Click on the 06 Credit section, tab for details. See section or tab 03 Income. Tip: In case you pay other taxes e.

Unlike a tax return, for tax planning purposes you can estimate the number of Dependents on the W The W-4 is a planning tool, so you can adjust the number of Dependents you enter here to plan your tax withholding. Unlike your tax return, you can increase or decrease your dependents as needed for tax withholding planning purposes. Increasing the number of dependents will reduce your paycheck tax withholding, and decreasing the number of dependents will increase your paycheck tax withholding.

Your refund has been determined by this Tax Return Estimator based on the tax data you entered. Tax Refund: Your Refund amount might have decreased here compared to your tax return, if you received the Recovery Rebate Credit or did not get Stimulus 3. Your tax owed has been determined by this Tax Return Estimator based on the tax data you entered.

Tax Owed: Your Tax Owed amount might have increased here compared to your tax return, if you received the Recovery Rebate Credit or did not get Stimulus 3. You can change your W-4 for every pay period. Once you submitted this W-4 form to your employer, monitor your next paycheck for actual IRS taxes withheld. If the amount various significantly from what was estimated here, adjust, create and submit a new W-4 form to adjust the IRS tax withholding amount.

WPRO In addition to your current IRS tax withholding which is most likely based on your latest W-4 , and based on your entries, we suggest you withhold this additional tax amount in order to balance, or reduce the taxes owed with your tax return. Based on the data entered and the tax refund amount shown at WPRO above, we suggest you reduce your tax withholding to this amount per month between now and December.

This would reduce your tax refund and help balance your next tax return. Your net paycheck would increase between now and December. Tax Refund: Your tax refund amount would decrease on your next tax return, however your paycheck increases between now and December. Note: In case of a per paycheck tax withholding reduction, unfortunately the W-4 does not let you enter a per paycheck IRS tax withholding amount. Thus, we will guide you step by step in achieving this tax withholding amount via Deductions etc.

Taxes Owed: Your tax return taxes owed would decrease and your paycheck would decrease between now and December. Note: In case of a per paycheck tax withholding increase, we will help you determine the IRS tax withholding amount Section 4c on the W-4 based on your number of jobs and pay periods. Simply answer the next questions and the tool will create the W-4 for you. At this point of the year, you have already withheld too much in IRS taxes.

As a result, you should receive a tax refund. However, between now and December, we suggest you reduce your per paycheck tax withholding.

This would increase your paycheck s between now and December, and reduce - not balance - your next tax return tax refund. If you decide not to proceed with adjusting your W-4 and your current year income etc. Ok, got it. WPRO Enter the number of jobs you and your spouse are holding now simultaneously or parallel. Let's say you are single and have 2 jobs now, enter 2. If you and your spouse both jobs or multiple jobs now enter 2 or 3 etc. Note: This is not all jobs you and your spouse have held during this year.

You can divide this amount over your jobs and pay periods, or just 1 job. Since you want to change W-4s for the number of current jobs listed in WPRO, start and complete each job one at a time. When done, this tool will guide on how to complete the next W WPRO Enter how often you get paid for this job. For example, if you get one paycheck per month enter 1. If you get 2 paychecks a month enter 2. If you get paid every week enter 4. The amount listed here is extra tax withholding per pay period for this one job.