Professional Editions – Tax Calculator
You can use the Tax Calculator to answer a few simple questions about a taxpayer’s income and expenses to get an idea of whether they should expect a refund and how much, or if they’ll owe the IRS when they file taxes in the future.
To use the Tax Calculator in a TaxAct return:
Desktop
- From within the TaxAct return, click Tools in the options bar, which will open the Tools Center.
- Click Tax Calculator from the list of options. This will open the Federal Tax Calculator in the Forms Assistant view.
- Enter your information as appropriate. Values will be calculated at the end of each section.
- You can click the Printer icon if you want to print the results for your records.
TaxAct Online
- From within your TaxAct return, click the Tools dropdown, then click Calculators.
- Click Tax Calculator and continue with the interview process to enter your information.
- On the results screen, click Print if you want to print the results.
Additionally, there is a Tax Calculator on the TaxAct Website. To use the web Tax Calculator:
- On the TaxAct Website, click the Tax Tools dropdown, then click Tax Calculator.
- Continue with the interview process to enter your information.
- On the results screen, click Print if you want to print the results.