7+ Free Online Tax Calculators and Tools

free online tax toolsTax preparation and filing can be a pretty daunting task.  However, online tax preparation and filing solutions can simplify your life tenfold. There are even free online tax calculators and tools for you to use. Everyone can benefit from these tools, while individuals with simple tax situations can calculate and file their taxes easily, quickly and for no cost at all using the tools from the following list:

 

1. TaxAct

taxact free online tax tool

TaxAct is a free online tax filing solution which allows you to easily prepare, print and e-file tax returns. They guarantee accuracy and provide help and support.

 

2. TurboTax

turbotax online tool

TurboTax Freedom Edition is a free online federal tax preparation tool. It allows you to prepare and e-file returns for free and to qualify for free state tax filing.

3. eSmart Tax

eSmart Tax

eSmart Tax Basic Edition is a simple and fast way to e-file and get your tax return free of charge. This free tax edition includes free support via chat, the opportunity to import competitor returns, easy “yes” and “no” questions, free federal tax preparation and e-filing.

 

4. TaxSlayer

Tax solution and calculators

TaxSlayer  lets you file your tax return for free. Its free edition allows you to e-file costs, find your deduction and get email support. The 1040EZ form is included. Their Refund Calculator enables you to quickly estimate your federal return.

 

5. Taxsimple

Tax solution and calculators

Taxsimple makes it easy to prepare, print and e-file your 1040EZ federal form for free. TaxSimple’s free, online tax preparation software is a great choice for tax payers who earn less than $100,000 annually and don’t have any dependents or itemized deductions.

 

6. HRBlock

file tax returns free

The free edition of HRBlock is another online solution for filing simple tax returns. It supports most tax forms and includes step-by-step guidance for completing returns. HRBlock additionally offers three free tax calculators: Tax Estimator, Self Employment Estimator and Health Care Calculator for individuals.

 

7. Taxbrain

Tax Refund Calculator

Taxbrain’s Tax Refund Calculator is a free online tool for estimating the amount of tax refund or debt you can expect. Once you calculate your tax refund, you can also use their free Witholding Calculator and download a W-4 Form.

Even though tax preparation is never a blast, it doesn’t really have to be a nightmare. Just choose the most suitable online tools to get through this process with as little agony as possible.