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How do I calculate my tax refund?

How to calculate Tax Refund from Paycheck?

  • to calculate Tax Refund from your paycheck do you use the Totals YTD Amount or the TAXABLE GROSS YTD Amount???

  • Answer:

    The only way to legally do it is from the W-2. If you are just estimating for fun, use the taxable gross.

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You can also input your tax data into a online tax calculator. Eflie.com has one. Check out the link below. Hope this helps!

Jason K

The Taxable Gross should be the correct figure. Total YTD would include any pre-taxed items you might have through your employer. The safest way is to wait for your W-2 to make sure the employer does not make any adjustments before the final issue. But figuring it form your paycheck stub could give you a ball park figure. Laura Haber – H&R Block – Senior Tax Advisor 5 **This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided.

hrblock.laura

Just go to hrblock.com and do the tax calculator estimator

Kute_N_Pretti

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