An easy way to figure out how much money you are going to get on your refund is to look at how much money was taken for your federal and state taxes.
Almost every year I do my taxes, I get back, right around the amount of money that I was taxed, minus tax preparation fees and any other fees associated with tax preparation. In the example below, the individual would probably receive 56 dollars or less.
This example will not work with everyone but for most individuals with no children or other tax problems should generally be able to figure out their refunds using this method.
Let me know if you have any cool tax preparation tips or tricks.
