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finance ToolUpdated 2026-09-20

Tax Return & Refund Calculator

Calculate whether you will receive an IRS federal tax refund or owe taxes this filing season. Enter your gross income, filing status, and total taxes already withheld from paychecks.

Frequently Asked Questions

What causes a tax refund?

A refund happens when the federal income taxes withheld from your paychecks throughout the year exceed your actual total tax liability after deductions and credits.