Income Tax Refund Calculator. Where to Find It and How to Use

Income tax refund calculators can be an invaluable tool for managing your personal finances. They help estimate the tax refund or the tax owed at the end of the financial year. But where can you find these calculators, and more importantly, how do you use them? Let’s dive into these questions.

Understanding Income Tax and Refunds

Before we go further, let’s demystify the concept of income tax and refunds. The income tax is the tax you pay to the government from your earnings. In some cases, you might overpay these taxes, leading to a tax refund.