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How to Use the 2016 Tax Calculator and Refund Cycle Chart

Did you know that about 40% of New Year resolutions are money-related?

Whether it’s spending less, saving more, or just getting financially organized overall, it’s important to most of us. As we already know, taxes have a lot to do with our money goals. We’re either itching to get a hold of our tax refund or dreading paying our tax due.

Whatever the case may be for you, we’re going to help you tax charge of your financial resolutions for 2017. With the RapidTax 2016 Tax Calculator, you’ll be able to see the big picture before even looking at a confusing IRS form.

How can the tax calculator 2016 help me?

Our user-friendly calculator tool will assist you with all of the following:

  • Calculating your 2016 tax refund.
  • Figuring out your 2016 tax balance due.
  • Seeing how your filing status, income, exemptions, expenses, and qualifying deductions and credits affect your tax situation.

Our tool allows you to take many aspects of your specific circumstances into account before filing your return. You can enter all donations, retirement income, investments, etc…for the year to see your refund increase or decrease. Then we’ll provide you with a detailed summary so that you understand our calculations.

How to access the 2016 tax calculator

It’s almost too easy to navigate our calculator. You have access to different tabs. Within each tab, you’ll enter your tax information to the best of your knowledge. Remember, you can use estimated amounts if you haven’t received certain income statements yet.

Need to find out your prior year refund or tax due amounts? We have calculators for 2014, 2015, and 2016 too!

2017 Refund Cycle Chart

The refund schedule is something that the IRS has discontinued due to accuracy issues. However, the cycle tends to be generally similar each year. It’s important to realize that these dates are not guaranteed to be accurate. They are ESTIMATES based on past tax seasons. This year does come with a few exceptions that should be taken into consideration**.
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