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Wednesday, October 31, 2012

Estimate Your 2012 Tax Refund in less than 5 Minutes...Broke Single Mom Alert!

Photo Credit The Vintage War Bride

Wouldn't it be nice to know how much your Federal income tax refund check might be, right now, or at least very, very soon? If you're anything like me, you count on your income tax refund every year to help pay off some bills, fix your car, upgrade the house or take a vacation. Or maybe you just like seeing your savings account multiply.

If you knew beforehand you could even create a budget and allocate the funds to be spent wisely as opposed to having no real plan and giving into the shopping bug when the money comes in? Hey I've been there, When you have that money and no set plan, pretty shoes and dresses and taking the kids away for a spur of the moment trip, seem like
great ideas.

For the past few years I have been using three different websites to calculate my income tax refunds. And they have given me a very close estimate, I'd say within a few hundred dollars, of what my Federal return actually ends up being. I have used it for family members as well and it has basically been the same across the board.