If you're looking for a free, quick and easy way to estimate taxes or to calculate tax refunds or money owed, then it may be worth taking a look at the AARP 1040 tax calculator before you file your return. How does this online tool work and what can it tell you?

What Does the AARP 1040 Tax Calculator do?

This is an online calculation tool that can be used to estimate total taxes, refunds and any money that is owed based on the general guidelines of Form 1040. The calculator is based on IRS tax tables for the current year. Users need to input data into pre-specified fields, at which point estimates will be given. This also includes information on your tax bracket, if applicable.