Tax calculators are designed to save you time and effort for quite a number of complicated computations. You will find that you can answer questions in seconds which previously would take minutes or hours of research and work. Here we present some of the best (all are recommended) Free Online Tax Calculators currently available:

• » AMT Assistant (IRS): Helps taxpayers determine whether or not they may be subject to the Alternative Minimum Tax by automating the AMT Worksheet of the 1040 Instructions.
• » Earned Income Credit Assistant (IRS): Determine if you are eligible for the Earned Income Tax Credit and also determine your filing status, and the number of your qualifying children, it also can estimate your credit amount.
• » Withholding Calculator (IRS):The purpose of this calculator is to help employees to ensure that they do not have too much or too little income tax withheld from their pay.
• » Online EIN (Employer Identification Number) (IRS): An Employer Identification Number (EIN) is a nine-digit number that the IRS assigns to business entities. The IRS uses this number to identify taxpayers that are required to file various business tax returns.
• » Paycheck Calculator (Paycheckcity.com): Using this paycheck calculator to make sure that your tax withholding and net pay are accurate. You can use the calculator to estimate your net pay when starting a new job, or to verify the calculations made on your paycheck.