If you are having some difficulty estimating how much income tax is for this year, TurboTax Estimator has a new software which allows you to quickly estimate your income tax return. Just like its predecessor, the TurboTax Estimator, the TurboTax Caster helps you figure out not only how much your income tax return is, but also what your income tax bracket is. One advantage of this software is the privacy and security it offers regarding your tax information – it does not save any data you enter eliminating the worry that someone might come across it and use the information against you. Furthermore, it should also be noted that the TurboTax Estimator and other similar software are only estimation tools which can be used to calculate your tax liability and refund. Any other action beyond this, such as preparing your federal income tax return, is not performed by the program.