What is the maximum tax refund

Tax Refund Calculator: How to Calculate Your Refund

Not everyone has to, but everyone is allowed to submit: the tax return. Settlement with the tax office is usually annoying and time-consuming. But it pays off for most employees. You can use the following online tool to calculate how high your expected reimbursement will be, anonymously and free of charge. Please make the appropriate settings for this.

Tax refund calculator

Table of Contents

Why a tax return?

The need / benefit of an income tax return arises from the fact that workers pay too much tax month after month. This is because the employer pays lump sums from the monthly payroll to the tax office, which do not exactly match the amount of the employee's actual tax liability.

The tax return is about getting back any amounts that have been overpaid from the tax office.

When and for whom is it worthwhile?

Anyone who generates income and pays taxes on it can / should use this possibility of tax refunds. If you do without it, you give the tax authorities money. Citizens who do not apply for a tax refund, according to the Federal Statistical Office, forego on average a repayment of around 900 euros overpaid taxes per year. What many do not know: it is often precisely those taxpayers who are not required to file a tax return that receive a reimbursement. The application therefore makes sense in most cases.

How much is my repayment?

How much taxes you will ultimately get back cannot be answered with a general number with a certain number, but rather depends on each taxpayer. Important factors are, for example, the amount of annual earnings and the distance to the place of work. For the amount of the repayment, it is also relevant whether the taxpayer can use certain allowances such as the child allowance, the training allowance or the tax relief amount for single parents. The following list provides an overview:

  • Amount of income
  • Professional status: e.g. employee or civil servant
  • used allowances
  • Amount of the commuter allowance
  • Tax class
  • Church tax liability yes / no
  • Marital status and number of children
  • Amount of special expenses such as craft costs or childcare costs
  • Amount of extraordinary burdens such as medical expenses

How can I calculate my tax refund?

The calculation of the tax refund results from the difference between the actual tax liability and the tax already paid. If you have paid too few taxes to the tax office over the year, an additional payment is due. In the opposite case, the taxpayer receives a refund. Employees generally lead Usually owe too much tax and get a refund.

The individual steps

In the first step, determine your gross annual income. Take this amount from your pay slip. The basic tax-free allowance of currently 9,744 euros for single persons and 19,488 euros for married couples assessed together is initially deducted from the gross amount (as of 2021). The difference is then reduced by the amount of the advertising expenses. If the advertising costs do not exceed the lump sum of 1000 euros per year, the lump sum applies, otherwise the exact amount will be credited. Allowances, special expenses and extraordinary burdens are now subtracted from this result. This result is now the basis for calculating the tax liability, namely the taxable income. Only in the last step are wage tax, solidarity surcharge and church tax determined.

This is how the calculator works

Our calculator makes a simplified pre-calculation of your expected tax refund. However, these are only approximate values. The purpose of the tool is to give you an idea of ​​whether filing a tax return is worthwhile for you and how high the reimbursement amount will be. We expressly point out that no legally binding claims can be derived from the calculation. Enter the requested data in the input mask. Finally, click on “Calculate my tax refund now”.

When does the tax office pay back money?

The motto is simple: first come, first served. Tax refund applications are processed in the order in which they are received. Most of the time, however, the tax offices do not start processing until March, as tax law changes often occur at the beginning of the year. Unfortunately, the employees of the tax offices have become more and more overloaded in recent years. In the worst case, it can take three or four months for the final tax assessment to be issued. However, you can actively contribute to a shorter processing time by providing your tax data as completely as possible. So you don't have to write to the tax office and request information afterwards.

Tip: The time it takes to process the data also depends on the time of the year when you apply for your tax refund. Submit your tax return as early as possible in the year. Because most of the applications are submitted in March and April.