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How to File Your Own Taxes: A Step-By-Step Guide
WebApr 12, 2024 · Pay Down Debts. One of the best uses for a tax refund is to pay down any outstanding debts you may have. This includes credit card debt, student loans, car loans, … The federal tax filing deadlineis typically on April 15. If that day falls on a mail holiday, it may be moved to the next business day. Tax returns must be e-filed or mailed by the federal tax deadline to avoid late-filing penalties. In 2024, the federal government extended the filing and payment deadlines for 2024 … See more Not everyone is required to file taxes each year. For example, if your income is below a certain threshold, you don’t need to file a tax return. Dependent children and adults also may not need to … See more When doing taxes yourself, you might want to review the information from your previous year’s federal and state tax returns. Much of the information will likely be the same, including employer federal ID numbers, … See more When you file your taxes, you can choose to claim the standard deduction ($12,400 for those filinga 2024 individual return this year) or itemize your deductions. Claiming the standard deduction is easier, and as a result of the 2024 tax … See more Gather the forms and documentsyou have that indicate income, expenses, and other tax-related figures. Some common forms you might have include the following: 1. W-2s, which report wages from employers. 2. 1099s, which … See more WebJun 5, 2024 · If you believe the CPA made mistakes then you should have the CPA amend the return to correct the mistakes. You cannot just "do you r taxes again' if your tax return has been filed and accepted. You can amend a tax return that was prepared elsewhere using TurboTax, but it will be a real pain. the product backlog is refined