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What is the process for filing taxes?
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1. Gather your financial documents such as W-2s, 1099s, and receipts for any deductible expenses.
2. Choose a filing method – you can file your taxes yourself, use a professional tax preparer, or use tax software.
3. Determine your filing status and calculate your taxable income.
4. Determine which deductions and credits you qualify for.
5. File your taxes with the IRS.
6. Pay any taxes you owe to the IRS.
7. Save copies of all documents in case you are audited.