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  1. May 28, 2024 · Written by a TurboTax Expert • Reviewed by a TurboTax CPA Updated for Tax Year 2023 • May 28, 2024 1:55 PM. OVERVIEW. Your tax refund is based on how much tax you pay in excess of the tax you owe. Basic tax planning strategies aimed at reducing the amount of your taxable income may increase the gap and thus your refund.

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  2. Jun 17, 2024 · Since your business income and expenses are ultimately treated as personal income and expenses, you don’t even need to file a separate federal income tax return for your business. But before conducting business as a sole proprietor, there are a few unique tax twists and turns you need to know about.

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  3. Jun 7, 2024 · TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer. “21 days” is not a promise from TurboTax or the IRS.

  4. 1 day ago · Level 15. We have no access to your account or your billing information. If you used the CD/download software and had to e-file a state return after paying a state e-file fee, then customer support could refund the state e-file fee to you. If you used online software they do not refund you because you "had" to e-file.

  5. Jun 14, 2024 · The qualified business income (QBI) deduction generally lets qualified self-employed people write off up to 20% of the combined total of their business’s income, gains, deductions, and losses. (It’s sometimes called the Section 199A deduction, after the tax code section authorizing the tax break.)

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  6. Jun 2, 2024 · How you chose to pay the Federal taxes owed will be on the Filing Instructions page for your tax return. To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/.

  7. May 28, 2024 · How to do your taxes for the first time: Step-by-Step. First-time tax filing may seem daunting at first, but we will simplify this process. Let’s walk through the steps you should take when filing your taxes for the first time.

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