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Tax Year 2016 Minnesota Income Tax and Property Tax Refund VITA/AARP Taxable Volunteer Manual 1 2 Message from the Director As the Director of the Income Tax & Withholding division within the Minnesota

How to fill out tax year 2016

How to fill out tax year 2016

1. Gather all relevant tax documents, such as your W-2 forms, 1099 forms, and any other income statements.
2. Obtain necessary tax forms for the tax year 2016, such as Form 1040 or Form 1040EZ.
3. Carefully read and follow the instructions provided with the tax forms.
4. Fill out your personal information, including your name, address, and social security number, on the appropriate sections of the form.
5. Report your income for the tax year 2016 by filling in the corresponding sections of the form.
6. Claim any deductions or credits you are eligible for, such as the standard deduction or child tax credit.
7. Ensure that all calculations are accurate and that you have included all necessary information.
8. Sign and date the completed tax form before mailing it to the appropriate address or submitting it electronically.
9. Keep a copy of your completed tax return and all supporting documents for your records.

Who needs tax year 2016?

1. Individuals who earned income during the tax year 2016 and meet certain filing requirements need tax year 2016.
2. Self-employed individuals or freelancers who had income and expenses during the tax year 2016 also need tax year 2016.
3. Anyone who had taxes withheld from their income during the tax year 2016 and wishes to claim a refund needs tax year 2016.
4. Certain types of businesses or organizations may also need tax year 2016 for reporting purposes.
5. It is recommended to consult with a tax professional or refer to the IRS guidelines to determine if you specifically need tax year 2016.

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