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JRE Financial Services, Inc. 2314 Magnolia Blvd Burbank CA, 91506Note: IF YOU ARE NEW, Please bring a copy of your previous years tax return along with your current tax documents, W2\'s 1099\'s and

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How to fill out federal and state tax

01

Gather all necessary documents such as W-2 forms, 1099 forms, receipts, and any other relevant financial information.

02

Calculate your total income for the year from all sources.

03

Determine your deductions and credits that you qualify for, such as student loan interest, mortgage interest, or child tax credits.

04

Complete the appropriate tax forms for federal and state taxes, such as Form 1040 for federal taxes and the equivalent for your state.

05

Submit your tax forms either electronically or by mail before the deadline.

Who needs federal and state tax?

01

Individuals who earn income from wages, self-employment, investments, or other sources are required to file federal and state taxes.

02

Businesses and corporations also need to file federal and state taxes based on their profits and revenue.

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What is federal and state tax?

Federal tax is money that individuals and businesses pay to the U.S. government, while state tax is money that individuals and businesses pay to the state government.

Who is required to file federal and state tax?

Individuals and businesses with income above a certain threshold are required to file federal and state tax.

How to fill out federal and state tax?

You can fill out federal and state tax forms either online, using tax software, or by mail.

What is the purpose of federal and state tax?

The purpose of federal and state tax is to fund government services and programs, such as education, infrastructure, and defense.

What information must be reported on federal and state tax?

Income, deductions, credits, and other financial information must be reported on federal and state tax forms.

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