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The federal season refers to the period during which individuals and businesses are required to submit their federal tax returns to the IRS.
Individuals, businesses, and other entities that earn income during the tax year are typically required to file a federal tax return.
Taxpayers can fill out their federal tax returns either manually using paper forms or electronically through tax preparation software or online services.
The purpose of the federal tax season is to accurately report income, deductions, and credits to determine tax liability and potential refunds for individuals and businesses.
Taxpayers must report their income, deductions, credits, and any other relevant financial information on their federal tax returns.
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