What Are Tax Deductions? A 101 Guide - Intuit TurboTax Blog

Tax deductions are essentially items or costs the IRS allows to reduce your taxable income on your tax return. Put simply, tax deductions lower the amount of money you must pay taxes on.A tax deductio… See more


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5 Types Of Businesses & How To Choose The Right One | Intuit …

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Oct 22, 2024  · The self-employment tax rate is 15.3%, which includes Social Security and Medicare taxes. When you file small business taxes as a sole proprietor, you can attach …

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General Tax Tips & Videos | TurboTax® Articles

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TURBOTAX ONLINE GUARANTEES. TurboTax Individual Returns: 100% Accurate Calculations Guarantee – Individual Returns: If you pay an IRS or state penalty or interest because of a …

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