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Why is it important to file your federal incomes taxes every year?.

User NOTiFY
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1 Answer

7 votes

Answer:

Avoid losing future refunds.

Step-by-step explanation:

Part or all of any refund is first used to pay any back taxes owed. Safeguard credit. If the IRS files a tax lien against a taxpayer, it could affect credit scores and make it harder to get a loan.

User Fletcher Johns
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