as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the process for filing taxes.
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the process for filing taxes starts with gathering the necessary documents and information. this includes w-2 forms, 1099 forms, bank statements, investment income documents, and other identifying information. after gathering the information, it must be entered into the appropriate software or a tax preparation service. once the information is entered, the taxes can be calculated and any deductions or credits applied. after this is done, the taxes can be filed electronically or by mail.
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