@ms.anekea: 📌 Self-Employed Taxpayers: Why Refunds Work Differently Self-employed taxpayers do not have taxes automatically withheld like W-2 employees. If you are self-employed, you should: ✔️ Set up a tax savings account ✔️ Pay quarterly estimated taxes on income earned Unlike W-2 filers, self-employed refunds are capped and depend heavily on: • Income level • Expenses & write-offs • Dependents claimed 📊 Refund Example (2026): • 3 dependents under age 17 or disabled • Maximum refund ≈ $7,600 (income-based) 💡 Planning matters. Bookkeeping matters. Dependents matter. — Money Tree Tax, Bookkeeping & Financial Services 🌳💰 Over 20 years of experience