dartmouth26
Returning Member

Filing Taxes

I am filing taxes for the first time as a college student and I have some confusion about the Standard Deduction vs the Itemized. Which one is better to lower your tax bill and receive the largest possible refund. Also, if your tax bill is zero, will business expenses (supplies, rent, utilities) yield you a tax refund? Also, I've heard if you make under a certain amount as a business owner, you should receive a refund. Is this accurate?
I appreciate your help in advance!