How To Taxes
How To Taxes
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Відео

Step by step 2023 tax return instruction for single filing status
Переглядів 1404 місяці тому
Step by step 2023 tax return instruction for single filing status. Prepared by CPA.
HOW THE IRS IS UNFAIR TO SINGLE PARENTS
Переглядів 464 місяці тому
HOW THE IRS IS UNFAIR TO SINGLE PARENTS
How to prepare your 2023 Form 1040 SR Tax Return Line by Line Instructions
Переглядів 7 тис.5 місяців тому
Teaches how to prepare your 2023 Form 1040 SR Tax Return Line by Line Instructions. CPA prepared. Link to Form 1040-SR with Itemized Deductions: ua-cam.com/video/Y6TkvGyYEWw/v-deo.html Link to Form 1040-SR with taxable Social Security calculation: ua-cam.com/video/CvpovuJMTCw/v-deo.html Link to: Do Seniors qualify for the Earned Income credit? ua-cam.com/video/pCmzq-SML7c/v-deo.html Link to whe...
Tax deductions for teachers
Переглядів 1015 місяців тому
Tax deductions for teachers
How to prepare your 2023 Form 1040SR tax return with Schedule A Itemized Deductions
Переглядів 4715 місяців тому
How to prepare your 2023 Form 1040SR tax return with Schedule A Itemized Deductions When and where and how to file your return: ua-cam.com/video/dmxEoIvEf4s/v-deo.html
How to prepare your 2023 Form 1040SR tax return with W 2 and U S Savings Bond Income
Переглядів 3115 місяців тому
How to prepare your 2023 Form 1040SR tax return with W 2 and U S Savings Bond Income
How to prepare your 2023 Form 1040SR tax return with Schedule B and Social Security Income
Переглядів 1,3 тис.5 місяців тому
How to prepare your 2023 Form 1040SR tax return with Schedule B and Social Security Income
How do you claim unemployment income on your tax return? Step by step instructions.
Переглядів 1005 місяців тому
How do you claim unemployment income on your tax return? Step by step instructions.
Get a tax refund! Do I have to file a Federal Income Tax Return?
Переглядів 645 місяців тому
Get a tax refund! Do I have to file a Federal Income Tax Return?
Do Seniors qualify for the Earned Income Tax Credit
Переглядів 1255 місяців тому
Do Seniors qualify for the Earned Income Tax Credit?
Wait to file your taxes! You could miss a credit of $7k!
Переглядів 1765 місяців тому
Wait to file your taxes! You could miss a credit of $7k!
How to prepare your 2023 Form 1040 Tax Return For Head of Household
Переглядів 6435 місяців тому
How to prepare your 2023 Form 1040 Tax Return For Head of Household Includes child tax credit
How to Fill out 2023 Tax Return in 1 Minute
Переглядів 2366 місяців тому
How to Fill out 2023 Tax Return in 1 Minute
How to prepare your 2023 Form 1040 Tax Return Line by Line Instructions
Переглядів 2,1 тис.6 місяців тому
How to prepare your 2023 Form 1040 Tax Return Line by Line Instructions. Contains child tax credit. How and where to file: ua-cam.com/video/dmxEoIvEf4s/v-deo.html
How to prepare your 2023 Form 1040 Tax Return For a Dependent with more than $13,850 in Income
Переглядів 2826 місяців тому
How to prepare your 2023 Form 1040 Tax Return For a Dependent with more than $13,850 in Income
How to Fill out 2023 Tax Return in 2 Minutes
Переглядів 2556 місяців тому
How to Fill out 2023 Tax Return in 2 Minutes
How to prepare your 2023 Form 1040 Tax Return For a Dependent with less than $13,850 in Income
Переглядів 4756 місяців тому
How to prepare your 2023 Form 1040 Tax Return For a Dependent with less than $13,850 in Income
How to prepare your 2023 Form 1040 Tax Return For a Single
Переглядів 1306 місяців тому
How to prepare your 2023 Form 1040 Tax Return For a Single
How to prepare your 2023 Form 1040 Tax Return For Married Filing Jointly
Переглядів 4616 місяців тому
How to prepare your 2023 Form 1040 Tax Return For Married Filing Jointly
WHERE & WHEN TO FILE YOUR 2023 TAX RETURN AND WHAT TO ATTACH
Переглядів 926 місяців тому
WHERE & WHEN TO FILE YOUR 2023 TAX RETURN AND WHAT TO ATTACH
How to prepare your 2023 Form 1040SR tax return with Social Security income
Переглядів 10 тис.6 місяців тому
How to prepare your 2023 Form 1040SR tax return with Social Security income
How to avoid interest and penalties on your taxes
Переглядів 406 місяців тому
How to avoid interest and penalties on your taxes
When do I file my 2023 taxes?
Переглядів 906 місяців тому
When do I file my 2023 taxes?
How to prepare your 2022 Form 1040 Tax Return with Unemployment Compensation
Переглядів 830Рік тому
How to prepare your 2022 Form 1040 Tax Return with Unemployment Compensation
How to prepare your 2022 Form 1040 Tax Return for Head of Household
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How to prepare your 2022 Form 1040 Tax Return for Head of Household
How to prepare your 2022 Form 1040 Tax Return With Education Credit
Переглядів 634Рік тому
How to prepare your 2022 Form 1040 Tax Return With Education Credit
How to prepare your income tax return in less than a minute
Переглядів 857Рік тому
How to prepare your income tax return in less than a minute
How to prepare your 2022 Form 1040 Tax Return Line by Line Instructions
Переглядів 8 тис.Рік тому
How to prepare your 2022 Form 1040 Tax Return Line by Line Instructions
How to prepare your 2022 Form 1040SR tax return with social security income
Переглядів 13 тис.Рік тому
How to prepare your 2022 Form 1040SR tax return with social security income

КОМЕНТАРІ

  • @Triggatrey0417
    @Triggatrey0417 20 годин тому

    Great video!!! still stuck a bit,What if I have two incomes ?

  • @michellearchuleta7881
    @michellearchuleta7881 3 місяці тому

    You are awesome!

  • @calypsopauly
    @calypsopauly 3 місяці тому

    Many thanks, I do appreciate this help!

  • @elainnej3601
    @elainnej3601 3 місяці тому

    Thank you! This was very helpful.

  • @rixzacoz1357
    @rixzacoz1357 3 місяці тому

    can you do a head of house hold w/ dependent and the child earned income tax credit video together.

  • @rixzacoz1357
    @rixzacoz1357 3 місяці тому

    Love you’re videos for some reason i always get lose at after number 16 tax credits. Lol Can you please make a video for amending a tax & a superseding tax.❤

  • @stephengriffin4612
    @stephengriffin4612 3 місяці тому

    very clear and helpful thanks

  • @fredpennington6180
    @fredpennington6180 3 місяці тому

    wHY DID YOU NOT USE THE (STANDARD DEDUCTION) FOR SINGLE = 15700 OR 17550?

    • @howtotaxes2054
      @howtotaxes2054 3 місяці тому

      This video is for the 2022 tax year. Correct standard deduction was taken. Thank you for your question.

  • @laurasephora2013
    @laurasephora2013 3 місяці тому

    What if your only income is from SS? 1) you have to fill out this sheet? 2.) would the taxable income be $0?

  • @cakelady1142
    @cakelady1142 3 місяці тому

    One other note missed on this was that this form helps to make seniors who don't itemize aware that they likely qualify for an addition to the usual standard deduction: "For 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are: $1,850 for Single or Head of Household (increase of $100) $1,500 for married taxpayers or Qualifying Surviving Spouse (increase of $100)"

  • @cakelady1142
    @cakelady1142 3 місяці тому

    This didn't include a mention that if one has Qualified Dividends (line 3a) that they might be eligible for a reduced tax rate. There is a worksheet in the instruction booklet that they can use in most situations to figure taxes and it usually does amount to much less tax due. I hope this video will be revised to include this, because it has saved me hundreds of $$ over the last few years. A very helpful IRS agent alerted me to look into this. Although in the instructions, I might've easily missed it.

  • @cynthiastevens8302
    @cynthiastevens8302 4 місяці тому

    Thank you very helpful and easy to understand

  • @kirklamb3270
    @kirklamb3270 4 місяці тому

    Very nice, thanks

  • @burney53
    @burney53 4 місяці тому

    What about states that don't tax Social Security?

  • @leahrankin4599
    @leahrankin4599 4 місяці тому

    Perfect. Had no clue what the heck line 16 was for. Now I do. Thanks!

  • @butchdoster329
    @butchdoster329 4 місяці тому

    First of all no thanks to the woman with that annoying voice.second andi ind this on ever video..slow down,way to fast and confusing as hell.im a little farther along now but everything is even more messed up.please if you cant be helpful ont try.ive been trying to get through this 1040 for three weeks now countless hours everyday i cant find he right help anywhere.i have paid money they took it and ran tried turbo tax ,vita program in my town way to many problems takes months to complete.h&r block had to go back and pick them up after a month of tomarrow promises.im at my wits end with this simple form and I haven't looked at WI. State tax form yet. Need rope and tree

  • @tomgolab3958
    @tomgolab3958 5 місяців тому

    What about the tax brackets? Aren't we supposed to use them? This example does not even mention them......?

    • @howtotaxes2054
      @howtotaxes2054 5 місяців тому

      If your taxable income is less than $100,000, you must use the Tax Tables. If your taxable income is $100,000 or more, use the Tax Computation Worksheet right after the Tax Tables. There are also the Schedule D Tax Worksheet and the Foreign Earned Income Tax Worksheet if these apply to you.

  • @dec1slh
    @dec1slh 5 місяців тому

    Isnt gross income over 4400? How canyou be claimed as a dependent?

    • @howtotaxes2054
      @howtotaxes2054 5 місяців тому

      You can be claimed as a dependent if you are a qualifying child. I believe you are referring to a qualifying relative. ($4,700 for 2023).

    • @dec1slh
      @dec1slh 5 місяців тому

      Well you should specify, because even in the criteria your screen said under 65. I don't know any 25 - 64 year olds that would qualify as a child dependent

    • @dec1slh
      @dec1slh 5 місяців тому

      Child dependents need to be 17 or younger, correct?

    • @howtotaxes2054
      @howtotaxes2054 5 місяців тому

      @@dec1slh Under 19 or under 24 and a student

    • @dec1slh
      @dec1slh 5 місяців тому

      @@howtotaxes2054 still not relevant when your video shows criteria of being under 65....stop responding and fix your click bait video

  • @joshlozano2657
    @joshlozano2657 5 місяців тому

    do I also have to include my tax-exempt interest as a source of income when adding it to my 1/2 ssi

  • @virginiaeaton291
    @virginiaeaton291 5 місяців тому

    Great help verifying that I did all the steps correctly--Thank You, very clear instructions.

  • @brenerjoseph3930
    @brenerjoseph3930 5 місяців тому

    Hi, thank you for this update. But, WAIT for how long?

    • @howtotaxes2054
      @howtotaxes2054 5 місяців тому

      Just until you watch the video! :)

  • @patshaheen2930
    @patshaheen2930 5 місяців тому

    How do you get the amount on line 16

    • @howtotaxes2054
      @howtotaxes2054 5 місяців тому

      From the tax tables in the Form 1040 instructions

  • @johnmillard8438
    @johnmillard8438 6 місяців тому

    Very good info and simple step by step instructions! Very helpful info.

  • @SheryMalik936
    @SheryMalik936 6 місяців тому

    ❤❤❤

  • @user-vb1ee4fz8t
    @user-vb1ee4fz8t 6 місяців тому

    Rich man doing taxes: what? Never? Got accountants. Got Real Estate. I love the IRS! God bless America! Poor man: Hey, I've gotta pay my rent at a one bedroom apartment, and now, the IRS got me paying it twice! I'm gonna get evicted! Thanks IRS for kicking me onto the streets! 😂

  • @annabellebrownell2774
    @annabellebrownell2774 8 місяців тому

    So helpful. ALso needed it for dependents

  • @EssenceOfMohana
    @EssenceOfMohana 8 місяців тому

    how is line 11 on the ssn worksheet zero when it clearly states you have to subtract line 10 from 9 which is showing as 7500 - 9000 on your example? please clarify

  • @roulaldgermain6823
    @roulaldgermain6823 9 місяців тому

    You’re the best

  • @mahoganired8608
    @mahoganired8608 9 місяців тому

    #10. how did you get 0...please explain anybody?

  • @MeZzZzZzZzZzZzZzZzZ
    @MeZzZzZzZzZzZzZzZzZ 9 місяців тому

    THANK YOU

  • @TransWaveMusic
    @TransWaveMusic 11 місяців тому

    Thank you very much! Did not know that the Line6b can be significantly lower than the simple SocSec half amount! 🙂

  • @jimesaj
    @jimesaj Рік тому

    Thank you SO much...best video I have seen on tax prep...I had no clue I could reduce my ss income like this...Thank you

  • @HeavenReservation
    @HeavenReservation Рік тому

    excellent video, if you have children under 18 also receiving ss benefits do you add them with the benefits of the parent receiving the SS? Or are they exempt, if exempt, do you have the IRS code showing they're exempt? thanks

  • @gendef9926
    @gendef9926 Рік тому

    very helpful, thanks!

  • @rsxtypejai209
    @rsxtypejai209 Рік тому

    Can I still claim my dad and be head of house. I been doing this for years. But I heard that u can’t do it anymore unless it’s your child. But I have no child. I take care of all my dad needs. My dad doesn’t work.

  • @mixedmartialanarchist6469

    Aren’t you supposed to subtract 24 from 33?

  • @richardross7219
    @richardross7219 Рік тому

    Thank you.

  • @jackharris4234
    @jackharris4234 Рік тому

    This video is awesome. Extremely helpful!!!! Thank you so much!!

  • @jesusg6982
    @jesusg6982 Рік тому

    I rarely comment, but I must thank you for the answers given here! Looking forward to more content.

  • @BUHNANUHBREAD
    @BUHNANUHBREAD Рік тому

    What line do I put property taxes paid?? I don't have a mortgage, my house is paid off...Also, do I put the exact taxable amount or do I round it up/down?? I have 54 cents on the federal taxed amount. Thanks!!

    • @howtotaxes2054
      @howtotaxes2054 Рік тому

      You would put them on Schedule A, line 5b, if you are itemizing. If you don't have a mortgage, it may be more advantageous to take the standard deduction in lieu of itemizing. Round up or down, you would round 54 cents up.

  • @michelledunford1737
    @michelledunford1737 Рік тому

    This is the best video I have seen in a long time! Thank you!

  • @cathycato5890
    @cathycato5890 Рік тому

    Thank you, thank you. You are the only one that I could find that did line by line.

  • @trailwindz7833
    @trailwindz7833 Рік тому

    Do we have to fill out another 1040 with the adjusted numbers and include it with the 1040X?

    • @howtotaxes2054
      @howtotaxes2054 Рік тому

      Complete and attach any applicable forms and schedules to support the amounts you refigured.

  • @enriquepaniagua2836
    @enriquepaniagua2836 Рік тому

    Thanks a lot 👍

  • @Cantersoft
    @Cantersoft Рік тому

    The audio is so quiet, I can't hear anything!

    • @howtotaxes2054
      @howtotaxes2054 Рік тому

      ua-cam.com/video/Z1F-Rl006Zg/v-deo.html Here is a link to my current year video with improved sound.

  • @benko1776
    @benko1776 Рік тому

    Thank you .. I couldn't find were to put my UI benefits on the 1040.. Turns out i had to add a form that i was only able to find after watching your video.. Thank you very very much..

  • @Dayz-yl9dq
    @Dayz-yl9dq Рік тому

    THANK YOU SO MUCH!!! this was perfect and exactly what I needed. you helped me save so much money and I finally learned how to do it. THANK YOU BLESS YOU!!!!!!!!!<3

  • @ghiea.1466
    @ghiea.1466 Рік тому

    hi, so if the child who is 18 and qualified dependent file her own tax return just to get her refund, my question is can a parent claim all the credits like EITC and CTC?

  • @villanuevaruth21
    @villanuevaruth21 Рік тому

    how did you get the amount 228

  • @snuzie421
    @snuzie421 Рік тому

    I'm filing for my widowed mother for 2022 using TurboTax. Income is 2-1099R and 1-SS. One of the 1099R's it has line 2a " UNKNOWN " and there is no box 2b. For the taxable amount of box 1. what do I put in box 2a? Thanks so much for your help!