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Tax Teach
United States
Приєднався 15 січ 2021
Hello! My name is Sean and I am a certified public accountant. This channel is meant to teach people on the basics of individual taxes. The videos will mostly cover topics surrounding the individual tax return (Form 1040). Videos will be posted on Tuesdays and Thursdays.
The goal of this channel is teach people about tax. This channel isn't meant to provide tax advice and one should reach out to a tax professional for any tax advice.
The goal of this channel is teach people about tax. This channel isn't meant to provide tax advice and one should reach out to a tax professional for any tax advice.
Filed Your Tax Return Late? What Penalties the IRS Might Assess
In this video I discuss what penalties the IRS might assess if you file your tax return (Form 1040) late. There could be failure to file, failure to pay and other penalties. I also go over things you can do to mitigate the penalties and possible interest.
Переглядів: 158
Відео
How Much Accountants Make a Year
Переглядів 1904 місяці тому
In this video I talk about tax accountant salaries. Salaries vary based on the region one works in, the level of experience someone has, what company they work for and various other factors. My estimates are based on my experience and job postings on LinkedIn.
Should You Hire a Financial Advisor? My Thoughts as an Accountant
Переглядів 894 місяці тому
In this video I discuss reasons why someone should consider hiring a financial advisor. When hiring a financial advisor, one should consider the various fee structures which is something I go over in this video. I also go over how I invest personally, which is investing in index funds that track the S&P 500.
Child Tax Credit Explained
Переглядів 2467 місяців тому
In this video I provide a high level overview of what the child tax credit is. I talk about how much the credit is, what qualifications you need to meet to take the credit, and some limitations of the credit. I also talk about the child and dependent care credit briefly.
What is a Form 1099
Переглядів 3897 місяців тому
In this video I talk about Form 1099 and the various kinds of Form 1099s such as Form 1099-NEC, Form 1099-INT, Form 1099- MISC, and many more.
How To Calculate and Report The Earned Income Tax Credit (EITC)
Переглядів 7 тис.Рік тому
In this video I discuss how to calculate the Earned Income Tax Credit and report the credit on Form 1040. I go over Schedule EIC as well as showing how to calculate the EITC by using the Form 1040 instructions.
Earned Income Tax Credit (EITC) Explained
Переглядів 23 тис.Рік тому
In this video I go over the Earned Income Tax Credit (EITC) and the qualifications one needs to meet in order to take the credit. I briefly go over how to report the credit on one's tax return (Form 1040). The credit ranges from $560 if you are single all the way up to $6,935 if you have three children.
Taxes on Stocks (Beginners Guide)
Переглядів 237Рік тому
In this video I go over how stocks are taxed. I discuss short term capital gains, long term capital gains, and dividends. Additionally, I briefly talk about reporting stock sales on Form 8949 as well as Schedule D.
Child Tax Credit - Changes to Expect This Year
Переглядів 2,8 тис.Рік тому
This video goes over the Child Tax Credit for 2022 and how if differs from the 2021 tax return. In the video I go over how the American Rescue Plan Act child tax credit changes no longer apply to for the 2022 tax year.
Biden Student Loan Forgiveness Application
Переглядів 91Рік тому
In this video I go over Biden's Student Loan Forgiveness Program and what you need to qualify. Individuals are eligible for up to $20,000 of loan forgiveness if the student loans are Pell Grant loans or up to $10,000 if they are any other type of federal student loan.
How to Fill Out The Recovery Rebate Credit (Line 30 Form 1040)
Переглядів 14 тис.2 роки тому
How to Fill Out The Recovery Rebate Credit (Line 30 Form 1040)
5 Common Tax Credits That Might Apply to You
Переглядів 6572 роки тому
5 Common Tax Credits That Might Apply to You
How to Fill Out The Child Tax Credit Schedule (Schedule 8812)
Переглядів 37 тис.2 роки тому
How to Fill Out The Child Tax Credit Schedule (Schedule 8812)
Letter 6419 Advance Child Tax Credit Payments | Child Tax Credit
Переглядів 2812 роки тому
Letter 6419 Advance Child Tax Credit Payments | Child Tax Credit
NEW Form 1099-K Threshold | How This Might Affect You
Переглядів 3162 роки тому
NEW Form 1099-K Threshold | How This Might Affect You
5 Common Tax Return Mistakes (Form 1040)
Переглядів 8442 роки тому
5 Common Tax Return Mistakes (Form 1040)
How to Report Crypto Currency on Your Tax Return (Form 1040)
Переглядів 12 тис.2 роки тому
How to Report Crypto Currency on Your Tax Return (Form 1040)
Tax Planning Explained | What is Tax Planning
Переглядів 1112 роки тому
Tax Planning Explained | What is Tax Planning
Roth IRA Explained | What is a Roth IRA
Переглядів 2043 роки тому
Roth IRA Explained | What is a Roth IRA
How to Fill Out Form W-4 If You Have 2 Jobs Or If You Are Married
Переглядів 72 тис.3 роки тому
How to Fill Out Form W-4 If You Have 2 Jobs Or If You Are Married
How to Sell Your House Without Paying Federal Taxes
Переглядів 3193 роки тому
How to Sell Your House Without Paying Federal Taxes
Tax Update: Individual Tax Return Due May 17th
Переглядів 2413 роки тому
Tax Update: Individual Tax Return Due May 17th
Are Stimulus Checks Taxable? How to Report Stimulus Check Information on Your Tax Return
Переглядів 2,3 тис.3 роки тому
Are Stimulus Checks Taxable? How to Report Stimulus Check Information on Your Tax Return
How to file your taxes for free in 2021
Переглядів 1,9 тис.3 роки тому
How to file your taxes for free in 2021
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2878 Huels Coves
Heyyy. Looking into starting my journey to CPA this year. I am currently an undergrad majoring in BA with a con. in Finance. Just a quick question I didn’t happen to see answered. I work a full time job as a QBDT support for Intuit. If I got an internship with an accounting firm could I get all my experience hours that way or would I need to pick up a part time job at the accounting firm to satisfy that requirement?
Thank you!!
really helpful, thank you!
Dorothy Mill
Thanks 👍🏼
Clifford Springs
Towne Crescent
Do i have to declare what i earned on venmo and square by selling home made food?
Daniel Stravenue
882 Mann Oval
Emmet Vista
Hackett Land
Thanks bro!
How to do a 9 on the w4?
How do you fill out the form if you have several substitute jobs but don't know what your income will be ? Thank you
What do you do if you're self-employed in your income is from a schedule c. I don't see schedule c income as a box to fill in
Dude your video is legit awesome! Well done simple and clear explanation. Unlike many other complicated videos I found prior.
Yes thank you , you are very clear and I appreciate that 🙏🏼 thank you
Happy to hear you enjoyed the video!
This was really good 👏🏾. Thank you for taking the time to create a PowerPoint and breaking it down.
Happy to hear you enjoyed the video!
So when I’m done do I send this to twitch?Cause I finally got affiliated and they want me to sign the w-9 form in order to start getting payed.
How do you fill this out for someone who is married and has 2 jobs and spouse has 1 job and filing jointly. Can we do the same as a single for the first high paying job? Please explain
Thank you SOOOOOO MUCH that was helpful
Thanks❤
thank you! I needed to understand this for my Tax Class! you made it possible
Obviously CPA exam has been a pain in my but that won't bother me any longer I have gotten my license already thanks to you Mr Dylan God bless you more cuz you made it possible for me
People keep talking about Dylan all over UA-cam,he must be a very awesome help.
Yes you're correct but remember heaven helps those who help themselves, try studying if you can't study then get yourself a good help
I studied for months and couldn't pass, I guess passing is a blessing
CPA exam might seem so tough to pass but studying very hard is a very vital skill to win trust me.
Everyone has their own way, Dylan worked for me and studying didn't .
Hi Shawn thanks for the video. I have a question: 1. I'm a bookkeeper (that covers my experience).✔ 2. How many units will I need from college before I can take the CPA exam ? Thank you for sharing Shawn.
Hey Sean - CourseCareers sent an email about a paid partnership. Did you get a chance to read it yet?
What number would I use for line 3 if one of my jobs pays every 2 weeks but the other one is monthly?
Great video very informative. Thank you.
my problem is that my job is a per diem job without set hours. so idk how much im going to be earning
I don’t have a form 1040 For the first line is that number from the W2 form line 1??????
Thank you! Thank you!
Has any of this information changed for the new year or can I still use this video as a guide??
Is it necessary to update the W4 form from the first job (lower paying job)? What if you don't want the other employer to know you have two jobs?
Great video. Thank you!
If I have two jobs, would I be making these changes and submitting it to the higher paying job?
Didn’t see the link that covers section 3 and 4 on the W4. Would please be able to send? Also, if a person is single with no dependents. Would they place the dollar amount $0.00 on each line. One more question. If i take care of two family members, would the amount of $1000 be placed on lines 3a? Thank you very much
Thank you so much for this video. Very detailed
Hello Sean, I hope this message finds you well. I'm reaching out to express my admiration for Tax Teach and your commitment to educating individuals on the basics of taxes. Your dedication to providing valuable tax-related content is commendable, and I believe there's an exciting opportunity for us to collaborate. As a professional video editor, I specialize in creating engaging and informative videos that resonate with viewers. I'm passionate about helping content creators like yourself enhance the quality of their videos, making them even more impactful and educational. I would love to discuss how we can work together to elevate the production value of Tax Teach's videos. By collaborating, we can create visually appealing content that effectively communicates complex tax concepts to your audience. Please let me know if you're interested in exploring this collaboration further. I'm excited about the opportunity to contribute to Tax Teach's mission of tax education. Looking forward to hearing from you. Best regards, Hammad
So if my 19 year old daughter makes $13/hr & job 1 is 14 hours per week and 2 is only 5 hours a week.....does this even involve her??
6:11 so if I’m doing this for my lowest paying job I don’t have to do any of it? Or just for 4c
Hi, I am filling out a CSU application for college and it is asking me to input my Parents' adjusted gross income (AGI) for 2022 and my Parents' untaxed income and benefits for 2022. I know the AGI can be found on line 11 of the 1040 form on the 2022 Individual Tax Return, but I want to confirm where I can find the amount for the untaxed income and benefits? Is it line 2a where it says “Tax-exempt interest” or is it line 2b where it says “Taxable interest”? Line 2a is blank, but line 2b has an amount. Which one would I put? Thank you!
Thank you for actually giving details and examples, this is what I needed!
hi man great content. May i ask which pdf editor are you using?
Im getting my CPA Studies while deployed lol hopefully the military doesn't have me going all over the world lmfao (its a joke, travel is nice)
Thanks for this video - I truly appreciate it cuz I am confused. But I’m also more convinced than ever that the IRS makes taxes bizarrely complex on purpose. Good lord IRS just TELL me what I owe - you have the numbers and the experts. Why on earth am I working FOR FREE to do these calculations for you?
Great content man. What pdf editor are you using?
What if you get paid weekly at one job and monthly at the other?