Is this a write off? Scene from Schitt's Creek

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  • Опубліковано 23 гру 2024

КОМЕНТАРІ • 170

  • @DM-fe2bc
    @DM-fe2bc 2 роки тому +876

    The genius of this show is how David shows similar qualities as his mother. His use of "write off" without actually knowing what it means reminds me of Moira telling him to just "fold it in." The apple doesn't fall too far.

    • @marccram2664
      @marccram2664 2 роки тому

      Shit apples

    • @LazarusIsBackBaby
      @LazarusIsBackBaby Рік тому +24

      You just fold it in. It's in the name.

    • @michaelmarche7641
      @michaelmarche7641 Рік тому +12

      I couldn’t agree more! David DEFINITELY has Moira’s blood!

    • @gaberaph
      @gaberaph Рік тому +1

      This!

    • @bobarcher5837
      @bobarcher5837 Рік тому +8

      Or they just watched an episode of Seinfeld and copied their idea...

  • @Kaboomboo
    @Kaboomboo 2 роки тому +646

    "Then why isn't it called a tax write off?"
    IT IS! HAHAHAHA

    • @squamish4244
      @squamish4244 2 роки тому +13

      I always burst out laughing there no matter how many times I watch this.

  • @shotinsarajevo
    @shotinsarajevo 2 роки тому +417

    The write-off people!

    • @jg4840
      @jg4840 2 роки тому +2

      Did Seinfeld do it better?

    • @squamish4244
      @squamish4244 2 роки тому +6

      @@jg4840 No.

    • @rscaito1
      @rscaito1 2 роки тому +13

      @@jg4840 no because Kramer actually understood the concept (in that knowing it is a common practice in large corporations), he just couldn't describe its financial implications. David doesn't understand the concept at all and that's what makes this funnier.

    • @christophergargaro959
      @christophergargaro959 Рік тому +1

      Why are we having this conversation?! 🤣

    • @leoescalona
      @leoescalona Рік тому

      Which Seinfeld chapter?

  • @Trig242
    @Trig242 2 роки тому +211

    I was gonna leave, but now I don't want to so

    • @beegee22
      @beegee22 2 роки тому +2

      😂🤣😂🤣👍👏👏👏👏👏

    • @christophergargaro959
      @christophergargaro959 2 роки тому +7

      Stevie was so awesome in this show. Love how she knows what's going to happen and stirs the pot on purpose just to see Johnny go off on David. 🤣

  • @abhijit2178
    @abhijit2178 Рік тому +64

    "Do you even know what a write-off is?" takes me back to the classic conversation between Kramer and Jerry Seinfeld hahah!!

    • @codycast
      @codycast 7 місяців тому +6

      “Well they do… and they’re the ones writing it off…”

  • @questionquestion1
    @questionquestion1 8 місяців тому +10

    This scene and the "12 things of milk" scene are two sides of the same coin lmaooo. They're sister scenes and easily some of the best Johnny moments. His reactions and facial expressions to the madness around him is just too funny. This scene had me in tears 😭

  • @Mayorofpeepsville
    @Mayorofpeepsville 2 роки тому +437

    As a bookkeeper this is an accurate depiction of what is or in this case isn't a write off.

    • @lumberjackdreamer6267
      @lumberjackdreamer6267 2 роки тому +9

      The best scene about “write off” came from Seinfeld. Have you watched it?

    • @moeyusuf
      @moeyusuf Рік тому

      @@lumberjackdreamer6267 send the link

    • @InvokedAlbaz
      @InvokedAlbaz Рік тому

      If I order file folders to keep the receipts of my sales in and label them with the months, is that a tax write off?

    • @GCEXTREMEMN
      @GCEXTREMEMN Рік тому +12

      ​​@@InvokedAlbazyes as a business supply expense..but youre literally talking pennies.
      You spend what $10 on folders...even at a high 10% tax rate, that $10 in folders will give you a $1.00 tax credit return.
      And again 10% is high and i bet the tax return on supplies is less than 6%
      But when you take all your expensesand write them off they can add up.
      Lets say between folders, papers, printer ink, envelopes, you may have maybe a few hundred dollars a year in supplies to write off, if youre a small business.
      If youre shipping alot then postage and packaging can add up alot. One year i had $1500 in postage alone to write off. Then add any software and hardware/equipment youve bought. Basically one year I made $29k in sales, had $14k in expenses to write off, so i got about $1,000 tax reduction credit.
      So before my expenses write off i needed to pay in $2800 in taxes. After i included the write offs i only needed to pay in about $1800 in taxes.

    • @sjhcanada
      @sjhcanada 11 місяців тому +1

      @@GCEXTREMEMN One cool way to write things off is that if you work from home, you can make 1/4 of your house or apt an expense and write it off - 1/4 of your rent, heat, etc.

  • @Mr.Strickland410
    @Mr.Strickland410 2 роки тому +117

    The write off people lmaoooo

  • @7979man
    @7979man 2 роки тому +85

    I tell ya Eugene levy is the man great delivery that face of comedy lol met him twice extremely polite to us and spent time talking to us

    • @Stormie_IV
      @Stormie_IV Рік тому +4

      That is so good to hear! I always loved him. He seems like he would be genuinely nice, but ya never know!

    • @ZakhadWOW
      @ZakhadWOW 7 місяців тому +1

      Canadian. Required to be nice under pain of death by maple syrup 🎉

  • @ridhimaansharma4373
    @ridhimaansharma4373 2 роки тому +104

    I get this frustrated whenever I try to explain any new technology to my parents. 🤣

  • @tinner1191
    @tinner1191 Рік тому +39

    Stevie’s such an instigator 😂😂😂😂😂

  • @NoTheRobot
    @NoTheRobot 3 роки тому +35

    IT IS!!!

  • @questionquestion1
    @questionquestion1 8 місяців тому +3

    Just wanna add how perfect the thumbnail to this video is! 😂😭 I was in stitches before even watching

  • @soijustlistenedto...
    @soijustlistenedto... 2 роки тому +108

    Johnny saying "This is not a write off" repeatedly is like the equivalent of David's "incorrect".

  • @jacibea
    @jacibea 6 місяців тому +9

    "But they know, and they're the ones writing it off" 😂

  • @rscaito1
    @rscaito1 2 роки тому +53

    First thing I thought of when I first saw this scene was the Seinfeld scene with the argument between Jerry and Kramer about what a write-off is.

    • @ProfChristians
      @ProfChristians  2 роки тому +6

      any idea what season/episode? I haven't seen that but I want to!

    • @rscaito1
      @rscaito1 2 роки тому +6

      @@ProfChristians The Package, Season 8 Episode 5

    • @ProfChristians
      @ProfChristians  2 роки тому +1

      @@rscaito1 awesome thanks, i will find it!

    • @phoebeantonettebriones2734
      @phoebeantonettebriones2734 2 роки тому +4

      saaaame!! that's what i remembered from this scene too lol

    • @ms.b6281
      @ms.b6281 2 роки тому +10

      I came here to see if anyone else compared it to Seinfeld. 👍

  • @tyrannosaurusburke
    @tyrannosaurusburke Рік тому +104

    I remember watching this episode for the first time, and the moment that David Rose asked, "OK, well, then why isn't it called a 'tax write-off'?", I said, "It is," out loud in front of the TV right before Johnny Rose said it.

  • @appreciatingthemoment
    @appreciatingthemoment 2 роки тому +92

    Me getting everything ready for taxes rn

  • @zachbarker2720
    @zachbarker2720 2 роки тому +17

    Schitt’s Creek is so freaking good.

  • @lessthanthreemetal
    @lessthanthreemetal Рік тому +9

    I could listen to Eugene Levy yell about virtually any topic and be entertained

  • @thegreatestman851
    @thegreatestman851 Рік тому +39

    David was absolutely right when he said “Stevie never helps!” Hilarious friggin show!!! 😂😂😂

  • @tonyc7301
    @tonyc7301 2 місяці тому +4

    This was always such a big part of Eugene Levy’s comedic brilliance. Trying to actually teach something to an immature or uneducated person, while visibly losing his mind at the same time over their behavior.

  • @Lou_Thats_Who
    @Lou_Thats_Who Місяць тому +3

    After recently watching people not understanding how tariffs work reminded me of this great scene of Eugene trying to explain to David what write offs are. Only difference is, these two are actually smart and hilarious.

  • @janpiet6612
    @janpiet6612 Рік тому +6

    john’s face after david mentions the massage chair 😂😂😂😂 completely lost it

  • @mattbenz99
    @mattbenz99 2 місяці тому +7

    People don't realize that a write off just lowers your taxable income because it was an expense before profit. Basically, if you earned $100k from your business, but you needed to spend $30k in expenses to earn that $100k, your net profit is $70k. That 30k was expenses that you can claim lowered your net profit and thus, you won't pay taxes on that 30k of revenue.

  • @seanbrockest3888
    @seanbrockest3888 2 роки тому +73

    I've had that conversation with people. There are people who actually think that a write off is when you literally just make something so it didn't exist. It's amazing how little people understand about business or economics.

    • @ProfChristians
      @ProfChristians  2 роки тому

      it's so true.

    • @sharpwater4804
      @sharpwater4804 Рік тому +6

      As a graduate of Oregon public education I did not know what a write off was until I saw this clip. All financial classes at my high school were optional electives, and I never ended up taking them due to other elective commitments. It should be mandatory but I believe that the public education system leaves us without such knowledge so we can remain corporate worker bees struggling in minimum wage… maybe I’m just a conspiracy nut but too often I see young adults failing due to a lack of common knowledge not being taught in schools, where they then get stuck in poverty or lower middle class because they never knew what steps to take or the potential they had. So many of my classmates from my year have no concept of savings, interest, investments, etc. I myself lack in many areas but I’m working to try and educate myself so I can live comfortably, so I thank Shitts Creek for telling me what a write off it lol

    • @drjustin84
      @drjustin84 Рік тому

      @@sharpwater4804it didn’t help in Florida, but of course it didn’t-it was the education system in Florida

    • @kinyutaka
      @kinyutaka Рік тому +6

      Just in case, what you are doing with a write off is basically voiding a line item so you don't pay taxes or fees on it.
      In a hotel, you might write off a room night because the guy did a charge back on the credit card. You didn't get paid, so you don't want to pay franchise fees and hotel tax.
      But you still lost the money. You paid for the electricity and water and cleaning in the room.
      You write off a $100 room night and it saves you probably $30. At the end of the year.

  • @wenwenrenee
    @wenwenrenee Рік тому +19

    Johnny is hilarious in this scene when he really starts losing it, lol

  • @thebestsin
    @thebestsin 2 роки тому +11

    I swear I was having this conversation with my sister few months back. She started a business and took small loan from my parents. Then started to go shopping spree. She even though about getting range rover with small down payment. I asked how are you planning to pay it. She said it’s write off part of the business. Mind you she haven’t even sold a single thing in the business. Ultimately I took over and I’m recovering most of the losses.

  • @ashleyminer141
    @ashleyminer141 2 роки тому +50

    This is how I prepare for tax season every year.

  • @michaelconde2023
    @michaelconde2023 Рік тому +5

    This definitely one of my favourite moments in the show.

  • @japanesetoenglish
    @japanesetoenglish Рік тому +14

    This scene was a riff on a Seinfeld joke. But in this case one party knows what a write-off is.

  • @robertcharles7384
    @robertcharles7384 Рік тому +4

    Stevie holding back her laughter at 1:15. Classic!!

  • @donvolio4089
    @donvolio4089 5 місяців тому +2

    Eugene levy is a genius. His exasperation at the town sign lol

  • @natethefighter
    @natethefighter 8 місяців тому +2

    The face Eugene Levy gives at the end of this scene reacting to the idea of a massage chair is one ive seen my own dad give to me several times throughout my life

  • @TomDeVito
    @TomDeVito 2 роки тому +22

    “Then why isn’t it called a tax write off?”
    “IT IS!!!!” HAHAHAHAHAHAHAHA!!

  • @constantinentakos2907
    @constantinentakos2907 2 роки тому +10

    Best scene

  • @chantellegattrell7073
    @chantellegattrell7073 Рік тому +1

    Being Canadian this is my favorite show my favorite family oh my God I went sad when it stopped filming but this is just good laughs I can watch this series continuously

  • @mojojojoslyfoxharris
    @mojojojoslyfoxharris 11 місяців тому +5

    This should be played to high school kids in their accounting or finance classes for a little humor yet reality

  • @APG19912009
    @APG19912009 Рік тому +3

    0:50 - 1:00
    Stevie’s smile 😂😂😂
    Just screams “I’m gonna be a shit disturber lol”

  • @michaelmatheny3927
    @michaelmatheny3927 Рік тому +1

    Wow! That was great writing: "I wassss gonna leave, but now I don't want to." [you know, it's ALWAYS the opposite. Lolololol]

  • @mikeggg5671
    @mikeggg5671 Рік тому +3

    You see, he forgot to fold it in!!!

  • @RoryMichaela
    @RoryMichaela 2 роки тому +15

    This reminds me of the Seinfeld scene lol

    • @jesusgonzalez4805
      @jesusgonzalez4805 2 роки тому +1

      When Elaine is watering the plants 🪴 with a water flossing machina 🤣🤣🤣🤣🤣

  • @aucifer1001
    @aucifer1001 Рік тому +9

    This was a Seinfeld joke but I somehow like this version better

    • @CRL365
      @CRL365 6 місяців тому

      Really?

  • @CrazyDiva549
    @CrazyDiva549 5 місяців тому

    This show is amazing!!!

  • @Merlzzthewmb
    @Merlzzthewmb 2 роки тому +3

    Literally came here after doing an IG reel to the voiceover 🤣🤣 People and their write-offs!

  • @cjsmith8319
    @cjsmith8319 Рік тому +4

    I have a degree in accounting and work in tax accounting. I’m just like David when I’m at the office lol. You learn something new everyday.

  • @christophergargaro959
    @christophergargaro959 10 місяців тому

    "I was gonna leave, but now I don't want to so..." 🤣
    Stevie is the best LOL

  • @ThreeLions82
    @ThreeLions82 7 місяців тому

    These guys can always cheer me up. 😂

  • @benhaggitt4466
    @benhaggitt4466 Рік тому +1

    Eugenes expression after David mentions the massage chair 😂😂😂

  • @illikainen12
    @illikainen12 3 місяці тому +2

    My God, they're twins

  • @darkdaveywavey
    @darkdaveywavey 2 роки тому +20

    If you meet a David please help them they need your support now more than ever.

  • @ChrisMoreweb
    @ChrisMoreweb Рік тому +3

    Thank you Seinfeld.

  • @jazmynesimington7773
    @jazmynesimington7773 10 місяців тому

    I love David 😂 he’s my favorite character

  • @dkleinm
    @dkleinm 8 місяців тому +1

    But David can write off those things as home office expenses.

  • @SK-le1gm
    @SK-le1gm Рік тому +1

    David, just skip taxes. Let em try to get a penny out of you 😂

  • @mininair9312
    @mininair9312 4 місяці тому

    This my mother and me uaving a daily conversation whenever i buy products off nykaa amazoan etc😅

  • @halhali-u2f
    @halhali-u2f 6 місяців тому

    This is the funniest scene in the entire show . HAHAHA

  • @michelewetzel5590
    @michelewetzel5590 6 місяців тому

    The audacity to mock his dad at the end there 😅

  • @missingno.992
    @missingno.992 Рік тому +1

    I do not know what this means. Can someone explain like I’m 5?

    • @Amy-cp9ff
      @Amy-cp9ff 10 місяців тому +2

      You can't just buy random stuff for your house and write it off on your taxes claiming it's a business expense... it has to be used for certain things and writing it off doesn't mean you get the full amount back from the purchase just a portion to go toward taxes spent on the item and only the portion that was specifically used for the business (sometimes items like phones or cars for example can be used for personal and business use so it needs to be split to account for each use) it's funny because he thinks he's so right and his dad's like huh? 😂

  • @natestaggs822
    @natestaggs822 2 роки тому +16

    Seinfeld did it first lol

  • @baremysoul4u
    @baremysoul4u Рік тому

    Nails getting done for a hand model? Write Off or Not?

  • @Beras27
    @Beras27 5 місяців тому

    Me as an accountant trying to explain basic finance to my future kids

  • @zwifty6209
    @zwifty6209 Рік тому +1

    Isn't a write-off something you do when someone can't pay you back?

    • @rscaito1
      @rscaito1 Рік тому +2

      There are many types of write-offs, but yes, that is one example, a bad debt write-off.

  • @alexvasquez537
    @alexvasquez537 Рік тому +1

    And I loled when johnny erupted.

  • @fatmajamal6150
    @fatmajamal6150 2 роки тому

    Which episode?

    • @ProfChristians
      @ProfChristians  2 роки тому +2

      S2E6: Moira vs Town Council

    • @fritztopher
      @fritztopher 2 роки тому +4

      @@ProfChristianssienfeld did it first and it was funnier

  • @shaneturner500
    @shaneturner500 Рік тому +1

    If he was working as an actor those acne products could’ve been a write off

  • @AR-nr4nu
    @AR-nr4nu Рік тому +5

    Lmao nabbed it from Seinfeld.

  • @hampersincldt3373
    @hampersincldt3373 Рік тому

    This next purchase should be a dictionary

  • @mezza001
    @mezza001 Рік тому

    Very funny scene! From the legend Eugene.

  • @arsenewenger30
    @arsenewenger30 6 місяців тому

    "Work is paying for your bedding"

    • @AngelaCopas
      @AngelaCopas 5 місяців тому

      And the chair, and the lamp and my facial two weeks from now!!!

  • @squamish4244
    @squamish4244 2 роки тому +3

    Aaaand he ruined her business.

  • @kokokocho
    @kokokocho Рік тому

    These could all be write offs (except the massage chair) but he would need to
    Be able to actually afford them.

  • @johnhaxby306
    @johnhaxby306 Рік тому

    I wish we had Write Off People

  • @Tim85-y2q
    @Tim85-y2q 10 місяців тому

    Technically, he probably could consider some of this stuff business expenses, he just misunderstands the benefit.

    • @ProfChristians
      @ProfChristians  9 місяців тому

      no he couldn't because he is an employee, not a business. if work pays, that's their expense, not his; if he gets benefits from his employer that's income not a deductible expense

    • @Tim85-y2q
      @Tim85-y2q 9 місяців тому +1

      Well yeah, that'd what I mean when I say he misunderstands the benefit. My point is some of these things could qualify as actual write offs

  • @greencomet2011
    @greencomet2011 Рік тому +3

    "Wish I had the last 20 Seconds of my life back" - Jerry Seinfeld

  • @fritztopher
    @fritztopher 2 роки тому +4

    This was stolen from sienfdld

  • @eliotschickler6948
    @eliotschickler6948 9 місяців тому

    Too funny!

  • @jesse7604
    @jesse7604 2 роки тому +5

    [tee hee]

  • @60sto80s2
    @60sto80s2 5 місяців тому

    I didnt know ben shiprio was in this show XD

  • @sarahwilliams3025
    @sarahwilliams3025 Рік тому

    Oh my god 😂

  • @xOxmRsGiLlEsPiExOx
    @xOxmRsGiLlEsPiExOx 10 місяців тому

    “Ugh”
    “Ugh”

  • @reynoldstheoplis94
    @reynoldstheoplis94 4 місяці тому

    Feels I feel like this is a reference from Seinfeld

  • @masterdriveroftoyotazupr4164
    @masterdriveroftoyotazupr4164 2 роки тому

    Ernst and Young be like...

  • @thivaher
    @thivaher Рік тому +3

    Its a modern rip off of Seinfeld

  • @mrbrown6896
    @mrbrown6896 Рік тому

    Lol. David is out here committing tax fraud.

  • @baremysoul4u
    @baremysoul4u Рік тому

    Blame it on our educational system or lack thereof

  • @Raisinsaredumb
    @Raisinsaredumb 3 місяці тому

    Just a thought doesn’t a company have to make money to have a write off to benefit from such
    😂😂😂
    Never made any money so no benefits here ffs

  • @amitnagpal1985
    @amitnagpal1985 Рік тому +3

    Who pays for it?
    No one. 😂😂😂😂😂

  • @D_Winds
    @D_Winds 6 місяців тому

    Eyebrows.

  • @RamiroBelmaresJr
    @RamiroBelmaresJr Рік тому

    This character seems so frustrating

  • @ChaseCetta
    @ChaseCetta Рік тому +4

    Seinfeld was first.

  • @anne-mariezack
    @anne-mariezack 2 роки тому +2

    🤣🤣🤣

  • @lisaperry5003
    @lisaperry5003 Місяць тому

    😂😂😂

  • @joshuajackson3485
    @joshuajackson3485 2 роки тому +2

    My wife took this clip and lip sync to it on her tik tok video

  • @chrisk6811
    @chrisk6811 2 роки тому +3

    🤣

  • @si604
    @si604 6 місяців тому

    Seinfeld 'write off' convo was much better

  • @jamesl9371
    @jamesl9371 6 місяців тому +1

    Come on. Totally stolen from Seinfeld

  • @hgarcia7935
    @hgarcia7935 7 місяців тому

    🤦‍♂️🤣🤣🤣🤣

  • @sgt.grambo7364
    @sgt.grambo7364 4 місяці тому

    Seinfeld did the write off joke first.

  • @soundnessofmind7196
    @soundnessofmind7196 5 місяців тому

    Seinfeld