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Showing posts with the label howtofiletaxes

Tax Expert Weighs In: Is Filing Married Jointly the Right Choice for 2023?

Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: 🤑 Watch this FREE Training to Learn How to Save on Taxes, Legally: Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! My Tax Strategy Programs: Tax Free Living Bundle (47% off): 🏡  Buy Tax Alchemy Rental Loss Program Now: Book a Discovery Call to Learn More About Tax Alchemy: Check out these links Below! Get Help Setting up Your LLC: Learn How to Self Direct Your IRA or 401k: *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Sil...

Recording a 401(k) Rollover to a Traditional IRA on TurboTax 2022 Form 1040

How to file your taxes with TurboTax? In this video, I cover how to enter Form 1099-R which shows a direct rollover of a 401(k) plan balance into a Traditional IRA. This often happens when an employee leaves their employer for a new position and needs to transfer their previous 401(k) balance. The transfer from a traditional 401(k) to a Traditional IRA is generally a tax-free exchange; however, it still needs to be reported on Form 1040. For other TurboTax 2022 tutorials videos, please see the following playlist: Jason’s Page: Knott PLLC: Need more help? Schedule a Consultation: ✅ TAX & ACCOUNTING TRAINING GUIDES Udemy - Gumroad - ✅ FOLLOW JASON HERE: Patreon: Twitter: Instagram: TikTok: LinkedIn: Quora: DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment ...

Form 8880 - Retirement Savings Contributions Credits TurboTax 2022

How to file your taxes with TurboTax? In this 9th video, I cover how to calculate your tax credit for Qualified Retirement Savings Contributions on IRS Form 8880. The tax credit is available to certain taxpayers that make contributions to their Traditional or Roth IRAs, as well as certain contributions to qualified 401k, 403(b), and other retirement savings programs. For other TurboTax 2022 tutorials videos, please see the following playlist: Jason’s Page: Knott PLLC: Need more help? Schedule a Consultation: ✅ TAX & ACCOUNTING TRAINING GUIDES Udemy - Gumroad - ✅ FOLLOW JASON HERE: Patreon: Twitter: Instagram: TikTok: LinkedIn: Quora: DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an att...

Maximize Tax Savings with an Average Salary: The Ultimate Guide

On today's Taxes Made Simple, we delve into the most requested and important topic that every taxpayer should be aware of: strategies that average to wealthy earners can utilize to pay as little taxes as possible! Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: 🤑 Watch this FREE Training to Learn How to Save on Taxes, Legally: Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! My Tax Strategy Programs: Tax Free Living Bundle (47% off): 🏡 Buy Tax Alchemy Rental Loss Program Now: Book a Discovery Call to Learn More About Tax Alchemy: Check out these links Below! Get Help Setting up Your LLC: Learn How to Self Direct Your IRA or 401k: *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies menti...

2022 TurboTax - Complete your Form 1040 with TurboTax for Traditional IRA Contributions

How to file your taxes with TurboTax? In this 8th video, I cover the basic tax differences and treatments for the Traditional IRA vs Roth IRA. How to enter the Traditional IRA contributions into TurboTax and calculate the amount of tax deduction for the taxpayer. For other TurboTax 2022 tutorials videos, please see the following playlist: Jason’s Page: Knott PLLC: Need more help? Schedule a Consultation: ✅ TAX & ACCOUNTING TRAINING GUIDES Udemy - Gumroad - ✅ AFFILIATE LINKS Open an LLC with Inc File: Protect your Privacy with Nord VPN - ✅ FOLLOW JASON HERE: Patreon: Twitter: Instagram: TikTok: LinkedIn: Quora: DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client re...

Comparing the Benefits: Self Directed IRA vs Solo 401k, Where Should You Invest?

Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: 🤑 Watch this FREE Training to Learn How to Save on Taxes, Legally: Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! My Tax Strategy Programs: Tax Free Living Bundle (47% off): 🏡  Buy Tax Alchemy Rental Loss Program Now: Book a Discovery Call to Learn More About Tax Alchemy: Check out these links Below! Get Help Setting up Your LLC: Learn How to Self Direct Your IRA or 401k: *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA ...

Here are several possible rewrites of the title, depending on the desired tone and emphasis: 1. Important Facts on CA Tax Extension and Middle Class Tax Refund 2. The Lowdown on CA Tax Extension and Middle Class Tax Refund 3. Key Insights into CA Tax Extension and Middle Class Tax Refund 4. Everything You Must Know about CA Tax Extension and Middle Class Tax Refund 5. Your Guide to CA Tax Extension and Middle Class Tax Refund 6. Demystifying CA Tax Extension and Middle Class Tax Refund 7. The ABCs of CA Tax Extension and Middle Class Tax Refund 8. A Simple Explanation of CA Tax Extension and Middle Class Tax Refund 9. What You Can Expect from CA Tax Extension and Middle Class Tax Refund 10. CA Tax Extension and Middle Class Tax Refund 101: Your Primer

Most Californians don't need to submit their taxes until Oct. 16, 2023. Due to the the winter storms, the tax deadline has been extended for all but 3 counties in California. CPA Larry Pon explains who is impacted by the new deadline, contributions that will lower your tax bill and what you need to know about the middle class tax refund. #taxes #tax #taxday #middleclasstaxrefund #taxrefund #abc7news... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA As the tax season approaches every year, many taxpayers face the pressure of filing their tax returns and ensuring they're not missing anything. However, sometimes circumstances prevent them from completing the task on time. For instance, a taxpayer may not have all the necessary documents or resources to file their tax returns before the April 15th deadline. Fortunately, the state o...

IRS Releases New Inflation Tax Brackets. What This Means For You

Since the start of the pandemic, inflation has RAVISHED the United States, but the IRS have shaken things up a bit with the new changes they implemented into 2023's tax brackets! What does this mean for you? Karlton Dennis breaks out the iPad to teach EXACTLY how much you will be taxed over the next year on today's Taxes Made Simple! HOW TO WORK WITH ME 📞Book a Professional Tax Strategy Consultation: MY PROGRAMS 🤑 Learn The Same Strategies The Rich Use To Live Tax Free: 🏡 Tax Alchemy Real Estate Tax Program: #taxes #taxfreeliving #taxexpert #taxreduction *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During I...

Into Investments with Humphrey Yang: Investing during Inflation (Episode 3)

"What is inflation? We hear about it in the news and, now, many people around the country are experiencing its effects in stores, online, and at home. What can we do about inflation, and how can we use our investments to help us? In this episode of Into Investments, @Humphrey Yang welcomes Andrew to talk about current financial trends and how inflation is impacting the market, our investments, and even our mortgages. They also dive into sneaker reselling, collectible assets including NFTs, and their unique financial paths. We teamed up with investor and content creator Humphrey Yang to make Into Investments, and help people like you to get answers to their investment questions and learn how to invest and grow their finances. Tune in for investing tips, tricks and hacks to help you make some 🔥 investing moves. ► TurboTax Premier: ► Cryptocurrency Tax Calculator: ► I Started Investing This Year, What Do I Need to Know Come Tax Time? ► Humphrey’s Cha...