How to Do Taxes For Beginners | Accountant Explains!

  Рет қаралды 129,904

ClearValue Tax

ClearValue Tax

5 ай бұрын

Check to see if you qualify for the TurboTax Free Filing: www.anrdoezrs.net/click-10015...
My Tutorial Video on how to file your taxes on TurboTax: • How to File Taxes on T...
Join our EXCLUSIVE Investing Community: clearvalueinvesting.com/
GET 3 FREE STOCKS when you open up a stock account here: a.webull.com/i/ClearValueTax
Join this channel to support us by being a member:
/ @clearvaluetax9382
The best way to support our channel is to share this video on your social media to spread awareness. We appreciate the support!
ClearValue Tax and affiliates and related parties do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Thank you for your support!
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

Пікірлер: 326
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Check to see if you qualify for the TurboTax Free Filing: www.anrdoezrs.net/click-100154634-13906760 My Tutorial Video on how to file your taxes on TurboTax: kzfaq.info/get/bejne/frZjgrxlv9nYYmQ.html
@veronicasiordia868
@veronicasiordia868 5 ай бұрын
Bryan do you think they will pass the child tax credit?
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Hi Veronica, honestly, it's looking like 50/50 right now. Usually it's a clear answer, but not this time. I wish I could be more helpful on that. @@veronicasiordia868
@veronicasiordia868
@veronicasiordia868 5 ай бұрын
Bryan do you know by when will we find out if it passes or not ?
@smsservicesall
@smsservicesall 5 ай бұрын
29th
@Juice421fs
@Juice421fs 5 ай бұрын
Can you do another video like this but geared towards gig worker's?
@taylorferreria7815
@taylorferreria7815 5 ай бұрын
Who out here 18 and filing their taxes rn 😭 ? I’m so happy I came across his page . Quick and easy explanations , walk-through’s , and further technique / advice . I wasn’t expecting him to make an updated version , but he honestly , truly blessed us !
@voidshot6033
@voidshot6033 5 ай бұрын
Doing them right now, his guides are super simple. I am 19 and know how to file now with ease.
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for that feedback and all the support, I appreciate it very much Taylor!
@jepa8230
@jepa8230 4 ай бұрын
Yo 17 and this first video I watched. So relieved I found him.
@nickphaux
@nickphaux 3 ай бұрын
Me when I have to be an adult for the rest of my life now and do this every year: 🙃🙃🙃🙃
@LilacZ373
@LilacZ373 4 ай бұрын
This needs to be taught before leaving high school! Thanks for your high quality content
@Maintenance_Mark
@Maintenance_Mark 4 ай бұрын
We really need to just change the tax laws and FORCE the IRS to pay us our money without us doing anything just like how they take it from our paychecks every week without fail. The IRS knows exactly how much money it owes you but they choose to make you play guessing games instead of just sending the money they owe you back. They could. They just won't.
@zoeytrahan6970
@zoeytrahan6970 4 ай бұрын
It was taught at my school as an elective
@tearealdavis2212
@tearealdavis2212 4 ай бұрын
It’s not intentionally
@riftwalk2546
@riftwalk2546 4 ай бұрын
lets be real here, if this was taught in school most if not all would skip this class. most Americans already hate basic math so if this is taught everyone would hate it.
@ngmusic5665
@ngmusic5665 3 ай бұрын
in many schools classes arent that easy to skip, and it can be incorporated into an existing class. nonetheless having it is better than not@@riftwalk2546
@Eunoia_.__.02
@Eunoia_.__.02 4 ай бұрын
I’m 21 who isn’t sharp about adulthood and feels really insecure about it. I’m glad to come across this video💕
@ceyleighdugan4989
@ceyleighdugan4989 5 ай бұрын
Great job making what can be a stressful topic simple. I'm a fan of turbo tax, too. I've been using them for the past 9 years.
@deleteduser3749
@deleteduser3749 5 ай бұрын
I used to buy the CDs in Costco. 😂. Haven't been audited yet but my taxes are simple.
@KoalaFicationOfficial
@KoalaFicationOfficial 5 ай бұрын
Just remember your taxes money funded wars and illegals than Americans
@LuxuryTravelsWithAna
@LuxuryTravelsWithAna 5 ай бұрын
This is gonna be my second time filing as self employed and I messed up the first time. Please do another video for those self employed
@mathe3173
@mathe3173 4 ай бұрын
you're the OG man, appreciate you for spitting this knowledge for free, God bless you.
@kingpin6753
@kingpin6753 3 ай бұрын
Salute to this man
@aviationvideos9613
@aviationvideos9613 5 ай бұрын
Good job. I am one of your regular subscriber customer. Thanks for explaining everything clearly.
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
THank you for all the support Aviation Videos! I appreciate it so much!
@addressunknown983
@addressunknown983 4 ай бұрын
Phenomenal video, concise & short which addressed the question. Keep up the good work!
@PORKMINDINVESTOR
@PORKMINDINVESTOR 5 ай бұрын
THANK YOU MY FAMILY IN BOSTON WILL SERIOUSLY NEED THIS!😍👀🐷 thank you ALWAYS! And thank you for being on youtube!
@GarrettSAlston
@GarrettSAlston 5 ай бұрын
Great basic explanation! 👌 Should teach this in schools!!
@DWes487
@DWes487 5 ай бұрын
Thanks for this Brian and all that you do here!!!
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
I appreciate the support so much, thank you DWes!
@funnygirl3351
@funnygirl3351 5 ай бұрын
Turbo Tax is so easy and now Brian walks us through it. It doesn't get any better than that folks.
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
THank you for all the support FunnyGirl3351! I appreciate it so much!
@GirlKeepItReal
@GirlKeepItReal 9 күн бұрын
I cannot thank you enough for this, I am 22 years old just now learning taxes. But i'm greatly to learn now!!
@ararel3550
@ararel3550 5 ай бұрын
Concise and informative. Good step-by-step teaching tool. I will use it with my family members.
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for all the support!
@truehawj2093
@truehawj2093 5 ай бұрын
This is the perfect video for my kids to learn. Thank you!
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you truehawj and I hope this veideo helps your children!
@snogletree
@snogletree 5 ай бұрын
I ❤ your videos! Thank you for always sharing your knowledge & providing helpful insights.
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
It's my pleasure and thank you for all the support snogletree!
@Isaac-eq1im
@Isaac-eq1im 5 ай бұрын
Thank you for providing so much valuable knowledge!
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for all the support Isaac!
@erethynentzar
@erethynentzar 5 ай бұрын
Excellent intro to personal income taxes, Brian!
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for all the support Erethynentzar!
@garyhirtz4392
@garyhirtz4392 5 ай бұрын
Very good overview. In short order. Thanks.
@kdoh4657
@kdoh4657 5 ай бұрын
I appreciate the info. Will be preparing tax service for taxpayer this year.
@thegoldenpersona
@thegoldenpersona 4 ай бұрын
Really appreciate this. Keep up the beautiful work
@drumed11
@drumed11 4 ай бұрын
Awesome video! the only the thing I would love to see you cover is Filing Status & the different options. Your vides are great, thank you.
@quinkim1
@quinkim1 5 ай бұрын
very informational video, thank you!
@123hhww
@123hhww 5 ай бұрын
Thank you! I will always remember you for your generosity in teaching it to us.
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
That's so kind of you and I appreciate the support so much, thank you 123hhww!
@lunamorris2091
@lunamorris2091 Ай бұрын
Excellent video! Thank you very much for your hard work.
@SegaDisneyUniverse
@SegaDisneyUniverse 5 ай бұрын
One of many topics that I wish was taught to me in grade school.
@DrineThePoet
@DrineThePoet 4 ай бұрын
This should be taught in school so thank you for this video!
@bmanisap1
@bmanisap1 5 ай бұрын
Thank you so much for the great info!!
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for all the support bmanisap!
@johnkaczinski468
@johnkaczinski468 Ай бұрын
I’ve prepared individual income tax returns (PTIN) for 22 years at 2 of the largest national tax prep companies. Your basic description of tax preparation is on spot!!
@Hankjones1
@Hankjones1 5 ай бұрын
I used to do the 1040 EZ form for years
@mariellahendricks4809
@mariellahendricks4809 2 ай бұрын
This tutorial was awesome! thank you so much!
@abiwoods101
@abiwoods101 2 ай бұрын
i’m 21 and this is my first time doing it without my dad and this helped so much tbh
@rosebloom2518
@rosebloom2518 5 ай бұрын
Happy Friday Brian!!! Have a great weekend!☀️🌺
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Happy Friday Rose Bloom!
@HaMou261
@HaMou261 5 ай бұрын
You're the man ! Thanks 👍
@Curanderaa
@Curanderaa 5 ай бұрын
The visuals are so helpful 😮❤
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for that feedback!
@mariboy887
@mariboy887 2 ай бұрын
I turn 19 in April and you just made taxes so clear. Like even as getting nervous while watching the video (bc once again first time). You made this so much lighter on my soul😂
@matthewluong9447
@matthewluong9447 5 ай бұрын
Thank you for explaining. I have no idea of how taxes work.
@user-py7wp6nw9h
@user-py7wp6nw9h 5 ай бұрын
awesome, as always!
@shosilva14
@shosilva14 5 ай бұрын
Honestly I feel way better after this video
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
I’m happy to hear that shosilva!
@jrraven3230
@jrraven3230 5 ай бұрын
Thanks Brian 😊 😊
@gladyspanisello888
@gladyspanisello888 3 ай бұрын
Thanks for your information is very importante for everyone
@PJMedLife
@PJMedLife 2 ай бұрын
honestly they should teach this in high school
@jannely9217
@jannely9217 5 ай бұрын
I wish I had seen this video before learning it on my own
@myaadams5738
@myaadams5738 4 ай бұрын
Doing them tonight wish me luck
@brijeshdesai8375
@brijeshdesai8375 4 ай бұрын
Very good information ..thx
@kamaal50762
@kamaal50762 5 ай бұрын
But thanks to this gentleman man he made mw understand everything about taxes with in Minutes
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for all the support!
@MsPetraThao
@MsPetraThao 5 ай бұрын
Thanks for sharing Brian. I'm new here.❤
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for all the support and welcome pajkubthoj!
@rudyzuniga7834
@rudyzuniga7834 3 ай бұрын
If the IRS knows everything, why do we need to file our taxes?
@norahallak7325
@norahallak7325 3 ай бұрын
Exactly 😂
@bobbyw1074
@bobbyw1074 5 ай бұрын
Thanks Brian
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you Bobby for all the support!
@zainah3446
@zainah3446 5 ай бұрын
Amazing content thanks
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you Zainah for all the support!
@CasitaQuetzal
@CasitaQuetzal 3 ай бұрын
Thank you my taxes are simple one income family of 7 no stocks and I would always pay someone to do until I found this KZfaq channel that is was simple
@joeldrummer23
@joeldrummer23 5 ай бұрын
May have to check em Out
@bvisko7
@bvisko7 3 ай бұрын
Thank you much! You have made this easy & I love how simple you made it... Where are you located??? Would love to use you next year...
@stevewashington2716
@stevewashington2716 5 ай бұрын
Thanks man
@MidnightToker_98
@MidnightToker_98 5 ай бұрын
Hi Brian, happy Friday bud!
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Happy Friday to you Midnight Toker!
@movang3053
@movang3053 5 ай бұрын
Thank you for all the help and info. I have one question, im receiving survivors benefits for my kids, do I file that?
@gardengirl6636
@gardengirl6636 3 ай бұрын
Thanks!
@Journey2Destinations
@Journey2Destinations 5 ай бұрын
Thank you! Do I need to pay to file for the state tax if I use Free TurboTax?
@JoeT.1960
@JoeT.1960 5 ай бұрын
Thanks
@lillianmvargaso4960
@lillianmvargaso4960 5 ай бұрын
❤❤❤ Thank you.
@click0915
@click0915 5 ай бұрын
Great video.
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for all the support!
@dsaavedra1626
@dsaavedra1626 5 ай бұрын
Hey Brian, local chicago that’s been watching your videos since the beginning of the pandemic. Really appreciate videos like this helping us common folk. Was wondering if you could make this video in Spanish for all the…”new comers” 😅 we have here in the states. My barber and I were just discussing this earlier today. Thanks!
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
The "new comers", understood! Yes, I'll definitely have to do that, good suggestion!
@shannoncargo468
@shannoncargo468 5 ай бұрын
I want to be the 1st to say congratulations on 2 million subscribers
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
I appreciate that Shannon! I believe it may happen in February!
@reeseb3545
@reeseb3545 4 ай бұрын
clearvalue tax r u a gamer? i like ur taxes!
@sunnyboy8860
@sunnyboy8860 5 ай бұрын
I have both 1099 and W-2 this year for the first time and I’m timid about it because I feel like the tax preparer will fail somehow
@timothy7754
@timothy7754 5 ай бұрын
Thank you
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you Timothy for all the support!
@Keepitlope
@Keepitlope 4 ай бұрын
Very helpful! Well executed video. Wish I had access to this video at an early point in my life. 🎉
@SWB_mike
@SWB_mike 5 ай бұрын
Can you talk about 709 and how we can use them
@truce11
@truce11 4 ай бұрын
Would love to see video for independent contractors
@soundofmetal
@soundofmetal 5 ай бұрын
I'm still waiting if the IRS is gonna announce any stipulations for the GA HB 162 surplus refund check I got last year or if it doesn't need to be claimed like the year before
@tiffanyjones5469
@tiffanyjones5469 4 ай бұрын
I always pay someone to do my taxes, after this video I think I’m gonna do it myself
@eagler8196
@eagler8196 5 ай бұрын
1st year claiming social security...did you cover the 3 ways you can determine that tax hit?
@joegonzalez1941
@joegonzalez1941 5 ай бұрын
There's a silly formula invented by the bean counters,add and divide and subtract and then multiple and subtract again, can't have simple in the IRS 😢
@yeriel6
@yeriel6 5 ай бұрын
It’s first year I have mileage recorded for my Amazon Flex Job. Still recommended to do it myself?
@user-hu3tx8vl7w
@user-hu3tx8vl7w 5 ай бұрын
Nice video
@cl8045
@cl8045 4 ай бұрын
Can you do one for self-employment
@Fernando-jp7lk
@Fernando-jp7lk 5 ай бұрын
I don’t have any federal taxes taken out because I need all that I can get on my check. If I owe and taxes at the end of the year, will the child tax credit offset that balance?? Thank you.
@johnwright7782
@johnwright7782 5 ай бұрын
Any word on the $3600 child tax credit?
@vin1234567891
@vin1234567891 4 ай бұрын
Hi Brian, can we still make changes to our W-4?
@buckdaily8288
@buckdaily8288 5 ай бұрын
I was on Worker’s Comp. last year all year long except two months. How does that affect my refund? I live in New York. Ty
@nucreation9833
@nucreation9833 5 ай бұрын
How can we pay for your accounting services ?
@Wooster77
@Wooster77 5 ай бұрын
Brian, do you recommend setting up an LLC for each investment property you own, and if so, can TurboTax for single member LLCs handle the filing of tax returns? Would simply increasing ins coverage or adding an umbrella policy protect assets as well as an LLC?
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
That’s recommended to put each investment property into its own LLC for legal liability purposes (not for tax purposes). But this is very easy in Turbotax for tax purposes. Insurance is your first line of defense, your LLC is your last line of defense. Some people want 1 or none. Other people want both. Depends on your comfort level and circumstances.
@esmealameda6105
@esmealameda6105 5 ай бұрын
How do I know if im supposed to file? Im in my 40's living in texas with 2 kids on ssi
@InvestInTime
@InvestInTime 5 ай бұрын
I have done my own tax returns for several years now. This is my first time that I sold my primary residence house that I lived in for the last 15 years. I made less than $200K in profit. I know that I don't have to pay federal tax on it but do I still have to report it to the IRS? Or report it somewhere on the tax return?
@Alexander-fz7sd
@Alexander-fz7sd 5 ай бұрын
Can we do taxes now if we have kids or still wait till the 29th?
@jeanniearnett3948
@jeanniearnett3948 5 ай бұрын
My former apartment property owner refuses to send my Minnesota State Renters Rebate form to my new address. She's very unruly. How should I handle this??
@Dappp66
@Dappp66 5 ай бұрын
Can we please get one for self employed
@KelsiMcConnell
@KelsiMcConnell 5 ай бұрын
Any update of child tax credit?
@its4electric
@its4electric 4 ай бұрын
Looking at turbo tax examples, it only shows 2 spots for W2 forms. I have 3 W2s
@veronicagalvan3591
@veronicagalvan3591 4 ай бұрын
I have W2’s, 1098 T, and three different 1099’s. Seems complex to me since I’m preparing myself for the first time. Any suggestions? Thank you.
@JB-dj7er
@JB-dj7er 5 ай бұрын
My dependents are still overseas, and will be joining me this april 1st week 2024. Should i wait for them to file my tax as mareied filing jointly? Thanks
@shreetamsheregar1428
@shreetamsheregar1428 4 ай бұрын
Very informative video. I came to the US in the month of August 2023, so I have not completed 183 days in 2023, but I intend to stay here for the next couple of years. I just wanted to know if I am eligible to avail standard deduction ?
@iceburgslim1959
@iceburgslim1959 4 ай бұрын
My wife and I only have retirement income. We both reside in Illinois which does not tax retirement income. Do I still have to file 1040 IL state form?
@NuclearChicken42
@NuclearChicken42 5 ай бұрын
Thank you for this video Brian!
@clearvaluetax9382
@clearvaluetax9382 5 ай бұрын
Thank you for the support Nuclear Chicken!
@sikixo8969
@sikixo8969 5 ай бұрын
Can i add my apartment electricity and gas bill that I pay?
@Mandy-cd4xs
@Mandy-cd4xs 4 ай бұрын
Do I need to put the PTIN number if i am filing my own taxes and my panets taxes? I have the PTIN number because i worked with h&r block for one month then i quit and now thinking to do my own taxes.
@nicolenurczyk1595
@nicolenurczyk1595 5 ай бұрын
I used to use credit karma to file taxes and they switched to cash app. I have used cash app for the last couple years but now im reading that might not be good. I also dont understand if or how im supposed to report my 401k contributions that are outside of my employer 401k.
@VovanCBR
@VovanCBR 4 ай бұрын
how to report 1042-S ($25) together with W2 - under other income? or as interest?
@brittanydw1148
@brittanydw1148 5 ай бұрын
Could you cover how to do crypto taxes or how to how for an accountant that does crypto taxes
@yaaduwalker4116
@yaaduwalker4116 5 ай бұрын
I lost money in crypto and stocks I know I don’t pay taxes on losses but I’m wondering, do I file?
@TL-sn7ne
@TL-sn7ne 2 ай бұрын
Is this only on income taxes for April 15th? So not on other taxes like sales taxes and property taxes?
How to Avoid an IRS Audit (how to fly under the radar)
9:14
ClearValue Tax
Рет қаралды 962 М.
Increíble final 😱
00:37
Juan De Dios Pantoja 2
Рет қаралды 106 МЛН
We Got Expelled From Scholl After This...
00:10
Jojo Sim
Рет қаралды 64 МЛН
OMG🤪 #tiktok #shorts #potapova_blog
00:50
Potapova_blog
Рет қаралды 17 МЛН
Получилось у Вики?😂 #хабибка
00:14
ХАБИБ
Рет қаралды 5 МЛН
Tax Basics For Beginners (Taxes 101)
18:05
LYFE Accounting
Рет қаралды 258 М.
How to Pay Less Taxes to The IRS | Accountant Explains
14:30
ClearValue Tax
Рет қаралды 452 М.
Small Business Taxes for Beginners & New LLC Owners
16:06
LYFE Accounting
Рет қаралды 187 М.
Payday Routine: Do These 4 Things After Getting Paid!
16:16
ClearValue Tax
Рет қаралды 609 М.
Scott Galloways Predictions for 2024 at OMR24
32:23
OMR
Рет қаралды 639 М.
Quiet Quitting Was The Best Decision of My Career
13:23
ClearValue Tax
Рет қаралды 492 М.
Making 100k a Year - The $100K Lifestyle!
5:40
ClearValue Tax
Рет қаралды 131 М.
How Much Home You Can ACTUALLY Afford in 2024 (By Salary)
18:13
ClearValue Tax
Рет қаралды 236 М.
Car Market Update: More Price Cuts Ahead in 2024!
8:38
ClearValue Tax
Рет қаралды 109 М.
Tax Differences EXPLAINED: LLC, S Corp, Partnership, Sole Prop
28:06
Navi Maraj, CPA
Рет қаралды 312 М.
Increíble final 😱
00:37
Juan De Dios Pantoja 2
Рет қаралды 106 МЛН