Taxes 101 (Tax Basics 1/3)

In this video, you'll learn everything you need to know about the U.S. Tax system. We cover the ins & outs of how taxes are calculated, everything from deductibles to exemptions, as well as how our progressive tax system actually works.

[issa]

youtube has taught me more than school has in the past month

[dedwinx]

Tip for those who do not understand I did not understand it at first at all so every time he brought up something that I didn't know I would open a new tab and search up that specific thing, then come back once I knew what it was. After doing this you should eventually be able to watch the whole video and understand everything that is going on. It's fairly easy once you know what all the words mean. If u don't understand this video at first put in the work to do so, it will defiantly pay off in the future.

[CallHerCassie]

Why don’t they teach this in high school?

[lyllaphoenix]

Schools seriously need to teach us this... I’m 16 and I only got *2* years left until I’m 18. Anyone else doing this??

[invitematerial]

Freshman in high school sad I gotta try to learn this through youtube.

[Carlos-hrkg]

Thank you so much for this. I’m 17 1/2 and getting ready for the adult world.

[reckless]

Not ready to be an adult . 🤣 Still don't get this

[lalahadams]

I'm a 7th grade homeschooler wanting to learn about economics and how the world works, and this helped out A LOT. Thank you!

[zataviacalhoun]

I wish school taught dis cause I still don't understand this. Yes this video is helpful but using all thoes words I don't know I became confused

[varenbautista]

i learned something more useful in my adulthood in 4 minutes than i did in 12 years of my life.

[vivalanina]

How long would it have taken to teach this in ONE lesson in math or economics class in high school. No one, including my parents taught me this.

[BrubsyMusic]

YouTube has taught me more in the past 3 months than school has in the past 7 years.

[justarandomweebyay]

Thanks a lot school, appreciate your 0% contribution to my money management knowledge. Can't thank you enough

[shadowskill]

The more I learn about taxes the more it sounds like an elaborate racket to extort money

[natasha]

Thanks for posting on the basics. I'm sharing this with my daughter, a college freshman, because this wasn't taught in high school.

[PotatoeBunny]

Oh thank you thank you! This is exactly what I was looking for. I never had anyone to teach me any of these things. I literally felt like crying because either was so lost looking at those forms I just couldn't figure it out. I still couldn't find tax basics info through a Google search but I found your video on YouTube. You're my Savior! Thank You, I hope u will keep posting videos like this. Your content is really good, I hope you're monetizing it for all it's worth, you're doing a great thing, educating those of us who don't know, understand or lack access to this kind of information. Thank you again!! ❤❤❤❤

[utrgzww]

What an amazingly understandable and simplified video on the basics of taxes. Thank you so much!

[Roarrior.]

I can’t believe high school doesn’t teach you how taxes work.

[Alessandro]

I am a 40 year old man & I can honestly admit that this video gave me a headache from trying to learn all this stuff. LOL. But I truly appreciate the posting. I will just need to watch it over and over until it sinks in.

[cmarqueche]

Like another commenter, I found this invaluable. It was the right details presented in an easy to digest format. Thank you!