How to Calculate Your Federal Income Tax Liability | Personal Finance Series

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[WarpPal]

Instructions not clear; Now im on the Most Wanted list....

[thebaddguy]

Bro this was the best example/ video out there … I search and search 👀

[TheLimitless]

9525 times 10% does not equal 925 your explanation helped though

[hneybee]

Perfect thank you this is exactly what I was looking for. Now I just need to find the 2019 version. Thanks for sharing.

[metakmoto]

Thanks for putting this video together. Learned what I came here for. Thank you!

[rsr]

What about other non taxable income? Like 401k and medical insurance, having little ppl (kids) and claiming head of household. do u have a video on that? I love how u slowed everything down even tho some calculations were off. I still got the point great video

[chrissystewart]

First time seeing this so I need to learn this very important

[flyingfishsurf]

Thanks for explaining. Tax code is so needlessly complicated.

[karensnuffer]

What is the standard deduction for married couples and does kids change that. Please do a video on child tax credits as well.

[Copycatyoga]

Great video. Very helpful. Thank you for explaining it so clearly.

[firenutz]

Hey I just wanted to say what a great video. You explained it so well thank you!

[kaltrex]

a traditional IRA works the same way as a standard deduction? If I put 3000 into it in 2021, then it will deduct 3000 on my gross lowering my net income into a lower bracket?

[inquisitvem]

My retired elderly father receives a social security check that goes to his Bank account. He also gets a check from a pension that goes to his bank account. The amount of $900 is his monthly ss check and amount of $1100 is his monthly pension check. This total is $24k annually. I saw a vid where if he earns below 25k in retirement income, he doesn’t pay taxes or doesn’t need to file. Is that right?

[orgcomm]

Great seeing videos from you. I started my own channel because of yours, btw. Keep rocking the house.

[amillers]

Hi..Can you explain how the $49, 000 was derived for the 22% tax bracket?

[SunnyDaysRFun]

Your table doesn't show standard deduction?

[KngDr]

It was kinda hard to follow along with the example, but from what I think I understood if I make about $65, 000 a year, if I’m married with no kids, and if my standard deduction is $25, 000 that I should put about $17, 135 up for my taxes?

[Ameeraltaie]

I was at 22% when I was married then when I got divorced and become single they hit me with 30% my YTD is 69k I should be at 24% right ?

[myrlandecharles]

Hi thanks for your video it helps a lot. But I still need help determine what will be my annual taxes liability amount, I am self-employed, filling jointly and my YTD is 26k. Please help.

[mariakovacs]

Hello. Is there is channels like this are necessary.
I have to report a person who files taxes if I were financially dependent on him. . In the form 3949-A, I should mark what tax crimes of that person are but my knowledge of the subjet and any my English make me have doubts. Please, could you tell me which of these options should I indicate? I think I could put several options. Those are:
False exemption
False deductions
Multiple filings
Organized crime
Unsubstantiated income
Earned income credit
Public/political corruption
False/altered documents
Unreported Income
Kickback
Wagering/Gambling
Failure to withhold tax
Failure to file return
Failure to pay tax
Other.
I wisk to do and send this online. Do you know if is there any way to ask? Do you think the tax filing office where I have to send this will accept a handwritten letter?
Sorry for my English. I'll appreciate your answer.