Today I will explain step by step how to file your taxes with the Individual Tax Return 1040. You can see that the tax code and the IRS are very simple. They want to know who you are and how much you have earned so they can determine what percentage should go toward tax payments.

Tax authorities: https://bit.ly/3iC6FCI
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Because the tax code is over 70,000 pages long, it can be confusing and overwhelming for the average person.

So in this video I walk you through it
– Quick overview of tax brackets
– Which forms need to be completed
– How to complete them

And I'll go through everything step by step, so it's important that you don't jump around and watch until the end.

Timestamps
Introduction (0:00)
Step #1 (1:35)
Step #2 (2:52)
Step #3 (4:25)
Mistake #4 (7:00)
Mistake #5 (7:40)
Mistake #6 (8:25)
Mistake #7 (9:02)

Useful tools that I use:
– Quickbooks (for Bookkeeping): https://bit.ly/3ATx1F3
– ZenLedger (Crypto capital gains tax tool): https://bit.ly/3Lgabwf

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Disclaimer: The information in this video is for informational purposes only and is not intended to substitute for professional legal, accounting, or financial advice. If you have any legal questions about this video or the topics discussed, or any other legal matter, you should consult an attorney or tax professional in your jurisdiction (i.e., where you live).

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