How to File Taxes For The First Time

Are you feeling overwhelmed by the thought of filing your taxes for the first time? Look no further! In this comprehensive guide, we will walk you through the process of filing taxes step by step, making it a breeze for beginners like you. From gathering the necessary documents to understanding different tax forms, we've got you covered.
In this video, we delve into the basics of filing taxes and provide useful tips and insights along the way. We understand that taxes can be confusing, but fear not - our goal is to simplify the entire process for you.
Our goal is to provide the foundation for what you need to know when it comes to filing YOUR taxes. From what documents you need to get started, how to determine your filing status, what your options are for filing, and what to look out for once you start filling out forms, plus providing a plethora of additional resources to cover most tax situations!
With our practical advice and insider tips, you'll be equipped to maximize your deductions and potentially save money in the process. We'll shed light on often overlooked deductions and credits that could significantly impact the final amount you owe or receive as a refund.
Remember, filing taxes for the first time doesn't have to be daunting. Join us today and gain the knowledge and confidence you need to conquer your first tax season. Subscribe to our channel and hit the notification bell, so you never miss an update.
0:00 Taxes 101
0:06 Gather Your Documents
3:37 Select Your Filing Status
4:51 Decide How You're Going to File
6:36 What You Actually Need to Do
9:17 What If I Owe Money?
10:10 Additional Resources
#taxes #filingtaxes #tax101
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DISCLOSURE: We are not financial advisers. The ideas presented in this video are for entertainment purposes only. Although the information is researched and vetted beforehand, it may not be up to date at the time of viewing. Please do your due diligence and research on the topic. You (and only you) are responsible for the financial decisions that you make.

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This would be so helpful but on my W-2 says box 14 other I have "FAMLI" But don't know if I should put other or leave it as FLI when using H&R Block