Revealing My 2020 INCOME AND Why The IRS Owes Me Money | FILING TAXES STEP-BY-STEP
*****SEE GRADUATING UCLA | MY SENIOR THESIS (THE LOOMING BANK COLLAPSE) VIDEO FOR THE MOST UPDATED VERSION OF MY TAXES (ONLY CHANGE IS TO MY CALIFORNIA TAXABLE INCOME EVERYTHING ELSE IS THE SAME)*****
💵Smart Money w/ Sebastian playlist💰: https://www.youtube.com/watch?v=l8HaVY26UMA&list=PLcoteivfbl08_hxu4DV8XbFkJQq1rqdgz
💳 Credit Playlist💳: https://youtube.com/playlist?list=PLcoteivfbl08Hm7aoyNR6zVPjAOn5GWO_
👨💼Investment Banking playlist👨🏻💻: https://www.youtube.com/playlist?list=PLcoteivfbl096Kpajx2zozbPdifA6MFkI
☕️ Coffee Chats w/ Sebastian playlist☕️: https://www.youtube.com/watch?v=9wfhGj3hyLE&list=PLcoteivfbl0_3wvWHJAyRJ65BXhoNkeYm
Revealing my 2020 income in this video is solely to show why the IRS owes me money back from the taxes I overpaid on throughout the year. In this video I use my 2020 income and the taxes that I paid as an example of how to file taxes step-by-step. There are so many different tax advantages that you can have available to you, regardless of whether you are an employee, a business owner, or 1099 independent contractor, and this video allows you to see what those are. For me, one example is that since I was a college student at the beginning of the tax year, I can claim the American Opportunity Tax Credit (also available to some is the Lifetime Learning Tax Credit). It is so important to understand the basics of the tax code even if you have a great licensed CPA by your side because if you don’t know all of the tax savings you can take advantage of and you don’t deliver all the necessary information to your CPA, then there is little to nothing your CPA can do to help you save on taxes if he/she doesn’t know the whole picture. This video shows you exactly how to file taxes.
______________________
📈Webull referral link (not affiliated)📉:
https://act.webull.com/vt/DqLjBVlyzGJR/ail/inviteUs/
______________________
PERSONAL FINANCE & INVESTING RECOMMENDED READS📕📗📘:
Rich Day Poor Dad🙋♂️🤦🏻♂️by Robert Kiyosaki
The Psychology of Money💰 by Morgan Housel
The Little Book 📖 on Common Sense Investing by Jack Bogle
The Book on Rental Property 🏠 Investing by Brandon Turner
The Intelligent Investor💡by Benjamin Graham
INVESTMENT BANKING RECOMMENDED READS📚:
The Vault 🔐 Guide to Investment Banking
Investment Banking 👩💻by Joshua Pearl and Joshua Rosenbaum
______________________
📱LET’S CONNECT!📱
Instagram📸: https://www.instagram.com/sebastianhaworth/
LinkedIn🔗: https://www.linkedin.com/in/sebastian-haworth/
______________________
👍SUBSCRIBE & turn on post NOTIFICATIONS 🚨
For all inquiries, please email sebastianthaworth@gmail.com
______________________
✨ABOUT ME✨
My name is Sebastian, I’m 21 years old and just recently graduated from UCLA 🐻 as an Economics major. I currently reside in Los Angeles, California (born and raised). Since starting college, I’ve dabbled in different spaces in finance, whether it be wealth management, investment banking, or even just personal finance. I would love to have you join the fam and share my insights on personal finance and investment banking with all of you!
I appreciate all the support! P.S. I love basketball 🏀 and traveling 🏖🌇🌎
______________________
✅Hashtags✅
#2020Income #Taxes #HowToFileTaxes #IRS #TaxCredits #StandardDeduction #AmericanOpportunityTaxCredit #LifetimeLearningTaxCredit #TaxDeductions #ItemizedDeductions #TaxRefund #2020 #Stocks #StockMarket #Investment #NeedtoKnow #Robinhood #Webull #Newchannel #Smallyoutuber #Finance #FinanceYoutuber #Business #Money #FinancialFreedom #Wealth #Success #PersonalFinance #FinancialLiteracy
______________________
🛑Disclaimer🛑
The content in any of Sebastian Haworth’s YouTube videos shall not be construed as tax, legal, insurance, health & safety, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information.
The opinions expressed in any of Sebastian Haworth’s YouTube videos are solely his opinions and do not reflect the opinions of his employer or any other entities.
This YouTube channel is for entertainment purposes ONLY. IF stocks or companies are mentioned, Sebastian MAY have an ownership interest in them — DO NOT make buying or selling decisions based on Sebastian’s videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with.
source
