IRS Tax Brackets Are Increasing - Find Out How Much You'll Pay In 2024
In this video, I dive into the newly released 2024 tax brackets, comparing them with 2023's to show you exactly how much you'll save. Using a custom-built calculator, I demonstrate the differences in taxes at various income levels, debunking myths about the impact of inflation-adjusted tax brackets. I'll also guide you through the essentials of tax credits and deductions, including real examples like the child tax credit and 401K contributions. Plus, I introduce the IRS Form W4 online estimator, a powerful tool to help you identify potential tax savings. Whether you're planning for retirement, running a small business, or just seeking ways to optimize your taxes, this video is packed with valuable insights to aid your financial journey.
0:00 Intro
0:39 2024 Tax Brackets
1:45 2023 Vs 2024 Tax Brackets
2:33 Tax Brackets Illustrated
3:33 Tax Bracket Chart for ALL income levels
4:00 Tax Credits and Tax Deductions Explained
5:35 List of Tax Credits and Tax Deductions
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TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
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Watch video IRS Tax Brackets Are Increasing - Find Out How Much You'll Pay In 2024 online without registration, duration hours minute second in high quality. This video was added by user Travis Sickle 11 December 2023, don't forget to share it with your friends and acquaintances, it has been viewed on our site 21,679 once and liked it 280 people.