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2024 Tax Changes You Need to Know! In this comprehensive guide, we break down all the important updates to your 2024 tax return. From increased child tax credits to new Venmo reporting thresholds, we cover everything you need to know to file confidently this year. Learn about: Updated child tax credit with $1,700 refundable portion New $5,000 threshold for 1099-K reporting through Venmo, PayPal, and Cash App Free tax filing options for those making under $84,000 Increased standard deductions for all filing statuses Special deductions for those 65 and older IRS Direct File program expansion to 26 states Extended deadlines for natural disaster victims Updated tax brackets adjusted for inflation 💰 Don't overpay on your taxes! Whether you're a single filer, head of household, or married filing jointly, these changes will impact your 2024 tax return. Stay informed and make sure you're taking advantage of every deduction and credit available to you. 🎯 Need more tax and financial advice? We're here to help! Subscribe to our channel Jazz Wealth Managers helps individuals and families achieve financial security through retirement planning and investing strategies. Our videos offer actionable guidance on navigating Roth IRA's, 401ks, IRAs, Social Security, and more. Whether you're approaching retirement or just getting started, learn how to make informed financial decisions for a prosperous future. Subscribe for more! #retirement #retirementplanning #dohstr8 --Ready to subscribe-- https://www.youtube.com/jazzwealth?su... For more information visit: https://www.jazzwealth.com/ --- Instagram @jazzWealth --- Facebook / jazzwealth --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com