Standard Deduction Explained: Maximize Your Tax Savings for 2024 & 2025 скачать в хорошем качестве

Standard Deduction Explained: Maximize Your Tax Savings for 2024 & 2025

What is the standard deduction? Learn how the standard deduction can make your taxes simpler while saving you money in 2024 and 2025. We cover the basics, benefits, and choices to help you decide if the standard deduction is right for you. Understanding the standard deduction can help you simplify your taxes and save money in 2024 and 2025. This video covers everything from the standard deduction amounts for different filing statuses to extra deductions for those 65 or older and how inflation impacts deduction amounts each year. You’ll learn the key differences between taking the standard deduction versus itemizing and how to choose the option that best lowers your taxable income. Whether you're new to tax filing or want to maximize your tax savings, this guide breaks down how the standard deduction works to make tax season easier. SUBSCRIBE TO OUR YOUTUBE CHANNEL: 🔔https://www.youtube.com/c/moneyinstru... ALSO WATCH IRS NEW Tax Brackets for 2025: Key Tax Updates You Need to Know    • IRS NEW Tax Brackets for 2025: Key Tax Upd...   Increasing Your Social Security Benefits by Eliminating Taxes | SSA, SSI, SSDI, VA    • Increasing Your Social Security Benefits b...   Tax Refund Check Missing? It Might Be Stolen – How to Protect Yourself    • Tax Refund Check Missing? It Might Be Stol...   What is a Tax Credit? Simple Beginners Guide for Maximizing Your Refund and Reducing Your Tax Bill    • What is a Tax Credit? Simple Beginners Gui...   Assets vs Liabilities: Understanding Your Financial Health | Simple Beginners Guide    • Assets vs Liabilities: Understanding Your ...   What is Net Worth? How to Calculate it Easily | Simple Beginners Guide    • What is Net Worth? How to Calculate it Eas...   Personal Finance Basics: Beginners Guide | Money Instructor    • Personal Finance Basics: Beginners Guide |...   Debt Avalanche Method: Beginner’s Guide to Save Money and Get Debt-Free Faster    • Debt Avalanche Method: Beginner’s Guide to...   What are Income and Expenses? A Beginner's Guide to Understanding Money Management    • What are Income and Expenses? A Beginner's...   50/30/20 Rule | Budgeting & Saving    • 50/30/20 Rule | Budgeting & Saving | Money...   How to Make a Budget    • How to Make a Budget | Money Instructor   What is an Economy? Simple Beginner's Guide    • What is an Economy? Simple Beginner's Guid...   Inflation Explained: How to Protect your Money | Simple Beginners Guide    • Inflation Explained: How to Protect your M...   Credit Cards vs. Debit Cards: Which is Right for You?    • Credit Cards vs. Debit Cards: Which is Rig...   Federal Tax Credits and Deductions Explained: A Beginner's Overview    • Federal Tax Credits and Deductions Explain...   What To Do With Your Money When Interest Rates Drop | Smart Investment Tips    • What To Do With Your Money When Interest R...   Why $1 Trillion in Interest Payments Matter to You: U.S. Debt Crisis    • Why $1 Trillion in Interest Payments Matte...   How the Job Market Slowdown, Unemployment, and Rate Cuts Impact You    • How the Job Market Slowdown, Unemployment,...   How Does the Fed's Interest Rate Decision Affect Your Wallet, Social Security, and Savings?    • How Does the Fed's Interest Rate Decision ...   Visit us at MoneyInstructor.com ➡️https://www.moneyinstructor.com/ WEBSITE: https://www.moneyinstructor.com X TWITTER:   / moneyinstructor   FACEBOOK:   / moneyinstructor   Money Instructor has been a leading resource in financial education for over two decades, empowering educators, financial advisors, students, parents, and individuals with essential topics in financial literacy. Our extensive coverage spans personal finance, money management, saving money, budgeting, investing, business fundamentals, taxes and taxation, Social Security, retirement planning, tax credits and refunds, economic stimulus checks and payments, as well as debt management—including credit card debt and interest rates. Additionally, we explore monetary policy, inflation, housing market trends, government legislation, political news, stock market dynamics, economic trends, improving credit scores, career development, housing and rent issues, and strategies for wealth building. By providing educational resources and tools, we help ensure you are well-informed and updated with the latest news and developments in these areas. ------------------------------------------------------------------------------ #StandardDeduction #TaxTips #TaxSavings #financialeducation #financialliteracy #MoneyInstructor Information is for educational and informational purposes only and is not be interpreted as tax, financial, investing, or accounting advice. This does not represent a recommendation to buy, sell, or hold any security. Please consult your professional advisor.