What are Tax Credits? CPA Explains How Tax Credits Work (With Examples)

LYFE Accounting 29 views

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@abrahamjimenez2543
Very well explained👍🏼
Comment from : @abrahamjimenez2543


@dilmawijenayake
Thank you! this was helpful :)<333
Comment from : @dilmawijenayake


@PRINCEOOCHIEPRODUCTIONS
Make another video with updated credits for 2024
Comment from : @PRINCEOOCHIEPRODUCTIONS


@ebayseller6040
do I get the earned income tax credit or that is only to pay for health insurance bought from marketplace?
Comment from : @ebayseller6040


@lyricshub6686
👏🏾 good teacher
Comment from : @lyricshub6686


@jonathanserrata4845
YouTube is really better than School I've spent half my life in School and never once have they spoke about Tax benefits, as well as other stuff like Law, Nursing or Computer Science I follow YouTubers for each of those categories because the information on those channels are invaluable
Comment from : @jonathanserrata4845


@juliov6166
You look like chris Tucker 😂
Comment from : @juliov6166


@chelciebrown3129
I’ve had a mistake on a answer on my wotc tax credit questionnaire how can I fix it I also didn’t put my apartment number
Comment from : @chelciebrown3129


@karlomagnoguadalupe4843
very good explanation, thank you for answering my question today :/
Comment from : @karlomagnoguadalupe4843


@MichaelSeto-e3v
You just got a new subscriber Thanks for explaining things clearly
Comment from : @MichaelSeto-e3v


@keithcharles8214
Very well taught and explained
Comment from : @keithcharles8214


@Spanishwithlevi
What if it’s a 7500 credit but you only owe 3500 for a given year? What happens to the remaining non-refundable credit, does it carry over to the next year?? :-)
Comment from : @Spanishwithlevi


@chrissymcintyre8337
I like your videos! Very well done!
Comment from : @chrissymcintyre8337


@joseguadarrama255
USED EV Tax Credit
Comment from : @joseguadarrama255


@ITB108
What if you have taxes credits and zero loss or zero income how do one receive a refund ?
Comment from : @ITB108


@Native722
What if you don't owe any taxes, and receive a $8000 federal tax credit? Would I receive a refund of $8000? I'm confused
Comment from : @Native722


@MarlonBrando414
If an investor gives 200k towards a film for example and gets a tax credit of 30, what does that mean?
Comment from : @MarlonBrando414


@derrickbosler9704
I only made 2800 last year but i had 1832 in credits i was like what
Comment from : @derrickbosler9704


@juanquezada2296
Great video Thank you
Comment from : @juanquezada2296


@bictoriouslifts7537
What if your tax credit is higher than what is due?
Comment from : @bictoriouslifts7537


@FinancialFreedomMadeSimple
Thanks for the info,
Comment from : @FinancialFreedomMadeSimple


@re2699
As always, thank you for your contributions
Comment from : @re2699


@re2699
Great day, LYFE Accounting family! No dad joke today? Lol
Comment from : @re2699

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