Income Taxes: The Basics
Details
Learn about fundamental tax concepts, including the purpose and types of taxes.
We will cover key elements such as the W-4 form, FICA taxes and the differences between federal and state taxes. We will also cover how income is reported to the IRS, the importance of filing status and the benefits of claiming dependents. Other topics include tax deductions and credits, filing requirements and the responsibilities of self-employed individuals. Information on free tax preparation services and the role of Low Income Taxpayer Clinics (LITCs) in assisting low-income taxpayers will also be provided.
This will be an online event, using the Zoom platform. Reservations required: https://sfpl-org.zoom.us/webinar/register/WN_yOohXdfeTvqBbHibsOVraA#/registration
AI summary
By Meetup
Online tax basics for beginners: W-4, FICA, filing status, dependents, deductions/credits, and reporting income. Outcome: know your filing requirements.
AI summary
By Meetup
Online tax basics for beginners: W-4, FICA, filing status, dependents, deductions/credits, and reporting income. Outcome: know your filing requirements.