What is a Schedule? Capital Gains, Self-Employment Tax and Itemized Deductions

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Today, I’m sharing some tax basics and diving into tax schedules including what tax schedules are and why they exist. I’m also diving into capital gains, itemized deductions and self employment tax. 

Join me in this informative episode to learn more about how tax schedules work, how they relate to you and how you can use this information during tax season to make your life easier. 

Also mentioned in today’s episode: 

  • The basic structure of a tax return 3:57

  • What are schedules and why do they exist 7:14

  • Itemized deductions 10:17

  • Capital gains 19:30

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Links:

Free visual deductions guide

Capital gains rate chart

Medical Deductions episode: https://pod.link/1640538610/episode/d579b85892ff41b9683a97ccc1dfc60b

Itemizing vs Business Deductions: Ending the Confusion: https://pod.link/1640538610/episode/22ba8efc03cd973d2684f4bc6f424e9d

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