Karlton Dennis
@karltondennis·1.1M subscribers·2.1K videos
Top 5 Tax Write-Offs For W-2 Employees (2020)
Posted
November 13, 2020
Views
52,171
Likes
1,578
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77
Engagement
3.17%
November 13, 2020
52,171
1,578
77
3.17%
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I work a lot with business owners and so many times I get asked how W-2 employees can leverage their taxes and save money, here's how...
As a W-2 employee, whether you are filing single or joint you ALWAYS get to take the standard deduction, but you can also do itemized deductions,
These include:
Medical and Dental Expenses
State and Local Tax INCLUDING Property Tax
Mortgage Interest
Any gifts that you give to charity or a qualified organization
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*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
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