Tax Filing Basics for Young Adults
About this video
Check out this video I made with revid.ai
Try the Add Caption to Video
Create your own version in minutes
Video Transcript
Full text from the video
Need to file and you don't know where to start? Here at TaxLite, we got you.
We aim to help teens and young adults either filing for the first time or are unfamiliar with
filing to gain a greater understanding of what taxes really are. First,
you should check if you need to file. Most US citizens or permanent residents of the US need to
file a tax return. Generally speaking, you need to file if your income is over filing requirement,
shown by this graph, if you have over $400 total earnings from self-employment, so,
like, your side jobs or independent work in general, or there are other
situations that could also require you to file. But even still after all of these,
240,909+ Short Videos
Created By Over 14,258+ Creators
Whether you're sharing personal experiences, teaching moments, or entertainment - we help you tell stories that go viral.