2022 TAXES: Understanding The Tax Forms You Need To File

[@AyaanaQumar]

This is very helpful! Thanks!

[@danielmelgoza2093]

I have a question. I just opened a wealthfront cash account i will receive a 1099 form so can i just print out the form or forms and have my tax person take it from there?

[@rajthapa-yq3qc]

can i file my tax from 2022 this is july 2024

[@barbarafreitas239]

Wow! Amazing video, Thank You! ❤

[@wealthfrontvideos]

Thank you!

[@jimhansel1503]

Hello I have a question on tax prep. I lived and worked in one state for half the year then moved to another state that does not have state income tax. I still have a home in the first state that is on the market. My question is how do I file my taxes this year?

[@wealthfrontvideos]

Hi, I'd absolutely recommend you confirm with a licensed tax professional but here's some good info from a TurboTax FAQ (turbotax.intuit.com/tax-tips/state-taxes/multiple-states-where-to-file/L0y8SIqJ3)

[@huytruong2026]

For form 1099-B, how do I know if it's loss or gain if I bought a stock at various prices but only sold some of them? Thanks!

[@wealthfrontvideos]

Hi you’re brokerage should provide details on which securities were sold and the corresponding gain/loss on those. There should be a line item on the 1099-B for this

[@huytruong2026]

@@wealthfrontvideos I figured out that they might use one of the following methods: LIFO, FIFO, or HIFO. Is this correct?

[@sharnale]

Please talk slower, and please don't drop your vooice at the end of each sentence. I'm OLD. I'm hearing challenged.

[@liddomonkey6445]

Go to settings (top right). Adjust playback speed. Slow him down :)

[@dCoosh]

"props to you boomer." ... take my 'like' :)

[@wealthfrontvideos]

😆

[@saulgoodman2018]

I hate the tax man.

[@wealthfrontvideos]

👀