IRS Releases New 2025 Tax Brackets + Tax Sunsets

Рет қаралды 282,548

Күн бұрын

Пікірлер: 35

@Emily-le2op Ай бұрын

Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.

@joewalsh9685 2 ай бұрын

Increases in the tax brackets and standard deductions are not inherently good or bad. They merely keep your taxes the same if your income increases at the same rate as inflation.

@ManishSabu-c7n Ай бұрын

2:13 - There is a typo in both the starting and ending amounts of 12% bracket. They should be $23,851 and $96,950 respectively.

@DeeMonkey999 Ай бұрын

Thank you, this was interesting.

@gloriamsrandolph1935 Ай бұрын

Thankyou for the update on TAX❤

@StreamlineFinancial Ай бұрын

You are so welcome

@MargaretDKnapp 2 ай бұрын

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

@densnow4816 2 ай бұрын

TCJA may be extended, expired, or amended. In other words, completely unknowable.

@barbarabrooks4747 Ай бұрын

The CPI is completely inaccurate and needs to be set up by region and include more variables.

@psdaengr911 2 ай бұрын

The deductions for those over 65 is different from that of those below.

@darylfortney8081 2 ай бұрын

Capital gains?

@Ephemeral2023 Ай бұрын

And the standard deduction for seniors..........

@dougmanck4149 2 ай бұрын

Hmmm. What do you think we can do to avoid the expiration of that tax act

@2cartalkers Ай бұрын

The very best benefit is to move out of the USA.

@Bwanar1 2 ай бұрын

Anyone that believe cost of living only went up by 2.5% or less...please raise your hand! The government should have to show what they used as their guideline and where the outcome came from.

@savagecub Ай бұрын

What about my tax credits for solar ?

@spectator123-u6f Ай бұрын

I am fine with standard deduction going back to what it was. It allows us to fund our Donor Advised Fund and get a higher deduction.

@SK-xw4gu 2 ай бұрын

Hi Dave: Nice video. There is a typo in the 2025 chart for married couple filing jointly. For the 22% bracket, you have the starting gross income as $96.951. It should be $95,951 if the previous number is correct.

@ld5714 2 ай бұрын

Thanks for the update and discussion Dave. Larry, Central Valley, Ca.

@ele4853 2 ай бұрын

“Inflation is cooling” what a joke! 😂😂😂

@dwights1464 2 ай бұрын

How about changes to the Affordable Care Act subsidy credits? Before TCJA, the income limitation was a cliff. Will it go back to that, at the same level, if the law reverts back to the pre-TCJA rules?

@rogered5499 Ай бұрын

Inflation up 2-1/2%!! What a lie

@gbinman Ай бұрын

Isn't the step up in basis being removed?

@Gator777 Ай бұрын

We have progressive tax rates. That means the more you make the more they take.

@lisaschreiber2893 2 ай бұрын

❤ so you’re saying everyone but the mega rich will see our taxes go down. thank you lord.

@canyonoverlook9937 Ай бұрын

I assume there will be a new tax law passed next year for 2026.

@Despolos-ie2qs Ай бұрын

I’m 58 hoping to end the rat race by 60 with above $1M. I know money is a liability to be exchanged for assets with real value like real estate (properties for rent) stocks (dividends) bonds (interest) But, what is it with bitcoin? I hear a lot about it and I'd love to diversify.