DiscoverThe Wealth PrinciplesPitch #61 - Damn!? Is it really that time of year again!?
Pitch #61 - Damn!? Is it really that time of year again!?

Pitch #61 - Damn!? Is it really that time of year again!?

Update: 2022-02-07
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Ah what a time of the year it is, new year's just past, Valentine's Day is quickly approaching and oh yeah, tax season is officially underway, Welcome to a new episode of the Danso Pitch Podcast. In today's episode our weekly hosts Charles and Daniel discuss the yearly season 'Uncle Sam' never ceases to forget to remind us of when to celebrate and that is filing our annual returns in a timely manner. In this episode Charles and Daniel break down key documents and their purpose's for filing as an individual as detailed below:

What is capital gains tax? (2:48 )

  • Long Term Capital Gains/Short Term Capital gains (what's the difference)

Form 1040, U.S Individual Tax Return

Form 1040 E-Z Form (19:20 )

  • This allows you to itemize deductions as well as claim numerous expenses & tax credits

Schedule A (27:29 )

  • Itemized deductions

1099 -INT, Interest Income (35:17 )

Part II

Form W-4 (39:56 )

Form W-2 (47:20 )

  • Wage & Tax Form

Tax Form to File for Sports Betting (58:28 )

  • FanDuel, BetMGM, Ceasers

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Pitch #61 - Damn!? Is it really that time of year again!?

Pitch #61 - Damn!? Is it really that time of year again!?