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Video instructions and help with filling out and completing Turbotax form 1065
Music hello everyone I hope you guys are doing well have New Year's if you celebrate the Lunar New Year today I'm going to go through importing taxes I know I went through it before but I'll show you what it actually looks like under TurboTax if you use Robin Hood and you want to import your transaction so before we start I'm gonna do a quick review remember in my last video I talked about TurboTax and Robin Hood Robin Hood suggests that we use TurboTax because it's compatible with Robin Hood and you can sync your information in in my previous video I talked about the different versions on TurboTax there's the free you version so if you work for just a corporation if you work for let's say Walmart Target Toyota AT&T you just get a w-2 and you don't own a home you don't want to write things off and just get the federal free edition you can file it online it's quick it's a you don't have to be an accountant it takes about 1530 minutes the first time and after that it only takes it for you I've seen people then we'll do within 10 minutes or or less so very simple now if you have a deduction we're talking about donations we're talking about itemizing your deductions if you bought a car you bought a very expensive car you bought a lot of expensive things you want to write off its interest expenses on your student loans then get the deluxe now Robin Hood suggests that we get and well they require to get the premier or higher you do need the premier if you have investment which is stocks or dividends of you sell stocks or dividends it's considered investments get the premier or the self-employed if you have a business with income and expenses personal or self-employed I got the self-employed won in the last video and everything right here see so this is the home and business self-employed this is the one I got now after you've bought it this is what look like install it entering your personal information name date of birth address all of that information phone number email address that's gonna be your personal information next it's gonna be you don't know you won't have to SAP the business samples because I bought the home in business up here then it's gonna be personal and for Robin Hood what we want to do to grab notes contry teach you what we want to do is go into personal income do walk me through everything so it will ask you questions make it really intuitive it's like someone's talking to you directly but since I've done half a mind already I would just go choose then o show all of the options and then I can choose so from here you can see there's import summary there's our wages and salaries like I said before if.