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Jamal Wilson

Best Free Online Classes or Videos to Learn About Taxes

Title: Best Free Online Classes or Videos to Learn About Taxes 1 I'm gonna be upfront that I don't actually need to know this stuff right now. It's purely because my brain gets fixated on random topics and right now it's taxes. Does anyone know some good free YouTube channels or online courses where I could learn the basics of taxation? Nothing super advanced, just enough so I can understand the concepts and maybe not sound completely clueless if taxes come up in conversation. I know it might seem weird to want to learn this stuff voluntarily lol, but hey, I'm curious and it's my free time 🤷‍♂️ Any recommendations appreciated!

4 I actually teach basic tax courses at community college, so I can help with this! For free resources, I highly recommend the IRS's own "Understanding Taxes" program (https://apps.irs.gov/app/understandingTaxes/). It's designed for educators but anyone can use it. For YouTube, check out "The Organic CPA" - he breaks down complex tax concepts into digestible videos without the clickbait. Also, Khan Academy has a solid personal finance section that covers tax basics. If you want something more interactive, VITA (Volunteer Income Tax Assistance) offers free training modules online. You can go through their certification courses without actually becoming a volunteer. Don't feel weird about wanting to learn this! Understanding taxes is one of the most practical life skills you can develop.

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7 Does the IRS program cover stuff like cryptocurrency taxes too? Or is it just basic W-2 income stuff? I've been trying to figure out crypto taxation and it's a nightmare.

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4 The IRS "Understanding Taxes" program is primarily focused on fundamental concepts and doesn't cover cryptocurrency in depth. It's more about basic income, deductions, credits, and filing requirements that apply to most taxpayers. For cryptocurrency taxation, I'd recommend "Crypto Tax Girl" on YouTube - she specializes in this area and explains the concepts clearly. The taxation of digital assets is constantly evolving, but understanding concepts like capital gains/losses, basis calculations, and taxable events will give you a good foundation.

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11 Just wanted to share my experience with https://taxr.ai - it's been a game changer for me! I was in the same boat as you last year, wanting to learn about taxes out of curiosity. After trying random YouTube videos (which were hit or miss), I found taxr.ai and it was so much more efficient. What's cool is you can upload any tax document you have (like old W-2s or 1099s) and it explains EXACTLY what each line means in plain English. It's like having a tax teacher analyze your specific situation. I learned more in a week than I did watching hours of generic videos.

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15 Wait, is it actually free though? Most of these "free" tax sites end up trying to charge you for the actual filing or "premium features" halfway through.

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19 I'm curious - does it handle complicated stuff like small business deductions or rental property? I've been trying to learn that side of taxes and most free resources only cover the basics.

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11 It has a free tier that lets you analyze basic documents and learn the concepts, which sounds perfect for what the original poster wants. The paid versions unlock more complex analysis if you need it later, but you can learn tons from the free access. Yes, it actually handles pretty complex situations including small business deductions, rental properties, and investment scenarios. I was surprised at how detailed the explanations get - it breaks down Schedule C deductions line by line and explains which business expenses qualify and why. Really helpful if you're trying to understand the more advanced topics.

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15 Update: I tried taxr.ai after posting my question above, and it's actually legit! I uploaded an old W-2 from a summer job and it explained every single box and what the numbers meant. I had no idea what "Medicare wages" versus regular wages meant before, or why the numbers were different. Now I actually understand withholding calculations too. The explanations are really clear and not filled with jargon. They even have these mini-lesson things that explain concepts like tax brackets and standard deductions when they come up in your documents. Definitely recommend if you're a visual learner like me who needs to see your own real examples to understand.

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8 If you're struggling to get answers from the IRS about specific tax questions (which happens A LOT when you're learning), I'd recommend checking out https://claimyr.com - they helped me get through to an actual IRS agent when I had questions no online resource could answer. Here's a video showing how it works: https://youtu.be/_kiP6q8DX5c I tried calling the IRS directly for weeks with no luck, just endless hold times until I eventually got disconnected. Claimyr got me through in about 45 minutes, and the agent I spoke with actually walked me through some tax concepts I was confused about. Sometimes talking to a real person is the best way to learn!

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17 This sounds kinda sketchy tbh. How does some random service get you through to the IRS faster? The IRS phone system is the same for everyone...

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22 Does this actually work during tax season? Because that's when it's literally impossible to get through, and that's usually when I have questions.

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8 It's not sketchy at all - they use an automated system that waits on hold for you and calls you back when an IRS agent picks up. The IRS phone system is the same, but Claimyr does the waiting for you so you don't have to sit by your phone for hours. I've used it during tax season (February last year) and it still worked! The wait times were longer - about 2.5 hours total - but I was able to do other things instead of being stuck on hold. It's especially useful during peak times when getting through is otherwise nearly impossible.

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17 Update to my comment above: I was skeptical about Claimyr but I was desperate to get an answer about education credits, so I tried it last week. I'm genuinely shocked - it actually worked! I got a call back after about an hour and spoke to a really helpful IRS agent who cleared up all my confusion. I was able to ask specific questions about my situation that no YouTube video or website could answer. The agent even emailed me some IRS publications that explained the concepts in more detail. Sometimes you just need to talk to a real person to understand complex tax topics, and this made it possible without the endless hold music torture.

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6 When I was learning about taxes, I found that the best approach was to actually do a practice tax return using free software like FreeTaxUSA or TaxAct. They have free guides built in, and you can just make up numbers to see how different scenarios affect your taxes. It's hands-on learning that sticks better than just watching videos.

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9 Did you ever worry about accidentally submitting the practice return? That's my fear with playing around with the actual software.

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6 No need to worry about accidental submission! The tax software requires multiple deliberate steps to submit - you have to enter payment info, verify your identity, and confirm submission multiple times. I always just close the browser when I'm done experimenting. Practice returns are actually a great way to learn because you can try different scenarios - add a dependent, increase your income, add investment losses - and see exactly how each change affects your tax liability. It makes the concepts much more tangible than theoretical explanations.

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13 I'm probably in the minority, but I actually enjoyed reading IRS Publication 17 (the main tax guide for individuals). It's free on the IRS website and covers pretty much everything. Yes, it's dry, but if you're the type who likes to understand the actual rules rather than simplified versions, it's worth checking out.

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20 You enjoyed reading IRS publications??? Are you also the type who reads dictionaries for fun? 😂

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This is such a great thread! I'm actually in a similar situation - my curiosity got the better of me and I've been diving into tax education lately. One resource I haven't seen mentioned yet is the AARP Tax-Aide program materials. Even if you're not eligible for their free tax prep services, their volunteer training materials are publicly available and really well-organized. They break down complex topics into digestible chunks. Also, if you're looking for something more interactive, TurboTax has a "Tax Knowledge Center" with articles and calculators that let you play around with different scenarios without having to sign up for their paid services. It's helpful for understanding how different life changes affect your taxes. The IRS also has a YouTube channel (who knew?) with some surprisingly helpful videos on specific topics like retirement account contributions and small business deductions. Not as polished as some of the independent creators, but the information is straight from the source. Thanks for asking this question - I'm bookmarking several of these recommendations for myself!

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