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Topic
Wine Down Wednesday | Topic: How to Read, and Understand, Your Tax Return!
Date & Time

Selected Sessions:

Feb 26, 2025 06:30 PM

Description
Tune in to this informative one-hour virtual event to learn: How to Read, and Understand, Your Tax Return! Hosted by Alec Quaid, CFP ® and Wealth Manager at PCA! This is sure to be a well-attended event! - Understand the structure: Your tax return (Form 1040) is like a tree trunk, with other forms branching out from it - Understand deductions: Learn the difference between standard and itemized deductions and how they affect your taxable income - Identify income sources: The Form 1040 reflects various income sources, including W-2 wages, 1099 contractor income, business income, and investment income - Examine Schedules and Worksheets: These provide detailed information on how specific numbers on your 1040 were calculated - Recognize tax-efficient strategies: Understanding your return can help identify opportunities for tax-efficient investing and wealth accumulation - Review capital gains: Schedule D shows any carry-forward losses that can be used to offset gains in future years Investment advice offered through Private Advisor Group, a registered investment advisor.