r/personalfinance Wiki Contributor Jan 31 '15

Reminder: Khan Academy still has basic explanations on taxes in the U.S. This should help you with understanding tax brackets, deductions, and other related information. Taxes

Basically a repost from last year, but I felt the need to remind people that this resource exists. There are some simple explanations of tax law in the U.S. over at Khan Academy. Here are a couple links:

And since retirement accounts tie into deductions:

Let me know if there's anything related I should add to this list. Happy filing!

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u/[deleted] Jan 31 '15 edited Aug 15 '15

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u/FlavorfulCondomints Feb 01 '15

What school were you at? I definitely learned how to think and took tests/quizzes/etc. in a public US high school that were not "fill in the blank" or all multiple choice.

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u/[deleted] Feb 01 '15 edited Aug 15 '15

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u/FlavorfulCondomints Feb 01 '15

Yeah, I took both regular and AP. Still did critical thinking stuff in both levels, but I understand that the dynamic is different in a larger Texas school.