Jarrod Rogers CPA, 3 July 2020 No... you definitely can't. ...claim your coffee machine, that…
In this YouTube video I’ll explain how much tax benefit you get from your tax deductions. You don’t get $100 back for every $100 of deductions – it’s actually only a percentage.
Watch the video to learn:
– why being reimbursed by your employer for work expenses is probably 3 times better than claiming it on your tax
– how to know if something is tax deductible or not
– how part of your school fees might be considered a donation that you can claim on tax
– the difference between marginal tax rates and effective marginal tax rates.
I hope you enjoy the video.