How Form 8655 Deductions 2024

Hey, what's up family? It's your favorite uncle cousin, Tyrone Gregory, and today I am going to be talking about something that has really been grinding my gears. Something that has me in my feelings, and that is the misleading information surrounding the idea that by having a home-based business, you'll be able to get refunds every single month, be able to write off these extra things on your taxes, or even be able to save hundreds of thousands of dollars on your taxes. See, this came to my attention via this email, and we can see here that one of our family members, Chris, sent me an email because they had seen a video on YouTube telling them that they can get a refund each month. Now, you can see here, this message being up front and transparent. You can see my reply and I stated that in my opinion, there is no way to get an actual tax refund every month. I suggested that maybe they were talking about adjusting the W-4, thereby having more take-home pay on the paycheck, and maybe that extra income each month they referred to as a tax refund. But even still, it was very misleading. So, I told Chris, "Look, send me the video. Let me see it for myself. Maybe I can help translate and figure out what exactly is it they're trying to say." And Chris did so, sent me a video, and I watched it. And I immediately became upset because that video was extremely misleading. So, I thought to myself, "Well, I wonder how many other videos are talking about the same thing." So, I did my research, saw a few other videos, and started - they were giving the same misleading information. And then I saw it on my...