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Video instructions and help with filling out and completing Fill Form 4797 Tutorials

Instructions and Help about Fill Form 4797 Tutorials

Hello and thank you for watching another one of the right weight training videos the purpose of this video is to cover the form 21:06 last year when we were reviewing the the most commonly used form data this form appeared quite frequently so we thought it would be helpful to review the form what it's used for where it's located in the software and how to fill it out one of the things that we found that was pretty helpful and maybe helpful to you as well if you're not familiar with the form is this graph it's basically a flow chart that takes you down as to whether or not you should actually fill out the form very easy to navigate you can go ahead and pause the video at this point and read through it if you're not familiar with the form the thing I think most interesting to note is the last little note down here do not file form 2106 if none of your expenses are deductible because of the 2% limit on miscellaneous and it's cut off down here but it says itemize deductions so if your miscellaneous itemized deductions don't exceed 2% of your AGI you might as well not file the form so if you you made $50,000 and you had a hundred and fifty dollars you know laptop and parking fees and whatever else that you were not reimbursed for from your employer then it's not going to do you much benefit you can fill out the form charge for the form but it's it's really not going to get your tax payer any benefit so just wanted to point that out real quick we're going to exit this and jump right back into actually how to fill out the form...

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