Hey guys, Realistic Gaming here. Today, we're gonna do something different since we always do gameplays, you know? Today, I was thinking something between like, hey, let's still try not to laugh, challenge. So, that's what we're gonna do for today. And I'm a bit nervous because I have a feeling I'm gonna be laughing at everything. I'm already laughing for no reason, but hey, let's give it a shot. So, let's begin. What is he doing? Oh. Okay, that does not count. Let's begin now. So, let's continue on with the video. What? No way, they calling some daddy? Let's pick your person. Question mark, question mark. Live pic, please. No live pic of you.  Question mark, question mark, question mark, question mark. That's still me. Send me a picture of you, not me. I'm confused. The pic you just sent me with the laser eyes, that's me. I want to see what you yourself look like. Is this better? And that is pretty much where our conversation ended. I don't know how to make it any better than that. Conversation too. I just got these glasses. And guess who I come across? Wearn them. It's soldier boy. One of the people who despise the most. Hey, that's meth. Oh my God, wow. I'm a swimmy. New Donker, no one's sitting next to me. Be more funny on person. Tiger Woods. Yeah, people get out of his way, man. At least he's polite about it. There's some other people that would just, you know, crash into people. Beep beep. That's why you have a little bell, bro. So people can skadoodle. Oh, wow. Wow, these people were generous. I mean, who wouldn't move out of the way when someone's screaming right behind you, right? To get out. What? No off-topics because I don't want to. No, no, permission denied. That's an off-topic question. Next, you have been stopped. Oh, let's see what's going on here. There's a land park. Why is it chasing them? Play next box. Stop, you're not playing it right now. You can play. I said you're going to wait. His face. Why does it got to be in a case? It's not going to break if you drop it. The guy's having dinner. What? He's trying to... Do you have a job? Absolutely. What's that? I'm a musician. I mean like a real job. How long have you been homeless for? I'm not homeless. Yeah, and I'm Michael Phelps. Let's keep it real. Okay. My favorite food.  I love pasta. Including? No. I also really like Thai food, Indian food, a lot of different kinds of foods. Did you go to college? I think we all like food, man. Which one? And what did you study? I graduated from University of California at Davis. And my major was physical education because I wanted to be a physical therapist. That was my end goal, which I never actually got to. That's personal, man. That's where I was going to get to. We're going to start here. And then add a little flourish here. And then just kind of start adding circles wherever you want. Where is this going? Bring this down a little bit. And then we'll have circle there. Connect these. What? Yo, you're... You're adopted? Wow. My God.  Literally. It's already been one whole minute. Wow. Is that the last donut with red-white blue sprinkles? Uh-oh. Oh. What did I tell you would happen if you ate the last donut with red-white blue sprinkles? A little foggy on it. And here I am without an umbrella. Wow. Hey, Dr. Lupo? Tyler, look, Tyler. Tyler, look at me.  He's going to shoot you out. Say my name. What happened? Ben! What happened? Ben! Say the right name. What's my name? He's trolling me. Ben! That's right. That's right, dude. I've never... This is never... Look at the zone. I can antagonize you all day, brother. That's cruel, man. Why would you do that? Hey, Nidge. Hey, Nidge. Nidge, Nidge, Nidge. Look, look, look. Ready? He dropped a one with cereal. It's full. You going to get it? There you go, man. Are you going to get it? You got to get it. GTA? No, it's not GTA. It is GTA. Tell me what you do. We're going to have chickens. We're going to have cows. We're going to have rabbits. Really, George? Yes, Lenny. Turn around. All right, George. What is going on here? And I'll have an alfalfa patch for the rabbits. And I'll get 10 rabbits. Well, that seems to be the end of the video. You guys see, I didn't do so well. Like I said, I was kind of nervous. So I was kind of laughing at every video there was in here. Even though some were entirely funny, but I just couldn't hold it back. Thank you guys for watching. Thank you guys for the main support, as always. And if you guys want to see more of these, let me know in the comments below. Bye.


The President's remarks upon the arrival of King Faisal of Saudi Arabia from the South Lawn of the White House, June 21, 1966. Your Majesty, Al-Anwa Salan, though the pronunciation of that traditional Arabic greeting may not be fully correct, the warmth of the welcome it conveys is very real and sincere. We have long looked forward to Your Majesty's visit. We are greatly honored and very pleased to have you here today at the White House as our guest. I know that you're no stranger to our country. It first came to the United States in 1943 as the guest then of President Franklin D. Roosevelt at a time when we were deep in a global war to turn back aggression. I am sure that you sensed even in those dark days the dedication of this country and its people to the defense of human rights, to the dignity of the individual, and to the freedom and independence of all countries. Your Majesty, yourself contributed significantly to these principles by your participation in the 1945 San Francisco Conference, which established the United Nations. Among the many links which our two countries have shared that we have worked together in that great international organization and in the cause of peace and progress in the world. Since those stirring days, you have visited our country many times and in various capacities. These visits have, I am sure, given you a deep insight into our problems as well as our efforts to surmount those problems. They have also given us the opportunity to draw upon your wisdom and to learn from you. Your country, under your Majesty's wise rule, has made great strides forward. Roads and public works and health services and new schools and new educational opportunities for the young men and women of Saudi Arabia, all these stand as eloquent testimony to your active development efforts. We have watched these with keen interest and real admiration. We Americans are proud to have played a part in Saudi Arabia's development and from this cooperation the respect and understanding between our two governments and our two peoples have grown. Our relations with Saudi Arabia have been long, close, and cordial. They have been characterized by friendship, frankness, and a mutual consideration for each other's problems. We are living in a world of change, but we, like you, favor change by peaceful methods. Only thus can the God-given talents of all of our citizens be constructively devoted to the arresting challenges which today face mankind. Your Majesty, we are very delighted to have you here again as the distinguished and much-respected and admired leader of a great and friendly country. The American government and the American people for whom I speak extend their hospitality to you. I am confident that you will find it as warm as proverbial Arab hospitality. We look forward, too, to very fruitful exchanges of views these next few days. As the venerable Arabic saying has it, our house is your house. Once again, I extend to you on behalf of all the American people a hearty welcome to our land.


Communication Access Real-Time Translation, also known as CART, is available to deaf and hard of hearing people who seek an alternative to American Sign Language Interpreting or ASL or Reliance on Assisted Listening Devices. CART is an advanced and accurate translation method that uses a human captioner assisted by computer-based captioning technology to transcribe spoken dialogue word for word into written sentences. CART is widely used in a variety of educational, professional, and personal settings. For example, here at the University of Washington, CART is often used to enhance students' ability to learn in a classroom setting and communicate with instructors, mentors, and peers. CART provides real-time word-for-word translation, transcribing each word as it is being spoken. University of Washington, I was part of the first summer academy here. What CART does is it actually types that exact word and leaves up to you whether you know it or not. Like, you can ask the question, what does that mean, or if you do know what that word means, you're understanding what it's saying. If you have verbatim word by word print right there in front of you, you're able to understand more and, like, have a less chance of misinterpreting what they're saying. CART is noted for its accuracy, speed, and wide variety of practical applications. These qualities enable CART users to follow dialogue more efficiently and precisely. CART has been really helpful, like, for example, in a really long classroom, and it can be really noisy, especially when everyone's just talking on afterwards, so CART has really helped me understand my classmates, what they're talking about, and not better. CART providers are able to customize their services to accommodate each user's needs and preferences. Text font size and text color can be modified to fit each CART user's preference. When working in a live setting, providers will try to position themselves so that they can clearly hear a speaker and simultaneously watch the transcription they are producing in order to correct any mistakes. There are different display options to fit different settings. These include personal computer screens, projection screens, television monitors, and mobile devices. If CART is being used in a group setting, a larger display can be very beneficial. In classroom or workplace situations where a user needs to follow and understand complex vocabulary, CART can be very advantageous. In certain settings, such as math and science classrooms, CART's word-for-word translation is a useful resource. CART can be used in a variety of settings and can be flexible according to each user's needs. CART technology allows it to be used in a mobile setting, such as a tour or site visit. This flexibility enables users to engage in real-life situations in which participation might otherwise be challenging. Upon approval, at the end of a CART session, a written log of the transcription can be sent to you and saved for studying or record-keeping purposes. For ASL users, there are different ways to utilize CART in a classroom setting with other hearing individuals or instructors. If an ASL interpreter is not available using CART, an option is to type replies on a laptop computer for the CART provider or your seatmate to voice. CART can also be used in a teleconference setting, allowing a user to join a conference call using a remote CART provider. In this situation, the CART provider and user both remotely join the conference call, and the user receives a live transcription of the teleconference on their internet-enabled computer. There are other speech-to-text services available. Seaprint is a real-time speech-to-text translation service. It uses a meaning-for-meaning translation system. This allows it to summarize a large amount of information very quickly. TypeWELL works in a similar fashion to Seaprint, providing meaning-for-meaning transcription. Both services can be useful depending on the situation, but do not provide word-for-word transcription as CART does. Automatic Speech Recognition, or ASR, uses an electronic device to capture speech and then internally translate it into text. It promises to become an effective independent translation source, but at the present time variables such as noise, pronunciation, pitch, volume, and accents can disrupt the automatic translation process and make the transcript difficult to read. CART and other similar transcription services provide many benefits, including equal communication access and independence, while fostering full participation in a variety of settings. Students, professionals, and others that are deaf or hard of hearing can benefit from diversity and comprehension offered by real-time transcription services. With CART, I'm able to be active and be engaged fully in whatever the subject is.


Income tax 2022-2023. Schedule C impact on tax return, tax software example. Let's do some wealth preservation with some tax preparation. Support accounting instruction by clicking the link below giving you a free month membership to all of the content on our website broken out by category further broken out by course each course then organized in a logical reasonable fashion making it much more easy to find what you need than can be done on a YouTube page we also include added resources such as Excel practice problems PDF files and more like QuickBooks backup files when applicable so once again click the link below for a free month membership to our website and all the content on it. Here we are in our example form 1040 populated using LASERT tax software you don't need tax software to follow along but it's a great tool to run scenarios with you can also get access to the form 1040 and related forms and schedules at the IRS website irs.gov irs.gov we're gonna start at our standard starting point a single filer Mr. Anderson no dependents we're gonna start with the W2 income and then look at the change from W2 income to a schedule C type of income situation then we have the standard deduction at the 12,950 that gets us down to the 87,050 we can mirror this information in a tax worksheet which is often helpful to do because it can give us a better idea of double checking the numbers double check the numbers I triple check my friend and seeing all the different areas that are affected as we rework it in a formula format so we got the hundred thousand we got the 12,950 getting us down to the 87,050 we typically rely on the software to calculate the tax on page 2 14774 we're gonna say there was $15,000 withheld from the W2 income to start out with gets us to the 226 marrying that over here we've got the 14774 we plugged in from the software and then we got the 15,000 withheld gets us to the 226 now what we want to do now is just get a feel for all of the changes that could happen when we have a schedule C sole proprietor shut type of business now note that when you're doing taxes if you're doing your own taxes you want to consider do you want to do your taxes yourself or when does it get complicated to the point where it might be useful to get more advice and if you're doing tax preparation then you might want to think about where do you want to specialize in your tax preparation do you want to specialize for example in lower income tax returns more basic tax returns generally although they are getting more complicated with changes to tax credits and refundable credits in that case you would be doing more tax returns trying to scale up the tax returns that you do and have a lesser profit margin per return or do you want to specialize on higher income tax returns and in that case they're going to be more complex you're not going to be able to do as many of them but you'll have a higher profit margin per return if you're doing more complex returns then the question is what kind of complexity do you want to be taking on do you want to be taking on complexity of taxpayers that have multiple states for example versus one state taxpayers that have foreign income and citizen kind of situations they could have complications to the tax code and another place you could specialize is business do you want to deal with people that have a business type of income such as a schedule C type of income which will add more complexity now if you're thinking about a business type of income then you often are kind of dipping into the world of accounting and bookkeeping as well because in particular many small businesses might need help with adjusting entries at least or possibly with their bookkeeping and invite advice on that realm in that area so you might if that's a specialty that you're in that's usually more on the CPA route of tax preparers but or bookkeeping people that have to bookkeeping and taxes or you can work with bookkeepers that can help you out with that kind of component of it and then of course we can specialize within the industry within a business meaning we might be working in construction business might be our specialties or basically small businesses service businesses businesses that deal with inventory or not and then oftentimes we often also have to specialize in the type of entity that could be structured for taxes meaning do we want to specialize just in schedule C type of businesses or do we also want to specialize in S corporation pass through entities LLC pass through entities partnership pass through entities and and C corporation type of business entities note most of the time the type of business entity will also be linked to some degree to the location and to the industry so different industries may tend towards certain industry structures like an S corporation versus an LLC or the other way around and so you could specialize in that way as well but note that adding any kind of business tax return even just a schedule C which is the most basic of all of them because that means we don't have to file another separate tax return adds a lot of complexity to the software even if we're not even getting into like the bookkeeping side of things and we also have tax planning side side of things that could come up as we add more complex tax return so that's the first thing you want to kind of keep in mind note that if you have an S corporation or an LLC that would be separate entity tax returns that would then flow in to your your 1040 and if you're in that situation you might still be able and you might still say hey look I'm willing to populate the form 1040 but I don't want to get to dive into the weeds on the bookkeeping side of things and you might just say someone else would be specializing in doing the tax return for the for the corporation entity and then you put in the K1 into your system that's another way that you might want to structure it but remember that you want to be able to tell clients no you want to be able to say I'm gonna do what I'm gonna do this is my specialty this is my business plan you either fall within it if you fall outside of it then you've got to be able to say I'm not gonna take on clients that aren't in that category otherwise you're gonna you're gonna deviate from your business plan and you're gonna be doing a lot you could end up doing a lot of work a lot of accountants including myself this has happened to me you end up doing a lot of work that are beyond your the scope because you you let the job creep start in basically without just defining what you want to do and saying no I'm only gonna be picking up clients that are within the range that I'm focused on because that's my business plan type of thing okay so that said let's see what happens let's see what changes here if I just do a basic kind of schedule see just to look at the differences in all the different impacts on the tax return so I'm gonna go to the data input I'm gonna say the W2 is gone let's remove the W2 and say that is gone and then let's just add a schedule see now I'm just gonna add a very basic type of schedule see not getting into the bookkeeping just to see what pulls over on the tax return so I'm gonna just put a miscellaneous here principal business code you would want to make sure that you're setting up the principal business code properly but I'm gonna choose I'm just gonna pick a business code I'm gonna say other support services you might be able to pull that from the prior your tax return if you're picking up a client from another if you're picking up a new client or something like that business name if it's different from the name on the 1040 because it's a sole proprietorship so the actual name might be just the name of the taxpayer for example accounting method cash versus accrual I'm gonna say cash we'll talk about that later if accounting method change inventory are you dealing with inventory I'm not gonna deal with inventory right now that is an added level of complexity and oftentimes could have an impact on whether you choose cash or accrual method is this for the taxpayer spouse or joint note when you're talking about a married couple then there you have to start to think about who is this being applied to this business because you will be paying self-employment tax on it if you have income and that self-employment tax is gonna be applied to the social security number of one of the spouses even though your income tax is kind of a joint return situation so it's important to kind of think through that we'll talk more about that later first schedule see I'll keep that there and then I'm just gonna say income let's say the income is 120,000 and then I'm just gonna put in one expense right now let's just say advertising of 20,000 just to see an element of an income statement clearly getting the income statement from the client is gonna be part of the situation note what I do not have here is a balance sheet we only have an income statement so if I go back on over the schedule see as you can see is just an income statement so we've got the information up top and then we've got 120,000 minus the 20,000 so clearly the schedule see itself can be quite complicated depending on you know how extensive the income statement is and in order to get the income statement you're gonna need some kind of bookkeeping there's no double entry accounting system in the tax software because there's no balance sheet but you may still want to recommend a client use software that implies or implements a double entry accounting system like a quick books or zero or that kind of software because that makes your accounting system more reliable and your income statement more reliable so it also means that we have to double check our number when we do the data input because we don't have as much of a double check with the double entry accounting system we might talk about more of that later but the net income in essence is what then flows through to the rest of the form it would flow through to the schedule one here as we can see schedule one which is additional income and adjustments to income this is the business income or loss schedule see so that makes sense that sums up down below that's pretty straightforward and it pulls into the 1040 so 1040 we no longer have the W2 income up top but rather we've got the other income from schedule one that's all making sense that doesn't seem too much more complicated other than the fact that we have to deal with the income statement the bookkeeping and so on with regards to it if we want to help a client out with that and then we've got but then it gets a little funny down here because we also have to deal with the added taxes so we've got something happening here that wasn't there before and then we've got this qualified business deduction that wasn't there before and then on page two we're not only calculating the taxes but we also have this other taxes including self-employment tax so that's got messy all of a sudden let's first take a look at this self-employment tax so the self- employment tax is over here on schedule se so self-employment you can think of it as like the equivalent for for a self-employed individual as the as the payroll taxes if you were in an employee employer situation so in other words if you were an employee of a of someone else then you would be paying social security and Medicare tax as well as withholding for federal income tax and the employer would also be paying social security and Medicare kind of matching is the kind of concept that they were trying to set up there if you are self-employed then they still want you to pay into the social security system right so how are they gonna make you pay into the social security system if I don't have any employees I'm not giving myself a W to clearly I'm the one doing most of the work if I'm the the owner of the business and I have no employees so the IRS says hey we're gonna take that 100,000 and we're gonna we're gonna force you to pay not only this the federal income tax but also the social security and Medicare tax not only that but we're gonna force you to pay in essence the employee and employer portion of the social security and Medicare tax it's not exactly like that we'll talk more about the calculation later but in essence it's it's it's kind of like twice the tax on the net income so the net income of the Schedule C is kind of treated at as though it's your earnings like W to earnings from the employer and as though you're the employer paying the social security and Medicare so that means it's an added tax now this form 1040 we usually just think about the the income tax because that's the thing we're focused on and oftentimes the W to has the information of the social security and Medicare but it's already been taken care of by the employer unless they went over the cap or something like that so there's nothing we have to do but here we do have to do something because nobody else is taking care of the self-employment tax because we're self-employed so the tax I won't go through the calculation now we'll talk about it later but you could see it's kind of a messy calculation and we get down to the 14129 which is significant obviously which is now going to the 1040 page 2 so not only do we have the tax income tax but now we've got the self-employment tax increasing the total tax significantly alright so not only that but then we've got this above the line deduction here see we've got this 7065 where did that come from let's go to the Schedule 1 page 2 this time there's the 7065 it says it's the deductible part of self-employment tax that came from the Schedule SE let's think about that back to the Schedule SE we calculated we just determined that the 14129 is our portion of like the Social Security and Medicare like payroll taxes as though we were the employee and employer of ourselves on the Schedule C but they're trying to mirror this situation to match what would happen in an actual C corporation in a C corporation what would happen is that the person paying the wages would get to deduct the wages the income the W2 wages and in our situation the W2 wages our income to us because we're kind of paying ourselves because we are the we would be like it would be like similar to us giving our self a W2 of a hundred thousand which would bring the net income to zero right we're just saying that's kind of like our W2 income so half of that tax would be like similar to us paying the the withholdings for Social Security and Medicare but then they they also pay the employee or half of the tax which we had to employ to but they get to deduct the employee or half of the tax when they do that so now they're going to try to fix the sole proprietor to mirror what happens on the business side they want to allow us to deduct the employee or half of the Social Security tax which is similar to the employee or half of the payroll taxes which you would think would happen somewhere on the Schedule C but you can't put it on the Schedule C because if I deducted on the Schedule C that would cause a loop reference because this 100,000 would then be decreased which would recalculate the amount that's going to be the actual tax and so on and so forth so we have to deduct it somewhere else and that's going to be this half that they calculated here is they took half of it 14 129 half of that 50% 7065 pulls in to page or Schedule one page two there's the 7065 which sums up down below and then that pulls into the form 1040 so now we've got the 100,000 minus the 7065 gets us to the 92935 AGI adjusted gross income and then we've got the standard deduction that was there before it's the same because we're still a single file or no change there but then we've got this qualified business income deduction on form so the form here is 8995 so if I go to 8995 qualified business income deduction and this was a rule that came in a little bit a little while ago when they were trying to simplify the tax code but then trying to again it kind of came about that they were trying to make the taxes simplified and lesser for the flow through entities like a Schedule C and the LLC and the corporations and then again just like normal they kind of left out or forgot about the sole proprietors as they did that and then they had to kind of fill in the gap with this kind of plug the qualified business income deduction so this deduction is somewhat of a mess but it's a huge component as you can see so this is being used to pull in to calculate the 1040 and here's the worksheet here the trader business income the 100,000 minus the 7065 gets to that 92935 which is the qualified business income which is then what is used to calculate the deduction so hopefully we'll be able to dive into that a little bit more in a future presentation but I just want to point out to now that that obviously adds a level of another kind of weird level of complexity here and then that's going to give us our taxable income which is at the 63,988 and then page 2 now we've got the tax being calculated and then of course we already saw that we had this self-employment tax that's going to be included now down below with the withholdings the payment side of things we no longer have the W-2 withholdings anymore that means that we can't we can't just fill out a W-4 and then have our employer withhold the withholdings we have to make estimated tax payments and those estimated tax payments are all often another mess especially for new sole proprietors and that's because people when they move from a W-2 employee situation to a sole proprietorship they just they just don't really even think about the taxes oftentimes for one and number two they don't know how much they're earning because if you're a new Schedule C business you can't actually calculate the tax until you actually calculate your income and you don't know what your income is going to be until the end of the year typically now you might say hey look I can just say as I go I might have in the first quarter I might have earned 20,000 and so why don't I just take the 20,000 times the tax rate I'll say you know 15% or something and then I can calculate my tax as we go well that would work if it was a flat tax but it's a progressive tax so I can't take I can't take like 20,000 of earnings and then try to know what tax rate I have to I have to project out what I'm going to earn on the entire year to see what the actual tax rate should be my my actual tax rate that I'm going to use to calculate my estimated tax payments down here in a progressive tax system so that messes people up and it also messes people up that that they have to account for the Social Security and Medicare the payroll taxes not just the federal income taxes because those are again our taxes that they don't even really see ever because they're pulled out of their wages and you don't even see them on the form 1040 they're totally just it's just phantom money it was lost when they're a W-2 employee before they even got their paycheck and they're not even really checking it or on the on the 1040 so if you're a sole proprietorship you have to take that into consideration so a lot of people get behind even though they're a profitable business because they don't do their estimated their estimated payments and then they they have a completely they get behind of their taxes which kind of messes them up from there so these are the withholdings let's go ahead and say put some estimated payments in so I'm just gonna just put a random estimated payment payment of let's say five thousand paid and let's bring it up to like 15,000 we also could have rollovers from the prior period we'll dive into that later but you know the general idea is that we'd have the estimated payments that are gonna roll in as well so we can see a lot of different you know components that that are happening now on top of that you also could have other planning components which are gonna be related to business tax returns so inevitably if someone has a schedule see business if they starts to do well at some point they're gonna ask or they're gonna talk to someone that talks about whether or not they should they should start an LLC a pass-through entity a flow-through entity or an S corporation and you'll get into a bunch of topics about that and people that are lawyers or people that are tax professionals that specialize in the creation of S corporations and LLCs are gonna be quite persuasive to say that they should go this way I'm not saying that you shouldn't do an LLC or S corporation I'm just saying that that you know there's incentives involved there with the people that that make money from setting up those kinds of entities so then the question so then you're gonna have those kind of questions that could come up and there's also questions with regards to other kinds of deductions that might be applicable when you have your own business such as the the if I go to page two of the deductions here you might be able to deduct an IRA because you don't have access to a 401k plan anymore right so you might be able to deduct like like an an IRA deduction but it's limited so then in order to be able to deduct more you could think about other kind of retirement plans a 401k is usually too complicated for a small business so possibly a self-employed SEP plan may allow a business to put more money into it and do some more planning give you a little bit more time to put the money in or simple or other qualified plan you also could have health insurance issues that's tied to the sole proprietorship and whether or not you can deduct self-employed health insurance so all these other kind of weird you know things kind of come up with the sole proprietorship so it does open up another can of worms and if you're a if you're a business doing tax preparation you want to kind of parse out which one of those things you're you're willing to deal with and where you might say okay this is beyond me I'm gonna recommend someone else in these areas which will cause clients to complain bitterly maybe but you've got to do what's you know what's what you got to do in order to keep your business plan a business plan yes and going so you've got to tell clients no sometimes let's put this into the our tax software over here and we'll say let's say that we have a schedule C business and let's I'm gonna put the income statement in now we might talk about another worksheet that you might use to like calculate your your your schedule C income statement and then and then maybe any kind of tax versus business deductions later but I'll just put a basic income statement in here there's the hundred thousand that's pulling into my income now instead of from a W to from schedule C just to mirror what's happening on the tax return and then I'm gonna have the self-employment tax which I'm gonna say is other taxes now I could get into more detail calculating the tax we much dive into that later but for now I'm gonna let the software do it I'm gonna say okay software calculate the tax it's at 14129 so 14129 14214129 14129 that then is pulling over to the first page again so it's included in the other taxes now which is other taxes here and then I could see that on my form 1040 page to other taxes pulling in here and then we got half of that which is deductible on line 10 or schedule 1 page 2 right here I'm gonna mirror that over here so I should have an above the line deduction which is up here which is gonna be an adjustment to income I'm gonna do a little formula for that I'm gonna say this is gonna be not alimony where what did I have it this is gonna be half of self-employment equals the self-employment tax one other taxes that 14129 divided by 2 there's the 765 765 I'm gonna pull that into the first page there it is so now my AGI is at 92 936 and so that pulls over here just to mirror that 92 936 and then the standard deduction 12,950 is the same I don't have any itemized right now so I'm gonna take the standard and then the qualified business income deduction now we could do another worksheet just to double check this this is one of course you want to dive into and kind of look into a bit to make sure but I'm gonna let the salt word calculate it for now just to represent it huge amount here 15997 so I'm gonna say 15997 that gets us to 63989 so 63988 so I'm off by a dollar six that's fine and then I'm gonna say page two does the calculation 9692 I'll let the software do that 9692 so I'm gonna plug that here 9692 letting the software do that calculation because it's calculating based on the taxable income using the progressive tax tables so it's not just a flat rate this is the average rate which is calculating this divided by this to get the average and then we've got the other taxes which was the 14129 that means total taxes Social Security Medicare which is the which is the payroll equivalent self-employment taxes plus the income tax gets to the 23821 23821 and then we said there were estimated payments of 15,000 so I'm gonna say here's my estimated payments but that's a W2 payment so I'll just move the W2 down to the estimated payments let's do I need another area down down here I'll say insert and and man let's do this I'm gonna format paint this up here and I'm gonna say this is estimated tax payments my voice cracked payment okay payments and I'll just say this was 15,000 you might have like four estimates you might want like enough room for like four or five lines I'll make this black and white I know I'm doing this fast but I'm just trying to we're running long on the time let's do a spell check either because your spell is horrible your spell is horrible it's ridiculous I spelled it right what are you talking about let's insert this is gonna be total estimated tax payments summon it up on the outside summon it up and then we'll put that brings it over to the first page so there's our payments gets us to the 8821 and so over here we're on 8954 there's a 133 penalty so I'm gonna say 133 let's put that the penalty 8954 8954 so I know I did this worksheet quite quickly we built this worksheet in another section when we were looking at individual income taxes so if you haven't seen it built it might look a little bit overwhelming but the idea is here that we can do a double input into a system like this double checking our numbers and also kind of seeing where things go a little wrong and we can we can dive into them a little bit more so hopefully it helps us to kind of double check things and solve data input errors or find data input errors as well as look at those areas where we should get a little bit more understanding of what's happening but the general idea we want to look at now is that there's a lot going on just with us just with adding a schedule C versus a W2 and so we want to know where those different components are and then as we look at the some more this information going forward we'll try to zoom in to specific areas but whenever we do so you got to realize that any change I make to the schedule C is gonna have a change to everything else right because now the if I change the number on the schedule C that's gonna have a change to the self-employment which is gonna have a change to the schedule one which on the income side as well as page 2 on the half that's gonna be deductible and that's gonna change so all this stuff is gonna change every time I make a make a change anywhere right right so all they're all connected and it gets kind of complex especially if the schedule C is is also conjoined with a bunch of other stuff that's going on with with the tax return so we'll dive into more specific components in future presentations


Welcome back, we have been discussing mean energies and follow up of mean energies, we started discussing heat capacities. Basically, we discuss the applications of mean energies in further discussing heat capacities, because we connected heat capacity at constant volume with the temperature derivative of mean energy. Mean energy which we discussed a couple of lectures before is given by minus 1 by q m del q by del beta at constant volume, where this m mode it represents translational rotational vibrational electronic. And then we discussed in details how to connect heat capacity at constant volume with temperature derivative of mean energies. And we concluded that for a gas at room temperature, the translational contribution to constant volume heat capacity is 3 by 2 r. And then we discussed rotational contribution for a linear rotor is equal to r. And for a non-linear rotor it is 3 by 2 r. For each normal mode of vibration, the contribution is r provided all the modes are fully active.  And just to revisit that nu r star is equal to 2 when the rotor is linear and it is equal to 3 when the rotor is non-linear. And nu v star is equal to 1 for each normal mode of vibration. This equation gives a very good estimate of constant volume heat capacity as long as the temperature is much above its relevant or related characteristic rotational temperature or vibrational temperature. And if the temperature difference is very huge, for example, if the vibrational mode is not active that means, if the experimental temperature is much lower than the characteristic vibrational temperature, then you can even put nu v star equal to 0. After that we discussed this plot that initially 3 by 2 r contribution is there. And for a linear rotor as the temperature increases, the full r contribution is added. So, 3 by 2 plus 1 is 5 by 2 r and then you further increase the temperature. And when the temperature is much higher than the characteristic vibrational temperature, another r will add up. So, you have 7 by 2 r, further increase in temperature leads to dissociation of the molecule. And after dissociation, a diatomic molecule will form 2 atoms and each atom will have translational degree of freedom which is 3 by 2 r. So, 3 by 2 into 2 is equal to 3 r. This I have shown for a very simple diatomic molecule. Now, suppose if you are given an exercise to make a similar plot for a linear diatomic molecule or a non-linear triatomic molecule, you should be able to make similar plots. You have to take into account whether the molecule is linear or the molecule is nonlinear because the rotational contribution will be decided by that. And then after the dissociation again you have to explain your answer with justification. Now, let us discuss an application. Estimate the molar constant volume heat capacity of water vapor at 100 degree centigrade. Vibrational wave numbers are given which is some example, but this vibrational wave numbers you can see here. I have included that in table. Now, once the vibrational wave numbers are there, as I will discuss with you, you can calculate the vibrational temperature. Rotational constants are also given 27.9, 14.5 and 9.3 centimeter inverse. Now, if you carefully look at the problem statement, it says estimate it does not say calculate, it just an estimation that means an approximate number for constant volume heat capacity. And if I go back, you can use this expression to estimate.   So, this is the constant volume heat capacity per mole. Now, first of all we need to now judge what will be the values for nu r star and what will be the values for nu v star. Let us talk about first vibration because generally we say that the vibrational energy levels are far separated. So, their contribution may be very less. First of all first step is to calculate the characteristic vibrational temperature. How do you calculate characteristic vibrational temperature? Use h c nu bar is equal to k theta v. We are interested in finding out the value of theta v. From the knowledge of Planck's constant speed of light, wave number and Boltzmann constant. Now, you can look at this table. The wave numbers first one 3656.7, second one 1594.8 and third one 3755.8. This is water. Water is a non-linear molecule. So, therefore, normal modes of vibration is 3n minus 6 which is 3 into 3 and is 3 9 minus 6 is equal to 3. And these 3 normal modes of vibration take place at 3656.7, 1594.8 and 3755.8. Now, by using this expression we can calculate 3 vibrational temperature. The characteristic vibrational temperatures by using this method turn out to be 5300, 2300 and 5400 Kelvin. These are roundabout figures. So, you see 5300 correspond to 3656.7. 5400 correspond to 3755.8. The higher the value of wave number, the higher is the vibrational temperature. But if you look at the lowest wave number 1594.8 is the lowest wave number. Corresponding to that the vibrational characteristic vibrational temperature is 2300 Kelvin and the experimental temperature is 373 Kelvin 100 degree centigrade. 2300 is much much higher than 373 Kelvin. So, I can write that the temperature which is 373 Kelvin is much much less than the vibrational temperature even for the normal mode which is the lowest in wave number. So, automatically then the wave numbers which are higher that those are ruled out. So, that means, vibrations are not excited at 373 Kelvin simply because the temperature which is 373 Kelvin is much much lower than that characteristic vibrational temperature. So, we do not need to worry about the vibrational contribution to constant molar volume heat capacity. Now that means, I can write nu v star I will put to be 0 because the vibrational are not active. Now we also have rotational constants given water non-linear molecule it can it is a triatomic molecule it can undergo rotational motion. And use h c b is equal to k theta r that means, this rotational temperature theta r is h c b upon k b is h cross by 4 pi c i these all we have discussed earlier. And now if you look at the rotational constants given 27.9 14.5 9.3 what I will do is I will first calculate the rotational temperature for highest rotational constant. Because if the characteristic rotational temperature corresponding to highest rotational constants is much lower than the experimental temperature then the other two rotational constants are automatically covered. So, the strategy here should be first you calculate corresponding to 27.9 when you calculate corresponding to 27.9 the rotational temperature comes to 40 k. So, that means, if I put 40 k experimental temperature is 373 k of course, this is much higher that means, T is much higher than theta r this is corresponding to the highest rotational constant. That means, rotations are fully active all three rotational constants will give a characteristic rotational temperature which is much lower than the experimental temperature that means, all these rotational modes are fully excited. So, that means, what value should I put mu r star it is a non-linear molecule I will put a value of 3. We are using this expression C V m is equal to 1 by 2 3 plus nu r star plus 2 nu V star into r. As we just discussed vibrations are not active at that temperature right the vibrational contribution will be 0 nu V star is equal to 0 nu r star we just discussed all three rotations or rotational motions around three axis is fully active. Therefore, this value nu r star will be equal to 3. So, therefore, what we have this will be C V m will be equal to 1 by 2 3 plus 3 r which is equal to 3 r r is gas constant. So, r is 8.3145 joules per Kelvin per mole once you put that number you are going to get a value close to 25 joules per Kelvin per mole. Translational contribution 3 by 2 r rotational contribution 3 by 2 r. So, 12.5 plus 12.5 is 25 joules per Kelvin per mole this is predicted. The experimental value is 26.1 joule per Kelvin per mole. So, there is a difference if you compare there is a difference of about 1.1 joule per Kelvin per mole which is not very large, but we should be able to assign some reason to this discrepancy. The discrepancy is probably due to deviations from perfect gas behavior. What we are considering here water molecule like a perfect gas water vapors, but water vapors are not actually like an ideal gas. So, therefore, this deviation from ideality could be one reason for this discrepancy in the theoretical as well as the experimental value. So, what is important here? It is important to know what value we should put for nu r star and what value we should put for nu v star and for that what we need to do is to know characteristic rotational temperature and characteristic vibrational temperature. So, that we can decide whether to put nu r star equal to 3 or 0 or 2 or and nu v star equal to 1 or 0 that is by the comparison of experimental temperature and characteristic temperature of that mode of motion. But remember that this expression can only be used to estimate the molar constant volume heat capacity. It is not an actual calculation it is simply an approximation it is simply an estimation of the value. Now, let us discuss a relevant numerical problem. So, that we can understand these derivations more importantly and more clearly consider a system with energy levels E j is equal to j times E and there are n molecules question part one question part a is show that if mean energy per molecule is a e then the temperature is given by this beta is equal to 1 over e log 1 plus 1 by a. Let us go step by step first we will solve this part what is given to us is that the energy levels are given by E j is equal to j times E and if the mean energy per molecule is a e then the temperature should be given by this expression of beta fine. Let us try to solve this first and other parts we will come to them later. So, what is given to us is E what is given to us is E j is equal to j times E that means q will be equal to summation j exponential minus beta E j which is equal to summation j exponential minus beta is equal to summation j exponential minus beta j times E because E j is equal to j E this is equal to when start putting now j from 0 onwards 0 1 2 3 4. So, 1 plus exponential minus beta E plus exponential minus 2 beta E. Plus exponential minus 3 beta E and so on which I can simplify to q is equal to 1 plus exponential minus beta E plus exponential minus beta E square plus. So, 1 this reminds you of uniform ladder of energy levels you remember harmonic oscillator when we discussed this is like a uniform ladder of energy level.  This is the expression for the molecular partition function, but what is our problem statement we have to show that this beta is given by 1 by E into log 1 plus 1 by A provided the mean energy per molecule is A times E. So, let us write down an expression for mean energy mean energy per molecule will be equal to U minus U 0 by E. This is mean energy and U minus U 0 is equal to minus n by q del q del beta at constant volume this is mean energy this is a U minus U 0 and there is 1 by n factor here already there. So, what we have is minus 1 by q del q del beta at constant volume. So, mean energy per molecule is equal to minus 1 by q minus 1 minus exponential minus beta E this is minus 1 by q I am using this into derivative of this q with respect to beta. This will be minus 1 over 1 minus exponential minus beta E square into minus exponential minus beta E into minus E ok. This and this can cancel and there are 4 negatives which become positive. So, you have E exponential minus beta E over 1 minus exponential minus beta E. Let us carry it forward mean energy per molecule what we are getting is equal to E times exponential minus beta E over 1 minus exponential minus beta E. This is what we just got this one. Now, let us further try to solve this mean energy will be equal to E times exponential I can write this as exponent E divided by exponential beta E minus 1 I multiply and divide the numerator and denominator by exponential beta E. So, I have come up now with this expression for mean energy. Let us go back to the problem statement now. Now, we are told that treat mean energy to be equal to A times E mean energy per molecule treat it equal to A times E. Let us do that I will write this to be equal to A times E. So, what I have now E and E cancel and I have exponential beta E minus 1 is equal to 1 over A. So, exponential beta E is equal to 1 plus 1 by A that means, beta E is equal to log 1 plus 1 by A. In other words now I have beta is equal to 1 by E log 1 plus 1 by A. We were asked to show this beta is equal to 1 by E log 1 plus 1 by A and that is what we have shown beta is equal to 1 by E into log 1 plus 1 by A. And this beta is equal to 1 by k T that means, the temperature whether you express in terms of T or you express in terms of beta we should be able to get this from the knowledge of the value of E which is the energy separation and the number A. So, therefore, as you might have noted that we started with the definition of partition function. Since we were given a scheme that E j is equal to j times E we use that and we found that the overall expression for the partition function was coming to be equal to sum of a GP. So, by using that we got an expression for partition function and by using that partition function we put that expression into expression for mean energy that is by using internal energy and then by mathematical manipulations we were able to get this expression for temperature. There are still some more parts of the question that is evaluate the temperature for a system in which the mean energy is E by taking E equal to 50 centimeter inverse. The second calculate the molecular partition function q for the system when the mean energy is A E and third issue that the entropy of the system is S over n k is equal to 1 plus A log 1 plus A minus A log A and evaluate this expression for mean energy E. So, there are 3 4 parts still remaining for this question, but if you look at what is requested what is asked is expression for molecular partition function we already got that. The second one is entropy that means, then you have to now think how to connect entropy with molecular partition function that is where our previous knowledge will be used when you connect entropy with the canonical partition function or molecular partition function, but we will be discussing all these in details in the next lecture. Thank you very much.


Welcome to the CRC, Ciclic Redundancy Check. In this learning activity, you'll be introduced to what the CRC is, the technology behind it, and how it's performed. CRC, or Ciclic Redundancy Check, is an error-detecting code. It finds changes in data as it travels from one computer to another by adding a code to the end of the data string. The sending computer creates the code and the receiving computer checks it. If the codes check out, the data is accurate. If the codes don't check out, the data is corrupt. In networking, CRC codes check for errors. When used correctly, they're capable of detecting over 99% of data errors. They're also simple to implement as they introduce virtually no latency and require no outside processing. CRC, the technology behind it. CRC works at the data link layer by protocols such as Ethernet. It's a basic error check and it's easy to implement in hardware with shift feedback registers. As the message leaves the network card, it travels through the specially designed feedback register. What remains in the register as the message leaves is the CRC. The register attaches this to the tail end of the message. Both the message and its code travel through the same circuitry as they arrive at the destination. If no errors occurred during transmission, the check produces all zeros. Using simple registers to check for errors is an easy way to ensure there's no added latency. CRC, how it's performed. Think of the data leaving along a conveyor belt with XOR logic gates between some pairs of stations. CRC calculates the code word using a specifically designed generator polynomial and the values use XOR logic so they generate either zero or a one. We want to send the message 101-0011. Because our conveyor belt can only hold five numbers, we need to add five zeros to the end of our message. These are placeholders for the final code. As each new number enters our dated conveyor belt, it pushes the other numbers down the line until one falls off the end. The register records its value as it falls off the line. The last five numbers in the conveyor belt generate the CRC and the register attaches it to the data string. The registers start with all zeros. In our example, each space is color coded. As our message enters our conveyor belt, we XOR each pair of numbers and enter the corresponding one or zero. As the number falls off the end, we XOR its value to the incoming number. Let's see this in action starting with the last bit at the end as it goes into the feedback for the XOR operation. The feedback zero and the orange-brown zero are XORed together, resulting in a zero in the last bit. The green zero simply shifts to the left because there is no feedback here. The blue zero is XORed with the feedback zero, which results in a zero in the left box. The dark purple one shifts to the left. Finally, the feedback zero is XORed with the incoming zero, which results in a zero in the last bit. We continue this process of shuffling our message down the register conveyor belt until we reach the end. The last five numbers are 11101. We add this to our original message, 1010011, to make a complete message of<PHONE_NUMBER>01. The receiving computer runs the complete message through its feedback register. If the check produces all zeros, the data is accurate. Today you are introduced to what the CRC is, the technology behind it, and how it's performed. You learned it's an easy way to detect errors in code. You've completed the CRC, cyclic redundancy check.


How many times have you sent someone a message?  Luckily, with Clips and ClickUp, you can send a quick video to your teammates without skipping a beat. Check this out. Open up a conversation, click the video icon, and start recording your thoughts. Oh, I've got thoughts. When you're done, your clip is automatically attached to your comment for easy one-click sharing. Using Clips has completely changed the way I communicate with my team. Check it out now, and thank me later.


Good morning everyone. Welcome. This is Melissa Arma with a stock swish review and Apple just amazing Option call that I did waiting for the confirmation before I called this and right now today Apple could make new highs today It's possible. That would be the dream target over 183 50 up to 184 185 It's getting close. I think if it hits over 182 that really actually could happen But the strike on the call that I called was 180 and this just was a great trade So more than 100% return on investment if you did this option call and actually you could have day traded this today So this actually did a brand new gap today So the original gap call was on this day here the earnings Gapped up this morning ran up huge. This is a bigger day today than it's had in earnings And I really felt and I said this actually back on the earnings I think I even said it on TV. Well over 180 Apple was good Really 180 is where I originally wanted it to go in the earnings, but it took it took three days So now that this is over 180 It's flying flying like the wind and it is the only thing that's actually supporting the market right now today The only thing at all. I don't think Apple can support the market all day though I could be wrong, but as of now this morning in the first 45 minutes it has and This looks great. I mean, it's this hard to believe this won't make new highs in the next week It clearly looks like it's going to so there's a great call for the people that held the people that did it and These are the days that you want when you get something with momentum you play it I teach people how to find spot pick and play gaps that have momentum going up or down and I prefer to short But a lot of the options calls that I have called actually our longs and this was one of them This was this is a really nice call. Look at this here. It is going to go to 182 So congratulations to everyone that did it you can sign up for the options letter separate if you want the annual letter Subscription is two thousand nine hundred ninety nine dollars a steel. I mean you could have made that in just this trade So it's for a one-year subscription to get the trades emailed to you have a great day Everyone have a great weekend email me if you want to sign up for the options letter at Melissa the stocks wish com