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GREENLevel 2

1From Income to After-Tax Reality: The First Interaction Between Pieces 2Gross Income vs. Net Income: Where Deductions Happen 3Marginal vs. Effective Tax Rate: A Critical Distinction 4Tax Brackets Explained: Why Earning More Doesn't Mean Losing More 5Filing Status: How It Changes Your Tax Picture 6Deductions vs. Credits: Two Different Tools 7Standard Deduction vs. Itemizing: Which Applies to You 8Above-the-Line vs. Below-the-Line Deductions 9W-2 Employees: How Withholding Works 10Self-Employment Tax: The Hidden Extra Cost of 1099 Income 11FICA Taxes: Social Security and Medicare Explained 12Quarterly Estimated Taxes: Who Must Pay and Why 13Tax Withholding vs. Estimated Payments Compared 14How a Side Hustle Changes Your Tax Picture 15Budgeting Basics: The 50/30/20 Framework and Its Limits 16Emergency Funds: Sizing and Purpose 17Good Debt vs. Bad Debt: An Introduction (Preview of Level 3)18Debt Snowball vs. Debt Avalanche: Comparing Payoff Strategies 19Credit Scores: What Actually Moves the Number 20Credit Utilization and Its Outsized Impact 21How Taxes Interact With Real Estate (GREEN Meets RED)22How Taxes Interact With Business Ownership (GREEN Meets BLUE)23How Taxes Interact With Investing (GREEN Meets WHITE and GOLD)24Payroll Taxes for the Business Owner: The Employer Side 25Tax-Advantaged Retirement Accounts Revisited: A GREEN Perspective 26Health Savings Accounts: Triple Tax Advantage Explained 27Flexible Spending Accounts vs. HSAs: A Comparison 28Dependents and Tax Credits: Child Tax Credit and Others 29Education Tax Benefits: Credits and Deductions Compared 30State Taxes vs. Federal Taxes: Why Both Matter 31States With No Income Tax: What That Actually Means 32Sales Tax vs. Income Tax vs. Property Tax: Three Different Systems 33Tax Refunds: What They Actually Mean (And Why Bigger Isn't Better)34Tax Withholding Adjustments: Using Form W-4 Strategically 35Audits: What Triggers Them and What They Actually Involve 36Recordkeeping: What to Keep and for How Long 37Amending a Tax Return: When and Why 38Tax Software vs. a Tax Professional: When to Use Each 39Tax Planning vs. Tax Preparation: A Critical Distinction 40Charitable Giving and Taxes: Deduction Basics 41Capital Gains Taxes Revisited: A GREEN Perspective on WHITE-L2-031 42Estate and Inheritance Taxes: A Brief Overview 43Tax Implications of Life Events: Marriage, Divorce, and Death 44Gig Economy and Multi-State Income: A Modern Complication 45Tax Fraud vs. Tax Avoidance vs. Tax Evasion: Critical Distinctions 46Building a Personal Tax Calendar 47Common Tax Mistakes and Why They Happen 48Working With a Tax Professional: What They Actually Do 49Building a Personal Tax and Budgeting Decision Framework 50Looking Ahead: Tax Strategy and Integrated Planning (Bridge to Level 3)

Curriculum/Taxes/Level 2/Common Tax Mistakes and Why They Happen

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GREEN-L2-047 — Common Tax Mistakes and Why They Happen | Edunancial | Edunancial