In this week's episode of FinCap Friday: Tax Tips for Teenagers, Yanely shares what's new with taxes in 2023. From the standard deduction to new rules for e-commerce sites and payment platforms, there's a lot to keep track of! Find out what the major changes are and help your students keep up with this short conversation and then complete the FinCap Friday episode tomorrow!

For more details on this topic, including how to determine if a teen even needs to file taxes in 2023, check out this article from Yahoo Finance. 

About the Author

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!