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whatamp;#39;s going on guys welcome back to taxes made simple on todayamp;#39;s video i will be discussing top five write-offs for w-2 employees number one if youamp;#39;re a w-2 employee chances are you are probably working for someone and earning a paycheck either bi-weekly or every single week every time that you receive this paycheck youamp;#39;re having taxes being taken out of every single paycheck you receive but when you file your tax returns youamp;#39;re given certain deductions by being an employee and one of the biggest deductions that youamp;#39;re given is the standard deduction the standard deduction in 2020 is 12 400 if youamp;#39;re a single filer and itamp;#39;s 24 800 if youamp;#39;re married filing joint so just by filing your tax return and qualifying to be a taxpayer you can receive a 12 400 deduction and if youamp;#39;re married youamp;#39;re gonna get double that four thousand eight hundred dollars directly reducing your tax liability number t