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Video instructions and help with filling out and completing When Form 2220 Exemption

Instructions and Help about When Form 2220 Exemption

What's going on guys, it's David and today is March 4th. We are once again doing some retail arbitrage for Toys R Us. - March is significant as far as the promo goes for the 10% off on Thursdays. However, today is Friday, so the 10% off doesn't apply. - We've been going every Thursday just to get that deal, but today we're planning to open up a MasterCard or something similar which offers 80% off for the rest of the day. - Hopefully, this offer will last for the entire day like the original Toys R Us credit card that gave us 50% off. - Additionally, we're signing the resale certificate to get a 7% tax exemption. - Hopefully, we can find some good deals today as well. - We just finished shopping and spent $423. Unfortunately, we couldn't get the 15% off because our upgrade got denied. We'll have to call the bank to approve it in order to get the 15% off. - On the bright side, we did manage to get the 7% tax exemption which balanced out the missed discount. - Today's shopping trip wiped out the stock of one particular item, amounting to around $400. Hopefully, we can resolve the upgrade issue before our next shopping trip. Even without the 15% off, we'll still be gaining around 50% or 40% depending on what we find, on top of our gift cards and redemption points. - The Toys R Us manager mentioned that upgrading for a 15% off is not possible, which makes me question whether or not we should continue going to Toys R Us. - Regardless, we'll explore our options and possibly visit other stores. - Adding to our benefits, we're accumulating points on our card with every purchase, leading to cash redemption points. - At the next Toys R Us, we spent $511 and...