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Yeah. TubroTax is around $40 to file. CreditKarma offers their own version which is free. The controversy is that the IRS bound its own hands in saying it could
by lykr0n 7y ago
Yeah. TubroTax is around $40 to file. CreditKarma offers their own version which is free. The controversy is that the IRS bound its own hands in saying it couldn't make its own filing software.
I see no problems with private companies charging a Fee to provide a better service.
- everybodyknows 7y agoThe Credit Karma blurb is here: https://www.creditkarma.com/tax https://www.creditkarma.com/tax But -- the hard bits are state-specific support, and the supplementals K-1, 6250, et al. Anyone have first-hand experience with CreditKarma tax filing? There's also TaxAct -- anyone tried it? https://www.taxact.com/ https://www.taxact.com/
- klipt 7y agoI used TaxAct in the past but they're now almost as expensive as TurboTax. I now use https://www.freetaxusa.com https://www.freetaxusa.com - a little less hand holding than TurboTax, but if you know what you're doing it handles almost every situation and is, as advertised, free.
- repsilat 7y ago> Anyone have first-hand experience with CreditKarma tax filing? I've used it for the last 3 years in California. Quite simple, free, supports backdoor Roths. Tax returns were quickly accepted and paid out into my bank account. Dunno about more complex use-cases (I don't own a home or a business, and I work in one state year-round), but definitely worth a look.
- q845712 7y agoI've used credit karma for the last 2 or 3 years - it's very easy if your taxes are simple (e.g. a job change mid-year, a spouse, itemized deductible, all very easy). It was even ok when my taxes included some weird forms last year because a previous employer was sold and my options were worth a few k - had to figure out where to enter things, but i paid roughly the amount of taxes i expected to so i assumed i filled out karma credit's app correctly. Overall i think CreditKarma is fine if you don't mind that you're sharing data with a company that would love to middleman you into signing up for a new credit card or something. I find their emails pretty easy to ignore and it's felt like a fair trade thus far, though I may look into the IRS offerings this spring and see what else is available. edit: in California.