Cash App Taxes

Cash App Taxes Reviews

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About Cash App Taxes

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Cash App Taxes, formerly Credit Karma Tax, offers a completely free way for taxpayers to file their state and federal returns. It supports most tax forms for most states and can be completed through the Cash App download on your phone or computer. There are no hidden fees, and free audit support is available with every return. It does not support Montana, New Hampshire and Tennessee state returns.

Pros & Cons

  • No hidden fees
  • Fast refund
  • Maximum refund guarantee
  • Not all states supported
  • Not for minors
  • Not for foreign income or expat taxes

What is Cash App Taxes?

Cash App is a well-known fintech for sending and receiving peer-to-peer (P2P) mobile payments. It acquired Credit Karma Tax in 2020 and renamed it Cash App Taxes. Cash App Taxes offers free state and federal tax filing, but you can only file your state if you also file your federal taxes; it does not support state-only filing.

The program supports most tax forms and situations, but those who have more complicated tax returns might not be able to use Cash App Taxes. For example, Cash App Taxes cannot support multiple state or part-time state filings. It also cannot support state returns for married couples filing separately in community property states, such as Arizona, California, Louisiana, Idaho, New Mexico and Wisconsin.

How does Cash App Taxes work?

With Cash App Taxes, you complete your return through your phone or computer via the company’s downloadable app.

It offers a W-2 importer to quickly fill in your employer information. Additionally, if you have used Cash App in the past, you can quickly import the previous year’s information. You can also import previous years’ returns from TurboTax, H&R Block and TaxAct.

For other details, such as brokerage account statements, you will need to input those manually.

Cash App Taxes services

Unlike other tax software companies, Cash App Taxes offers only one level of tax preparation for all users. Other companies might offer a free service for the basic level of filing and charge for more complicated tax situations, but Cash App Taxes is free for all taxpayers. There are only a select few who will not be able to use Cash App Taxes, such as minors (those under 18), expats and those earning foreign income.

Cash App Taxes pricing

Both federal and state returns are free for all Cash App Taxes users. Additionally, each return comes with free audit support that is offered through a third party. The service is free even if you are taking deductions or credits.

Cash App Taxes FAQ

Does Cash App Taxes have any guarantees?

Yes. It offers an accurate calculation guarantee and max refund guarantee. These guarantees will refund you if your return is inaccurate and you end up owing penalties or if you did not get the maximum refund possible.

Can I get an advanced refund with Cash App Taxes?

At this time, Cash App Taxes does not offer a way for an advanced refund or a refund loan. However, you can get your refund up to six days earlier if you have a Cash App account.

Is Cash App Taxes for self-employed filers?

Yes. You can use Cash App Taxes if you are self-employed or a contractor, as long as you are living in the United States and not earning foreign income.

Can I use Cash App Taxes to file back taxes?

It does not file back taxes. If you do need to file back taxes, it is best to choose a software or company with a tax advisor available so you can minimize the consequences of filing late.

Is Cash App Taxes legit?

Cash App Taxes is a legitimate business that has been available since Cash App acquired Credit Karma Taxes in 2020. It says it has completed over 9 million returns.

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Cash App Taxes Company Information

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Cash App Taxes