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Looking for completely free tax filing? This year, Cash App Taxes (formerly Credit Karma Tax) is the only service offering free federal and state filing to all users.
While the newly rebranded platform has undergone some changes, it continues to provide high-quality options for most filers. In our review, we break down everything you need to know about Cash App Taxes.
If you want to see how Cash App Taxes compares to other DIY tax prep options, check out our top tax software picks for 2022.
- Filing is always free, regardless of tax situation
- Audit support is included
- No option to work with tax pros
Video Review and Walkthrough
Check out the video below and see how to login, as well as how it looks once you get started:
Cash App Taxes – Is It Really Free?
Yes, Cash App Taxes is 100% free and doesn’t have any paid tiers. A few people (those who worked in multiple states or who earned foreign income) may not qualify to use Cash App Taxes, but most all others will. Users get free access to the software in exchange for downloading the Cash App and creating a Cash App account.
What’s New In 2022?
Cash App Taxes purchased Credit Karma Tax and rebranded the platform this year. While the product is still free to use, we noticed a company web site few disappointing downgrades. In 2022, the Cash App Taxes no longer supports W-2 imports.
In 2022, we named Cash App Taxes Best Free Tax Software, Best For Side Hustlers, and Best Value Tax Software. You can find the full rankings of the Best Tax Software here.
Filers will need to manually enter all information from their forms. We were also surprised to see that the product didn’t pick up on errors like over-contributions to self-employed 401(k) plans. This error may have been picked up at the end of the software, but this is typically flagged earlier.
However, Cash App made some nice improvements to the tax filing flow. It requires users to answer a quick questionnaire to make the tax filing situation more personalized. The various income and expense factors are added to the screen to make tax filing more efficient.
Does Cash App Taxes Make Tax Filing Easy In 2022?
Cash App Taxes makes tax filing relatively easy for most users. It doesn’t support imports, but it has decent calculators and a good user interface. However, active traders (crypto or stocks) will have to manually enter each trade (which is a pain).