![]() ![]() We know filing your tax return might be challenging. Related: File A Tax Return This Year, Even If You Usually Don’t Do ItĮase of use, cost, technical assistance and customer service are four broad areas to look at when choosing the best platform for you. Finally, you can opt to file electronically or choose to file a paper tax return. You can choose to enter your banking details to pay taxes or receive a direct deposit to your bank account. ![]() ![]() In some cases, you may need to enter your information directly onto a tax form, and you may need more tax knowledge to ensure you enter the information correctly.Īfter going through the tax software’s navigation tools, you will know whether you owe taxes or can expect a refund. You also enter deductions you may be entitled to, such as mortgage or student loan interest, business expenses or contributions to a health savings account.ĭepending on the tax software you choose, you may be asked a series of questions much like what you’d be asked if you were to hire a tax professional. Typically, you enter your income from tax documents, such as your W-2, 1099 K or 1099-INT. While tax software may differ depending on the software provider, you can expect most tax software to work in similar fashion. While tax software can range in price, if you have a simple tax return-maybe with only one W-2 and few deductions-in many cases you can file for free. Also, most tax software products allow you to upload your prior year’s tax return so you don’t have to manually reenter key details such as your name, Social Security number and dependents’ information. Tax software helps you save time because it provides navigation tools to easily enter your tax information. Depending on the tax software you choose, you can find features such as direct import of tax forms, tax deduction locators, expert tax help and customer service support. Tax software is a digital product that allows you to file both your federal and state tax returns with guided help. Who Should Use It?Ĭash App Taxes software works best if you have a simple tax return (with a W-2 and a couple of common deductions, such as student loan interest) and are seeking online tax software that is completely free and won’t hit you with surprise fees. So it’s a great free choice for simple tax returns, but we don’t recommend it for people with more complicated taxes unless they feel confident filing their own returns. And Cash App provides limited support services: There’s only email support for users, and no option if you would like to speak with someone. Most of the big players provide a free version for simple returns but charge for self-employed tax returns.īut even though it’s free, you need to download the app to use the program. If your tax situation is simple-say you have one W-2 and few deductions- Cash App Taxes is the best tax software to meet your needs.Ĭash App Taxes is unique in the tax software landscape because it offers completely free tax filing, no matter how complicated your return. ![]()
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