Credit Karma Offering 100% Free Tax Filing 4

Credit Karma Offering 100% Free Tax Filing

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A few years ago Credit Karma launched a free credit monitoring service to help you get your finances on track. They didn’t have any hidden fees, just good advice and a good service with some advertising designed to help you meet your financial goals.  It’s a great business model because the customer benefits from using their services, so they aren’t just trying to find a way to get money out of you. Now, they’re taking that business model and helping consumers file their taxes online – for FREE.  The plan is the same. Offer a service that benefits you and you will become a loyal user of their free services.  Use them to improve your credit scores and, based on those scores, they may suggest the best home loans or credit cards to help you achieve your goals.  I’m just trying to convey that their business model is solid and their services have no strings attached.

What do each of the companies offer?

Credit Karma’s service is great, but there are definitely some perks with some of the paid services. 

Current Offer: Click Here
Save $30
TurboTax by Intuit is the most well known online tax preparation service. They’re good at what they do.  Here are some of the highlights.
  • Easy to use
  • Return reviewed by a CPA (Certified Public Accountant)
  • Best refund guarantee
Current Offer: Click Here
Save $20
H&R Block is a respected tax preparation service that is mostly known for their brick and mortar offices. Here are some of the highlights.
  • Superior support
  • On-demand chat with a tax expert
  • Best refund guarantee
Current Offer: Click Here
50% OFF w/ Discount Code: SLAYIT50
Tax Slayer has been around for a while as a solid option for online tax preparation software. Here are some of the highlights.
  • $0 out of pocket – Option to deduct their fee from your refund
  • Inexpensive
  • Best refund guarantee
Current Offer: Click Here
File for FREE
Credit Karma is a trusted brand in personal finance now offering online tax preparation software. Here are some of the highlights.
  • 100% Free – no surprises
  • 24/7 chat support
  • Max refund guarantee

Students
Take advantage of tax breaks like student loan interest and education credits.
$0$0$0$40
All income types
Includes all supported forms and schedules to report all income types.
$0$17$79.99$90
Homeowners (Schedule A)
If you own your home, deduct expenses like property taxes and mortgage interest.
$0$17$29.99$40
Investors (Schedule D)
Report rental property income, stocks, bonds, and other investment income.
$0$17$49.99$70
Self-employed (1099 & Schedule C)
Access all self-employed forms, tax breaks, resources, and expert support.
$0$47$79.99$90
States additional
File a state return quickly by pulling your federal info in automatically.
$0$29$36.99$40
 LEARN MORELEARN MORELEARN MORELEARN MORE
Comparison pricing and features of other online tax products were obtained directly from the TurboTax®, TaxAct®, and H & R Block® websites on February 3, 2020. Filing with all forms, including self-employed. Cost of filing state with complex federal return.

Deciding Between Free and Not-Free

Tough decision, right? All of the above services are good at filing your taxes and showing you all of the appropriate deductions. Taxes really aren’t very complicated to the tax accountants that design these services, however, so it’s unlikely that any of the above services will yield a better result than the other. It all comes down to personal preference. Credit Karma’s new tax filing service is smooth sailing and is definitely worth a shot.  Try it here.

This article is for informational purposes only and does not constitute tax advice. We recommend that you hire a tax professional if you are uncertain of how to properly file your taxes as a rideshare driver. We may get a referral fee to services or products linked to from this site.

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