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While a few less-common circumstances are not covered by Credit Karma Tax, most filers are able to use the online tool to prepare and submit federal and state tax returns for free. You can also jump around from form to form on your own as you go through your stack of paper and digital tax forms for the year. How does Credit Karma Tax work?Ĭredit Karma Tax offers a free and easy way to prepare your tax return, but doesn't support multiple state returns, part-year state returns, or foreign earned income.Ĭredit Karma Tax is an easy-to-use app, available on both desktop and mobile, that guides you through a set of recommended steps to complete your tax return. In addition to answering these questions, you'll need to add information from your employer, other income sources, andġ099, 1098, W-2, and other tax forms that may show up in your mailbox or email inbox. Like other tax programs, TurboTax is driven by a series of questions and answers about your household, income, and opportunities for deductions and credits.

You can also log in and work on your taxes with the TurboTax mobile app for Android and iOS devices. TurboTax offers online and desktop versions of its software, with different prices depending on how many forms you need to complete your return.

For an extra fee, you can hire the direct assistance of a tax professional. TurboTax packages up the things most people need to file their taxes in easily navigable do-it-yourself plans. W-2 income unemployment income retirement distributions interest and dividend income earned income tax credit child tax credit

Upgradeable for instant access to a tax expert.

Completely free option for simple tax situations at any income level.

It's especially valuable for self-employed filers who use QuickBooks integration. TurboTax is the most expensive option for filing taxes online, but offers a high-quality user interface and access to experts. If you own a business or moved to a new state during the tax year, you'll find that TurboTax is a better fit, but you'll pay a premium. TurboTax, by contrast, offers DIY, hybrid, and full-service expert options. There's no option on Credit Karma Tax to hire a tax professional, whether you have a specific question about qualifying for a deduction or you want to hand off all your documents to an expert to prepare your return. That said, it does have some limitations. Which is better: Credit Karma Tax or TurboTax?įile taxes every year, and we love the philosophy that Credit Karma Tax has: If you have to do it every year by law, you shouldn't have to pay for it.

Resources for freelancers and small business filers.

Saving time when importing and uploading forms.