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0 pointstzs3y ago0 comments

I used Cash App Taxes. I sold some mutual fund shares in 2021 and it handled it fine.

Here's a page describing forms and situations it does not handle [1].

One thing that might annoy some people is that to login to the Cash App Taxes website you must use their mobile app. The website shows a QR code which you scan from the mobile app.

It uses the approach of asking you various questions in order to figure out what forms it thinks you need to file, which is an approach that some people do not like.

If there is a form you know you have to do that it missed or you have a 1099-something that it has not asked you to enter it took me a little while to figure out how to deal with that. What you do is type the name of the form into the help search box. One of the results will be a link to take you directly to the page that deals with that form.

[1] https://taxeshelp.cash.app/s/article/Forms-and-situations-Ca...

0 comments

aceazzameen3y ago

I filed with them last year when it was still Credit Karma Taxes. The process was painless and my first time not filing with Turbo Tax. I was going to file with them again, but the moment I saw I needed to install an app to scan a QR code, I bailed. No thanks. I don't need their app on my devices.

So this year, I prepared my taxes with FreeTaxUSA instead. So far I love it. It required me to manually input a lot of information that was auto-imported on TT and CK, which isn't as terrible as I thought. Overall I'm finding the UX to be very clean and clear. I haven't had to Google answers to vague questions or unique situations like I had to with the others. It even caught an error that I'm having to fix with my bank, and told me exactly how to fix it. I'm very impressed with FreeTaxUSA so far. Hopefully they never sell out.

sagarun3y ago

Cash App taxes has a bug where mortgage interest deduction is not handled properly with state vs federal. If your mortgage is more than 750000$ and your state is California or a state allows deduction up to a million $ in mortgage interest then you will end up getting a lower refund.

I'd double check by filing with another software just to make sure (i.e https://www.freetaxusa.com/)

pilom3y ago

Cash app also couldn't file my ev credit correctly. Support was significantly worse than useless. Ended up going with Free Tax USA this year but I've also seen bugs with them.

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