Current Events > Anyone use Cash App to do their taxes?

(+) Yeah! (+)

I've always used TurboTax but would have to buy the $100 version this year and Cash App is free. Wondering how good it is compared to TT.

coyot posted...

Jack Dorsey is the head of Square/Block. Nuff said for most people.

Is he worse than Elon?

I've done it the last few years. I liked it better when it was credit karma tax, but it's still essentially the same. Cash App taxes is pretty quick and gives me a decent return. I definitely think it's worth saving $100 for.

You can auto-fill your W-2 form. After that, it's only filling in the other forms you have.

There's also another cheap option that has free federal and a small fee for state taxes, but I forget the name of that one.

Sansoldier posted...

I've done it the last few years. I liked it better when it was credit karma tax, but it's still essentially the same. Cash App taxes is pretty quick and gives me a decent return. I definitely think it's worth saving $100 for.

You can auto-fill your W-2 form. After that, it's only filling in the other forms you have.

There's also another cheap option that has free federal and a small fee for state taxes, but I forget the name of that one.

I'll have to file eBay sales this year because my stupid state's threshold is $600. As long as it can do that I might as well try it.

LeoRavus posted...

I've always used TurboTax but would have to buy the $100 version this year and Cash App is free. Wondering how good it is compared to TT.

why is yours 100, this yr? and who is jack dorsey, the cash app guy, this is an app on your phone?

SoiledSnake posted...

why is yours 100, this yr? and who is jack dorsey, the cash app guy, this is an app on your phone?

Because I don't think I can do the eBay stuff with deluxe. Home and Business is over $100 with tax.

LeoRavus posted...

Because I don't think I can do the eBay stuff with deluxe. Home and Business is over $100 with tax.

oh so you do a lot of ebay selling? you like doing that, make good money? i heard it is hard to make good money though

Yes used it the last 2 years

SoiledSnake posted...

oh so you do a lot of ebay selling? you like doing that, make good money? i heard it is hard to make good money though

Not good money but extra spending money. Sometimes ebay makes more off it than I do.

Don't ever use TurboTax... it's such a waste of money.

If you kept track of everything, you can do it on your own. If not, there are professionals that would probably charge you less than TurboTax...

i dont understand why people in the usa are charged money to do their own taxes. Am i just getting skewed/agenda'd information here? Probably. I mean, it's very simple financial reasoning that if it costs someone more to do their taxes than they will get back, you're going to lower your submission rate.

in canada, the government website has "partnership" platforms. each year there's a new startup that has a free version, and they all pull past history into their programs fairly seamlessly. It is baffling that only one has a desktop version, the rest is web applets or, good lord, mobile apps. Who the hell does taxes on their phone?!!?

https://gamefaqs.gamespot.com/a/forum/1/19084de3.png

LeoRavus posted...

Not good money but extra spending money. Sometimes ebay makes more off it than I do.

what percent do they take, is it more than amazon sellers?

SoiledSnake posted...

what percent do they take, is it more than amazon sellers?

13.25% on most stuff. It can be more or less depending on what it is for whatever reason. Amazon charges what, 15%?

I also make money on shipping most of the time. I put in the item weight and dimensions and the buyer pays whatever that comes to, which is always more than what I have to pay with ebay labels. Like the thing I sold yesterday the buyer paid $14+ shipping and I was only charged a little over $9. Boxes and bubble wrap can be expensive too so I guess it covers that.

Naysaspace posted...

i dont understand why people in the usa are charged money to do their own taxes. Am i just getting skewed/agenda'd information here? Probably. I mean, it's very simple financial reasoning that if it costs someone more to do their taxes than they will get back, you're going to lower your submission rate.

in canada, the government website has "partnership" platforms. each year there's a new startup that has a free version, and they all pull past history into their programs fairly seamlessly. It is baffling that only one has a desktop version, the rest is web applets or, good lord, mobile apps. Who the hell does taxes on their phone?!!?

https://gamefaqs.gamespot.com/a/forum/1/19084de3.png

Some people's only internet access is mobile. Like my mom. She hasn't had a computer in years. I fucking hate mobile apps.