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  1. Cash App Taxes is a service that lets you file your federal and state taxes for free, with no hidden fees or charges. You can file from your phone or computer, get your refund up to 5 days early, and enjoy free audit defense and max refund guarantee.

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      Cash App Investing is a self-directed service; you are...

    • Who Should Use Cash App Taxes?
    • How Does Cash App Taxes Work?
    • Is Cash App Taxes Really free?
    • Other Notable Features in Cash App Taxes
    • Is Cash App Taxes Right For Me?
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    If you’re experienced with Cash App, you should consider the free Cash App Taxes software. The tax interface is integrated well into the mobile app, and filers with simple returns (W-2 and some basic credits) can reasonably complete the process in under 30 minutes. Cash App Taxes is best suited to DIY individuals who don’t need much hand-holding th...

    Cash App Taxes provides a smoother user experience this year than when it first launched. We previously encountered tax information taking up to an hour to transfer from mobile to desktop, and an occasional odd error message when switching between the two platforms. Every time you logged into Cash App Taxes to complete taxes on desktop, you were al...

    Yes, Cash App Taxes is free. In fact, you’re never prompted to pay for the service or upgrade for premium support. The product earns money through targeted advertising for other financial services. Cash App Taxes also signs people up for the payment service Cash App, which makes money in a variety of ways, such as retailer hardware fees, transactio...

    Cash App Taxes offers two guarantees: Accurate Calculations and Maximum Refund. The Accurate Calculations Guaranteewill reimburse you with prepaid Visa gift cards up to $1,000 if the service makes an error that results in IRS penalties. Cash App Taxes also provides one year of audit defense for free. If you decide to file with Cash App again in 202...

    Cash App Taxes provides a simple free option for filers that are confident completing tax returns on their own. The lack of file importing and an unusual desktop login process might discourage some users from trying the service. But existing Cash App users who already have the mobile app installed have little reason not to give it a try. Once you’r...

    Cash App Taxes is a free online tax software for simple returns, but it requires manual input and does not offer phone or professional support. It works well with Cash App users, but it has some drawbacks and limitations for more complex situations.

    • Danni Santana
  2. Nov 27, 2023 · IRS changed 2024 tax reporting threshold for payment apps like Venmo, Cash App If you earn more than $5,000 on payment apps like Venmo in 2024, you should automatically get a 1099-K tax form. Here’s what you need to know.

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  3. Aug 21, 2024 · Cash App Taxes is a free tax software that covers most tax situations and offers perks like audit defense and maximum refund guarantee. However, it’s only available in 40 states and D.C., and it doesn’t provide tax expert support or full-service tax preparation.

  4. Jan 22, 2024 · The IRS will not require users of payment apps to report transactions over $600 until 2025, and will lower the threshold to $5,000 in 2024. Learn how to understand and report your Form 1099-K for payment apps and what transactions are taxable or nontaxable.

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  6. Feb 5, 2024 · Cash App Taxes is a free online tax preparation service that supports most IRS forms and schedules for federal and state returns. It's easy to use, but it lacks some features and help content compared to paid apps.