cash.app/taxes

Cash App Taxes is a no-cost, user-friendly tax filing service provided by Cash App. This platform, which emerged after Cash App acquired Credit Karma Taxes, allows users to file both federal and state taxes for free. You can access Cash App via cash.app/taxes on both your computer and mobile device, offering flexibility and convenience.

Who is eligible to file taxes using Cash App Taxes?

Most people are eligible to file their taxes using Cash App Taxes! Here are the key eligibility criteria:

• Age: Must be 18 or older.

• Residency: Must be a U.S. resident.

• Filing Status: Eligible statuses include Single, Married Filing Jointly, Married Filing Separately, Head of Household, and Qualifying Surviving Spouse with a dependent child.

• Income: Must have a valid Social Security Number (SSN).

How Does Cash App Taxes Work?

• Download Cash App:

  • If you don't already have the Cash App, download it from the App Store or Google Play Store.

• Access Cash App Taxes:

  • Open Cash App and navigate to the "Taxes" section, or visit cash.app/taxes.

• Enter Your Information:

  • Provide personal information, including income details, deductions, and credits.

• File Your Taxes:

  • Follow the step-by-step instructions to complete your tax return. The platform ensures accurate calculations and handles all the complicated tax code for you.

• Submit Your Return:

  • Once everything is entered correctly and reviewed, submit your return through the platform. You can choose to have your refund deposited directly into your Cash App account for quicker access.

Can I use Cash App Taxes if I'm self-employed or own a small business?

Absolutely! Cash App Taxes supports self-employed individuals and small business owners. You can file forms like the 1040 Schedule C for sole proprietorships, 1040 Schedule SE for self-employment tax, and 1040 Schedule E for rental property income and partnerships. This makes it a versatile tool for managing your taxes, whether you're freelancing or running a small business.

Can I use Cash App Taxes if I'm not a U.S. resident?

No, Cash App Taxes is designed specifically for U.S. residents. It’s intended for those who live in the United States and file U.S. federal and state tax returns. If you’re not a U.S. resident, you’ll need to look into tax filing options that are available in your country of residence.