Cash App Taxes FREE
Product Name: Cash App Taxes
Product Description: Cash App Taxes offers a totally free way to file your tax return.
Summary
Cash App Taxes offer free tax prep. However, it does have some limitations, for example,you can’t file in multiple states, and you don’t have access to a tax pro. But it could be a perfect fit for some.
Overall
Pros
- Free and easy to use
- Covers more tax situations than most free plans
- Includes audit defense
Cons
- Must file return in Cash App
- No option to speak with a tax pro
- Can’t file multiple state tax returns
- The app can’t handle every tax situation and doesn’t have an upgraded paid version
- There is currently no support for foreign incomes or nonresident aliens
No one looks forward to doing their taxes – and worse, no one wants to pay for it. Cash App Taxes offers a free solution for both federal and state returns that will allow most people to file for free.
Their free version covers a wide range of situations and includes audit defense, which is not a free feature you’ll see elsewhere. They also include an extensive catalog of help articles and a chat feature for customer support.
At a Glance
- Free federal and state tax returns
- Works with a wide variety of tax situations
- No upgrade available for those who don’t qualify
- No access to tax experts
- Can’t file in multiple states
Who Should Use Cash App Taxes
Cash App Taxes is great for those looking to file their taxes for free. It covers a large number of tax situations, much more than the free versions of other software. However, it doesn’t cover every situation and if you don’t qualify, there is no upgrade option. So you’ll have to start over on another software.
One common complexity that Cash App can’t handle is the need to file in more than one state. If you earned income in the state you don’t currently live in, you can’t file with Cash App.
Cash App Taxes Alternatives
 |  |  | |
| Pricing | $0 for federal, $14.99 for state | $0 – $52.95 for state and $0 to $39.95 for state | Depends on complexity of return. |
| Audit Defense | $19.99 | Price Undisclosed | Undisclosed but likely between $40 and $50 |
| Tax expert available | Yes | Yes | Yes |
| Learn more | Learn more | Learn more |
Table of Contents
What is Cash App Taxes?
Cash App Taxes will guide you through the process of filing your tax return for free. It covers the most common tax forms as well as 1099 income, itemizing (schedule A), business profit and loss (Schedule C), child tax credit, and earned income credits.
There are some other fundamental features of Cash App Taxes:
- Cash App Taxes can be used for both federal and state taxes, and you can do so even on the free version of the app.
- Cash App Taxes can be used by both students and freelancers and can greatly simplify the process of filing taxes for these groups.
- The app is also encrypted to keep your personal information safe, so you don’t have to worry about your details falling into the wrong hands.
How Much Does Cash App Taxes Cost?
Arguably the most attractive feature of Cash App Taxes is the price tag – the app is totally free. It will even do your state taxes for free, too – many other tax packages will charge extra for state returns.
Cash App Taxes offers plenty of functionality on a free account, which will handle everyone but those with the most complex tax situations.
There is one downside – if you start filing and don’t qualify for the free version, there is no upgrade to a paid version. You simply cannot use Cash App Taxes and will have to start over with another service – which can cost you a bit of time.
Who Can Use Cash App Taxes
Those looking to use Cash App Taxes to calculate and file their taxes should bear in mind that there are some basic requirements for using the app:
- You’ll need to be 18 or older
- You’ll also need to be a U.S. resident or resident alien
- If you have to file a state return you’ll have to have earned all your income in the state you currently live in
Cash App Taxes supports an extensive number of forms, many of which are not included in other tax preparation program’s free plans. These include 1099 income, itemizing, HSAs, business income (Schedule C), and plenty more. Here’s the full list of covered forms.
It does not cover foreign income, income from an estate or trust, or the health coverage tax credit. Here’s the full list of forms that are not included. It also does not cover multiple state returns. If you have to file in two or more states, you can’t use Cash App Taxes.
Double-check these lists carefully because if you have a form that isn’t included, you cannot file with Cash App Taxes. You will have to go with another service.
State Returns
Cash App Taxes has some quirks when it comes to state returns. It can’t file multiple state returns, part-year state returns, or non-resident state returns.
You can’t use Cash App Taxes if you earned income in multiple states. You have to earn it all in the state in live in, which can get tricky if you invest in things like crowdfunded real estate (if you invest in property in another state, income from that property is considered to have been earned in that state).
You also can’t file only a state return. You must file a federal return to file a state return.
Get started with Cash App Taxes
Key Features of Cash App Taxes
There are some key reasons to choose Cash App Taxes:
Guarantees
Cash App Taxes offers two guarantees. The first is their Max Refund Guarantee, through which you are assured that you will receive the maximum refund due to you. If another service finds you a bigger refund, Cash App will refund you the difference, up to $100 (with a minimum of $25).
The second guarantee covers the accuracy of your tax liability – known as the Accurate Calculations Guarantee. If the Internal Revenue Service finds that there are errors in your calculations, and sends you an unexpected bill for interest and penalties, Cash App will refund you an amount up to $1,000. You will not receive reimbursement for taxes you owe, only penalties and interest.
Smart File
Cash App Taxes also offers a system called “Smart File.” This is a highly adaptive filing system that changes to meet your circumstances – so that you won’t see questions and windows about parts of your return that you don’t have to fill out.
Audit Defense
Cash App Taxes works with Tax Protection Plus, LLC, to provide audit defense. This protects you in the event you are audited on your tax returns. There are some restrictions for this insurance protection so you’ll want to review that list here.
Cash App Taxes Alternatives
There are several alternatives to Cash App Taxes. These alternative apps have been around for a while and are highly trusted by their customer base.
FreeTaxUSA
FreeTaxUSA isn’t completely free, but it’s pretty close. Federal returns are free, and state returns are only $14.99. If you want to get your taxes done as cheaply as possible and don’t qualify for Cash App Taxes (or just don’t want to use them) then FreeTaxUSA is your next option.
FreeTaxUSA covers all common tax situations, including small business, for only $14.99 per state return (federal is free). You can add on audit defense for $19.99, and if you want to speak to a live tax professional, you can add that feature for $39.99.
Here’s our full FreeTaxUSA review.
TaxSlayer
TaxSlayer’s free version is completely free, including one state return. It does have some limits however, you have to have taxable income under $100,000 and no dependents. But if you qualify you could have your taxes done completely free.
You will not get audit defense or access to a tax pro on the free plan. If you don’t qualify for the free plan, TaxSlayer’s Classic plan covers most tax situations and is reasonably priced.
Here’s our full TaxSlayer review.
TurboTax
TurboTax used to have very complicated and expensive plans, but they really came through for 2024. While they are still on the more expensive side, they have greatly simplified their plans, plus their free plan is comprehensive and includes one free state (not everyone will qualify for the free plan).
Their free plan includes dependents but does not include unemployment income, which many free plans do these days.
Here’s our full TurboTax review.
Summary
Overall, Cash App Taxes is a great free tax return app. It’s highly recommended for individuals looking to simplify their calculations and for people who don’t qualify for the free plans on other software.
If your tax situation is extremely complicated, however, you might want to pay for an account with an alternative provider, or even hire an accountant.
I used the Credit Karma tax features in the past, and it worked very well. This year I see that Cash App has acquired that division, and so I thought, OK, I’ll get going with that since they already have my info. Totally free? Nope. The first thing that happened when I went to sign up on the new system was that my card started getting hit with fraudulent charges. So, not only NOT FREE, but now I get to wait for replacement credit cards, since the ones I tried to sue had to be shut down. There is no… Read more »
I suspect it’s a coincidence because when did you enter your card information?
Important pro/con: Cash App Tax requires a Cash App account which is how the security verification you mention is performed. Support is separate for each as well.