Description: The article is about credit karma login. The author introduces the Credit Karma Tax software. It is free for people to use when they are doing their tax issue. But there still remains some bugs and problems so people need to pay attention to this free software if they are interested in using this for your tax issue.
It’s Robert from the college investor. Today we are diving in to our Credit Karma tax review. Now this is year two of Credit Karma tax. Last year everyone was excited about it because they were offering truly free filing free federal,free state,free everything. Then people started getting disappointed and it started running into some problems and bugs and poor customer service and seems like non existing customer service. I don’t think Credit Karma was ready for tax season and what it meant to be a tax filing company.
Here we are on year two of Credit Karma tax. Sadly we think they have taken a step backwards. We are disappointed in what we see. It’s very nice and friendly user interface but we found some bugs. I don’t know if their customer service is up to par yet .I don’t know if they fixed the issues from last year. So honestly we don’t recommend you look at Credit Karma tax. But I’m going to run through it.
So what to expect and what you can see if you have a simple return. Credit Karma tax is free but there are other options for you. If you already qualify for free file doing something like H&R Block it’s free too. So you don’t need to stuck with Credit Karma tax.
You can click on tax up here at the top and are you ready to get those taxes done? Let’s get started. You can tell them a little about yourself. You can sync up your information from your credit card account or you can type it in yourself. I’m going to type it in myself here. We’re going to start from scratch. Here’s my name,my address,county. I’ll put this in here. I only lived in one state. I will type in my birthday,my social,filing status.
I’m going to do single to make this easier. Do you have dependents? No. I’m not dead. I can’t become as a dependant. Whose form is this? We’re going to say it’s anywhere company and that’s going to be on first. How much did I receive from this company? We’re going to say that I made 59200. How much income tax was withheld? We had 10,106 and then Social Security was 62. So how our Social Security was withheld? I forget this number. Medicare tax was 1821. We had elective deferrals maxed. I was a retirement plan. The state disability is 63. It is very simple.
We’re going to save this w-2. We’re all set with w-2. What else happened? It is easy. We’re going to go and find credits and deductions. I was self-employed. I owned a home. I contribute to a retirement account. I had a vested income. I had a savings account.
The hard part is some of this stuff doesn’t come up. For health care,everyone is required to report their health care coverage. Does everyone in your household has health care? Yes. No penalty. Did you purchase health care through a marketplace? No. How the health insurance impacts your returns? It didn’t.
I was self-employed. we drove for Uber. What I want to say? I drove Uber. I guess I have to add. I don’t understand why it made me type Uber but then it doesn’t put anything in here for me automatically. I don’t know. I was a transportation. Did you make any payments? No. It’s all your vests. How much of your gross income. I’ll say I made 2500 bucks.
The important thing is if you drove for Uber to make sure that you deduct any fees insurance. We had insurance costs of 300. That’s my car insurance for my Uber policy and then 100. There should be travel. It’s not travel expense. There should be mileage somewhere up in here. do you want to claim. No. I do want to claim mileage. business miles driven. I drove. I’ll use the standard mileage rate.
Was another vehicle available? Yes. It’s all written down. No long-term care and that same come on. You can click below to add a new asset for fridge. I don’t want to add a new no asset for fridge. I meet $62 for drive for mortgage interest paid. My mortgage interest paid was 12,000 bucks. I paid $6,000 for estate taxes. I didn’t have any of those. I made a robber. It is traditional. We are going to fire.
You need to be traditional if you’re going to fire. You’re financially independent retire. The dividend interest income was the one that was acting funky before. I’m glad they got that fixed. We didn’t like my fake number. There’s 120 bucks. It’s funny that they ask that because most other software is not asking that. Then we scroll through it again.
We’ll start with some dividend income and I wish there was a nice import here but there’s not. They’re all qualified dividends. These four you can put. You’d put all this on ten pages but you make me scroll and scroll and scroll.HSA contributions. We did our HSA contributions. Who has an HSA? I have an HSA. I contributed.
Let’s go check this because this is where we found some thing. That’s nothing there. Then these sections don’t apply to you but this is the whole thing. I donated charity. I had tax payments and then uncommon income. Which is your prior year state tax refund? Non qualified dividends.
All these are the other stuff. It’s easy to use. But it is a little trickier to navigate. It’s not self guided. You have to scroll through and see everything that you covered. So it’s not hard. I like it. It’s free. But at the same time there’s better free if that makes any sense to you. So if you’re already qualifying for free check out H&R block and the self-employment stuff in here. I don’t know if they’ve caught all the bugs that they had in past ones.
California is an accepting state tax returns yet which is a notice here on the bottom. That’s a bummer. I feel like Credit Karma tax still has a way to go before you use it to file your return. A lot of people had problems last year and Credit Karma was not up to the tasks of helping these people get the results they want.
Hopefully that’s changed in 2018. I would love to know your experience if you used Credit Karma tax. Let me know if you tried to use it and it didn’t work out. Share it in that way we can let others know and other people can be aware of what is going on with Credit Karma tax. It’s a very popular program. A lot of people are interested in it. So it’s important to share.