Cash App Taxes Review by a CPA | Pros + Cons | Walkthrough

In this Cash App Taxes review, tutorial, and walkthrough, Logan Allec, CPA gives his opinion on the Cash App Taxes software. He explains how you can get access to this free tax software. He also goes over some situations where Cash App Taxes might be confusing for inexperienced users. Having been a CPA for over a decade, Logan has ample experience with all kinds of tax preparation software and is excited to share his knowledge with you in this video.

Support the Channel:
► Cash App Taxes Referral Link: https://cashapptaxes.pxf.io/5bmyNj

My Other Channel:
► The Logan Allec Channel:    / loganallec  

Watch Next:
► TurboTax Review 2021-2022:    • TurboTax Review 2021-2022 by a CPA | Pros ...  
► H&R Block Review 2021-2022:    • H&R Block Review by a CPA | Pros + Cons | ...  
► What Is a 1099-INT Form?:    • What Is a 1099-INT Form and What Is a 1099...  
► Middle-Class Tax Planning Strategies:    • 5 Middle-Class Tax Planning Strategies For...  

My Other Tax Software Links:
► TurboTax: http://go.moneydoneright.com/TurboTax
► H&R Block: http://go.moneydoneright.com/HRBlock
► TaxAct: https://www.anrdoezrs.net/click-84174...
► TaxSlayer: http://go.moneydoneright.com/TaxSlayer

Owe the IRS?:
► Tax Relief: Do you owe the IRS more than $10,000 in back taxes? Email me at taxrelief@loganallec.com and let me know how much you owe by year as well as a good number to reach you at.

Table of Contents:
0:00 What Is Cash App Taxes?
0:45 What Happened to Credit Karma Tax?
1:42 Cash App Referral Link
1:59 How to Sign Up for Cash App Taxes
2:58 Entering Basic Tax Information
7:20 Entering Basic Personal and Family Information
10:28 Confusing Display of Child Tax Credit Under Taxes Paid
12:30 Entering Income Information from Form W-2
17:00 Entering Interest Income Information from Form 1099-INT
18:13 Entering Investment Information from Form 1099-DIV
20:46 Entering Stock Sales Information
24:25 Why It's Important to Remember About Capital Loss Carryover
26:10 Confusing Method of Entering Advance Child Tax Credit Payments
28:20 Entering Recovery Rebate (Stimulus) Credit
28:50 Entering Gifts to Charity
29:20 About Itemized Deductions
30:15 Reviewing Tax Summary and Draft Tax Return
32:32 State Taxes
33:59 Pros and Cons of Cash App Taxes

I may be compensated if you use the links above.

Have you ever used Cash App Taxes? If not, how do you file your taxes? Let me know in the comments below!

#tax #taxes #taxsoftware