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Just got my return. Filed 2/14, and received the return on 2/24, and a couple of hundred bucks richer for creditkarma.com.
I tried CreditKarma, but they quoted me a significantly lower refund amount than TurboTax (I used TurboTax Deluxe + Max Assist and Defend, and I still came out WAY ahead filing with TurboTax vs CreditKarma). It's odd since I only had to do a standard deduction with zero tax credits so it's not like TurboTax found obscure loopholes for me.
Worse, CreditKarma's quote was before I entered my non-W2 taxable income (dividends, etc) vs Turbotax where I had some of my extra taxable income reported at the time. And, when everything was finally plugged in, it's not like I had lots of capital loss to report to explain the difference. I think I had a whole dollar of capital loss to report. lol
Another dealbreaker is that, as of now, I don't think CreditKarma automatically imports data from brokerages, which is pretty inconvenient-- because ugh, I have to type everything in-- and slightly stressful-- because ugh, I need to quadruple check that I'm putting the right things in the right places.
@Anonymous wrote:I tried CreditKarma, but they quoted me a significantly lower refund amount than TurboTax (I used TurboTax Deluxe + Max Assist and Defend, and I still came out WAY ahead filing with TurboTax vs CreditKarma). It's odd since I only had to do a standard deduction with zero tax credits so it's not like TurboTax found obscure loopholes for me.
Worse, CreditKarma's quote was before I entered my non-W2 taxable income (dividends, etc) vs Turbotax where I had some of my extra taxable income reported at the time. And, when everything was finally plugged in, it's not like I had lots of capital loss to report to explain the difference. I think I had a whole dollar of capital loss to report. lol
Another dealbreaker is that, as of now, I don't think CreditKarma automatically imports data from brokerages, which is pretty inconvenient-- because ugh, I have to type everything in-- and slightly stressful-- because ugh, I need to quadruple check that I'm putting the right things in the right places.
I could not agree more about not importing brokerage information being a dealbreaker!