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Credit Karma Tax review 2021: Pros, cons, and who should use it


Filers who crave simplicity and want to save money on tax preparation will get the most out of Credit Karma Tax.
Because the platform doesn t have separate packages for specific tax situations, like self-employment or investment income, it relies on the user to find the tax forms they need beyond the most basic ones. It s a true do-it-yourself experience. That said, the interface is clear and easy to navigate, even for novices. 
Credit Karma Tax is best for someone who doesn t anticipate needing expert help to complete their tax return.
You might like filing with Credit Karma Tax if you: ....

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How to close your Simple bank account


Simple bank announced in January that it would be shutting down.
If you re a current customer and want to close your account, you can do so online or by phone.
If you choose to do nothing, your Simple account will become a BBVA USA account in 2021.
Simple bank announced recently that it will be closing its doors in 2021. If you re a current customer wondering what that means for your money, there are a few things you should know. 
Simple is shutting down because its parent company, BBVA USA, is being acquired by PNC Bank. By spring 2021, all Simple bank accounts will become BBVA accounts, then PNC accounts. So as a customer, the first thing you can do is absolutely nothing; Simple has been clear that if you leave your money where it is, your bank account will transition over to BBVA USA this year, and the intention is that customers shouldn t be impacted too greatly. ....

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I made a tax mistake when I started freelancing, new system is simple


In 2015, I got really serious with my side hustle and ended up earning well over $30,000. While I was proud of the extra money I d made, I realized I d made one major mistake when tax season rolled around not closely tracking my income or expenses. I was so excited about making money with a side hustle, but I paid for it the following spring by spending hours trying to organize my financial documents and data.
Not tracking my income meant not knowing how much tax I might owe
As a freelancer or contractor, I did receive a few 1099 forms from companies I worked for. As long as you earn $600 or more as a contractor, it s a requirement that companies send you a 1099 form stating how much you earned; this also gets sent to the IRS. ....

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