What are the pros and cons of Intuit Turbo tax vs Credit Karma?
I expect, if the moderators even allow this question, something like this:
Pros: Credit Karma is free, Intuit TurboTax is not
Cons: CreditKarma is not comprehensive, has holes, not intuitive to use.
Pros: using either Credit Karma or TurboTax cuts down on errors, makes it less likely you'll be audited (true? Not sure)
Cons: Credit Karma is online, and in theory a stranger can hack your personal details and find out how much money you are making, while TurboTax is a standalone software application that resides on your hard drive, less likely to be hacked online (not sure if this is true as Intuit might even be 100% online these days)
I'm making the above up, just to get the ball rolling. I'll check back in one week to see if anybody answers. Thank you.
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@raylopez88 wrote:Pros: Credit Karma is free, Intuit TurboTax is not
TurboTax actually does have a free (online) version.
See https://turbotax.intuit.com/personal-taxes/online/
@raylopez88 wrote:Cons: Credit Karma is online, and in theory a stranger can hack your personal details and find out how much money you are making, while TurboTax is a standalone software application....
TurboTax has desktop (installed) versions and online versions, take your pick.
Con about Credit Karma - Credit Karma customer services refuses to deactivate fraudulent account at Credit Karma. As Intuit intends to acquire Credit Karma, it would be helpful to know how Intuit will address these fraud and privacy issues as Credit Karma refuses to deactivate fraudulent accounts.
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