We want to bridge this gap by helping consumers get access to their refund sooner and give them a better place to receive and manage their money. At the same time, 60% of Americans can’t come up with $1,000 in an emergency.

Read also: Good Habits Will Pave the Way to Autonomous FinanceĬredit Karma General Manager of Assets and Tax Poulomi Damany said in the release: “Refunds are often the biggest paycheck of the year for many Americans, averaging about $2,800 per person. By combining forces with TurboTax, we believe we can deliver more value to our members, giving them greater visibility into their income and taxes throughout the year and providing them with a seamless, first-in-class tax filing experience.” This is a problem we’re well-positioned to solve, especially now that we are part of the Intuit family. That’s because they can be intimidating and confusing for most people. “However, for much of the year, taxes are largely ignored by consumers. “Much like credit scores, taxes are an essential part of our financial lives,” said Credit Karma Founder and CEO Ken Lin in the release. See also: Credit Karma Hires Bitmatica Team to Bolster Data Science, Engineering Work Members can also estimate their refund and learn about tax terms. Doing so will give them faster access to their refund with Credit Karma Money.Īdditionally, another feature is being introduced by Credit Karma to offer its members who previously filed with TurboTax ongoing insights about their finances, income and taxes, according to the release. Credit Karma’s integration with Turbo Tax allows filers with simple returns to file directly with TurboTax from the Credit Karma app. members and help them make the most of their refund, the release stated. The new tax experience aims to reduce the stress of tax preparation for Intuit’s over 100 million U.S. Finance firm Credit Karma is integrating with TurboTax to make filing tax returns easier and getting refunds faster, according to a Monday (Dec.

Turbo tax refund app