Should Tax Preparation Be Free? Credit Karma Challenges TurboTax | Bloomberg


Tax preparation isn’t rocket science.

That’s Kenneth Lin’s pitch to get you to use Credit Karma, his popular credit-monitoring site, to do your taxes online for free. He’s striking out at TurboTax and H&R Block, which are now charging the typical homeowner or investor more than $90. Their prices have jumped more than $20 over the past month, the tax preparer’s version of surge pricing, as the April 18 filing deadline approaches.

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