Varo began offering the free service last year through a partnership withColumn Tax.
Column Tax also offers a paid option that lets you have a tax professional review your return before filing.
From the home screen of the Varo app, go to Start Your Free Tax Return to begin filing.
Column Tax will automatically pre-fill some information from your Varo account to help you complete your return faster.
Tax season opened Monday; the deadline to file this year is April 15, 2025.
It’s available to filers whose adjusted gross income last year was $84,000 or less in 2024.
Varo is among a growing list of companies offering free tax prep services, includingChime,CurrentandCash App Taxes.
How does Varo compare to other online banks?
Anything over $5,000 earns 2.50% APY for that month.
The bank touts that it charges no overdraft fees and no monthly account fees.
Varo To Anyone:This free, instant payment service is similar toZelle(which Varo also offers).
you’re able to send, receive and store money from Varo Bank accounts.
Transfers can be sent to anyone with a US debit card, regardless of where they bank.
Varo Advance:Consider this a low-cost version of a payday loan.
Here’s ourreview of Varo Bank.