- Days left

SnapTax: File your taxes with your iPhone

In science fiction books and movies, the phone of the future was often portrayed as being able to help users buy stuff, find a date, and even do taxes.

So far, they've gotten the dating and buying stuff right and now, if you live in California, you can file your taxes on your phone.

Intuit, the makers of TurboTax, will be releasing a new iPhone application for residents of California which will let them file their state and local taxes on their iPhone. The app isn't available yet but should be released by the end of the month.

The SnapTax app allows you to take a picture of your W-2, which the app can read and pull out the important information in order to auto-populate the correct fields in SnapTax.

After a few questions, you'll see how big of a refund you are getting and can preview the 1040EZ for any errors. If you are satisfied with it you can press file and you're done with taxes for the year.
SnapTax is meant for the roughly 70% of tax filers who would normally file a simple return on a form like the 1040EZ and isn't meant for complex tax situations. That said, if SnapTax finds that you owe the IRS money you can still e-file with the App and send in a paper check to fulfill your tax obligation.

SnapTax will be available later this January and is expected to retail for $9.99, which includes the fees for filing both state and federal taxes for California residents.

According to Colleen Gatlin, a spokeswoman for Intuit, SnapTax is being tested in California this year and the company would certainly consider offering it to more states or including other tax situations in the future.

If you don't live in California you can still use the TurboTax TaxCaster App that, with the help of a few simple questions, will provide you with an estimate of how much you will receive back from the government this year.

Increase your money and finance knowledge from home

Goal Setting

Want to succeed? Then you need goals!

View Course »

Introduction to Preferred Shares

Learn the difference between preferred and common shares.

View Course »

TurboTax Articles

A Comparative Look at State Taxes

Ever wondered which state has the highest gas tax or the lowest overall tax burden? Interact with the infographic below to compare income tax, property tax, and other taxes by state.

8 Things You Think Are Tax Deductible That Aren't

There?s a fine line between looking to save money on your taxes and taking deductions that will raise eyebrows at the Internal Revenue Service. Some taxpayers are tripped up by expenses that they assume are tax deductions, but don?t qualify under IRS guidelines. Here are a dozen items that can lead to unpleasant surprises in case of an audit.

9 Things You Didn?t Know Were Tax Deductions

Few realizations are more painful than realizing that you forgot to include a tax deduction that would have lowered your tax bill or increased your tax refund on your tax return. Here are some tax deductions that you shouldn't overlook.

Add a Comment

*0 / 3000 Character Maximum