- 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

Economics 101

Intro to economics. But fun.

View Course »

Finding Stock Ideas

Learn to do your research and find investments.

View Course »

TurboTax Articles

Deducting Mortgage Interest FAQs

If you're a homeowner, you probably qualify for a deduction on your home mortgage interest. The tax deduction also applies if you pay interest on a condominium, cooperative, mobile home, boat or recreational vehicle used as a residence.

What Extra Tax Deductions Should I Make Sure To Take?

The federal government offers tax deductions and credits to reduce taxable income under certain circumstances. There are several that are often overlooked, including deductions for job hunting, caregiver expenses for dependents and children while you work, a credit to reduce taxes for moderate- to low-income earners and the premium tax credit associated with the Affordable Care Act. TurboTax can help determine if you qualify for these credits and deductions.

Fatten Your Paycheck and Still Get a Tax Refund

If you usually get a tax refund, but would like to start putting more money in your pocket every month, we can help. Yes, you still have to fill out a W-4 form. But we've developed a quick and easy guide to assist you.

Add a Comment

*0 / 3000 Character Maximum