Move over Pandora! The online radio station’s iPhone program has been replaced as the most useful app: TurboTax has an app that allows you to e-file your 2009 tax return with a flick of the thumb.
Intuit, the makers of online tax software TurboTax, are releasing a new iPhone application for residents of California which will let them file their state and local taxes on their iPhone. SnapTax became available on iTunes at the end of January for $9.99, which includes the state and federal tax filing fees. SnapTax provides you with the ability to file a Federal 1040-EZ and state (California) return and e-file right from your iPhone.
Simply take a picture of your W-2, and the app will cull the important information and then auto-populate the correct fields in SnapTax. After a few questions, you can view your estimated refund and can preview the 1040EZ to check for any errors. If you are satisfied with it, you can press “file,” and you’re completely done with your taxes for the year. SnapTax isn’t meant for complex tax situations and is better for simple tax returns.
For those who don’t live in California, TurboTax will consider expanding the iPhone app for other states in the future, depending on the success of SnapTax this year. Also, there is a similar (free!) app called TurboTax TaxCaster, which will provide you with an estimate of how much you should receive from the government this year depending on the answers to a few simple questions.
Interested in other useful smartphone apps for small business owners? Check out our ChooseWhat blog post on the Top 7 iPhone and Smartphone Apps.
Tags: online tax software, turbotax
