How To File Taxes On Your iPhone In Less Than 10 Minutes

TurboTax for iPhone

[credit provider=”TurboTax YouTube Channel” url=”http://www.youtube.com/watch?v=l-DfNr7hvnM&feature=player_embedded”]

Tax returns are due in three months, but it’s never too early to get a headstart.Especially when it’s this easy.

Intuit, the maker of the popular TurboTax software released a new iPhone and Android app called SnapTax a few days ago that lets you file your taxes from your iPhone.

The app’s star feature is the ability to snap a photo of your W2 and other tax forms. Within seconds SnapTax’s character recognition automatically fills out your tax return and calculates your return.

Answer a few basic questions, and you’re done.

We tried the iPhone app, and everything worked perfectly except for the character recognition. After we took a photo of our W2, SnapTax failed to read a few of the fields, so we had to enter them manually.

(Our W2 was formatted a bit wonky, so that could have something to do with it. You may have better luck).

The interface is clean and easy to use. SnapTax makes everything simple by asking you straightforward questions about your personal information so you have the best chance possible at receiving the maximum refund.

When you’re done, you can file your taxes electronically straight from your phone. The service costs $14.99, which is charged to your iTunes account.

The whole process took less than 10 minutes. Pretty cool.

SnapTax can be pretty useful if you are filing a simple tax return with just a few tax forms. And assuming the character recognition works better for you than it did for us, it could save you time from entering all those confusing figures yourself.

You can download SnapTax for free in the App Store. Find the Android version for free here.

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title=”Tap the Snap Tax icon to launch the app.”
content=”It’s easy.”
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title=”Read the licence Agreement. If you agree, tap the “I Agree” button.”
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[slide
permalink=”answer-some-basic-questions-about-yourself-3″
title=”Answer some basic questions about yourself.”
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permalink=”now-youre-taken-to-the-log-in-screen-if-this-is-your-first-time-using-turbotax-tap-create-a-new-account-we-already-have-an-account-so-well-tap-use-my-turbotax-account-4″
title=”Now you’re taken to the log in screen. If this is your first time using TurboTax, tap “Create a New Account.” We already have an account, so we’ll tap “Use My TurboTax Account.””
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[slide
permalink=”log-in-with-your-turbotax-id-and-password-tap-sign-in-5″
title=”Log in with your TurboTax ID and password. Tap “Sign In.””
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[slide
permalink=”heres-the-main-menu-the-first-thing-you-need-to-do-is-input-your-w2-form-tap-tax-forms-to-get-started-6″
title=”Here’s the main menu. The first thing you need to do is input your W2 form. Tap “Tax Forms” to get started.”
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title=”From the Tax Forms menu tap “add new W2.” You’ll have the option to snap a photo or enter the information in manually. Let’s snap a photo.”
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title=”First you have to watch this quick tutorial about how to photograph your W2. Make sure you are in a well-lit area and you hold the camera very still.”
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[slide
permalink=”snap-a-photo-of-your-w2-if-you-are-satisfied-with-the-photo-tap-use-to-upload-9″
title=”Snap a photo of your W2. If you are satisfied with the photo, tap “Use” to upload.”
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permalink=”the-app-is-now-analyzing-your-w2-it-only-takes-a-few-seconds-10″
title=”The app is now analysing your W2. It only takes a few seconds.”
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title=”Whoops! It looks like the character recognition missed some information. Tap each section to input manually. Tap “Approve” when you’re finished to move on.”
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[slide
permalink=”your-federal-and-state-refunds-or-debt-will-show-up-at-the-top-now-tap-my-info-to-answer-a-few-more-basic-questions-12″
title=”Your Federal and State refunds (or debt) will show up at the top. Now Tap “My info” to answer a few more basic questions.”
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title=”The app will ask you to confirm your address, telephone number, email address, etc. The last step is to choose how you want to receive your refund. You can direct deposit to your checking account or receive your check in the mail.”
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[slide
permalink=”return-to-the-menu-and-tap-preview-to-see-an-overview-of-your-refund-to-view-the-document-as-a-pdf-tap-pdf-14″
title=”Return to the menu and tap “Preview” to see an overview of your refund. To view the document as a PDF, tap “PDF.””
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permalink=”heres-the-pdf-version-of-the-refund-summary-tap-the-envelope-icon-to-email-to-yourself-15″
title=”Here’s the PDF version of the refund summary. Tap the envelope icon to email to yourself.”
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title=”Go back to the main menu and tap “Purchase & File.” The service costs $14.99 and will be charged to your iTunes account. After the purchase goes through your tax return will be sent electronically to the government. Easy!”
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permalink=”now-find-a-fun-way-to-use-your-tax-refund-17″
title=”Now find a fun way to use your tax refund”
content=”Click here to learn how to buy Starbucks coffee with your iPhone
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