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File Your Taxes on Your Smartphone?

By Andrew Berg | January 14, 2011

With tax time right around the corner, consumers are always looking for the cheapest and easiest way to file their 1040EZs. PC-based tax preparer Intuit, maker of TurboTax, may be of some help this year. The company also offers SnapTax, a tax-filing app for iPhone, and this year Android.

According to a press release, SnapTax uses optical character recognition (OCR) technology to streamline and simplify tax preparation and shows a running tally of the refund, or taxes owed, every step of the way.

“SnapTax offers an entirely new and unique way to file taxes,” said Barry Saik, vice president of product management for TurboTax, in a statement. “Now, millions of taxpayers across the country can do their taxes easily and accurately from their mobile phones in just minutes.”

Taxpayers can download the mobile app for free and pay when they are ready to electronically file their return. The introductory price of $14.99 includes one federal 1040EZ and one state tax return plus e-filing. SnapTax is available through the Apple App Store and Android Market or at SnapTax.com.

Check out the video below:

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