As many users are getting their tax information around from 2014 and filing them before the big April date rolls around, 2015 starts a new tax year. Here are five iPhone apps that will make taxes a lot easier for you in 2015 and beyond.
Taxes can be a bit stressful, especially if you do them yourself, but even if you have someone else do them for you, tax season can creep up without you being prepared, causing unnecessary stress as well. However, if you stay on top of things with a few iPhone apps, you’ll be able to simplify tax season and breeze through it like it was nothing.
While there are many apps that help you file your taxes when it comes time, these apps help you simplify the process and answer any questions that you might have. There are apps that include useful Help sections for finding out what different terms mean, and there are also apps that let you organize your expenses and keep track of receipts.
Whatever you’re looking for, here are five tax apps that will easily get you through 2015 and simplify your taxes.
My Block is an iPhone app made by H&R Block that’s meant to help you by getting you answers to questions you may have about your taxes. You can quickly estimate your tax refund with the Refund Estimator feature, and you can upload your tax documents and send them straight to your tax preparer.
Furthermore, you can check the status of your Federal refund and even access your prior year’s tax returns to compare if need be. The app also has a handy checklist feature that makes sure that you don’t miss any crucial step along the way, and there’s even a glossary of hundreds of tax terms that you can access quickly and easily.
If all else fails, you can use the app to find an H&R Block office near you and schedule an appointment with a tax professional, all right from the app.
If you need a dead easy way to file your taxes, Intuit’s TurboTax SnapTax iPhone app is an option that you should consider.
The app touts that all you have to do is a take a photo of your tax form and it’ll do the rest of the hard work for you. Simply snap a photo of your tax form, answer a few simple questions, review it and then send it through with your iPhone.
While it’s an easy app to use and it can make filing your taxes easier, it’s really only meant for users who have a simple tax situation in the first place. If you’re a small business owner or self-employed, the tax situations there can be a bit more complicated. However, if you just have one job and one W2, SnapTax is perfect.
If you’re getting ready to file your taxes and want a quick peek at what you can expect your tax return to be, TurboTax’s TaxCaster is an app that can do that for you.
What’s nice about the app is that it comes with a good-looking user interface, which is really easy to use and simple to navigate around.
Just enter some basic info about your taxes and get an instant estimate on what your tax return could be. You can also use the app to adjust your paycheck withholdings so you take home more money, and you can plan ahead so you pay less tax.
However, one thing to be aware of is that the app doesn’t file your taxes for you. It merely gives you an estimate on what your tax return could be after you filed your taxes.
While you don’t necessarily need to prove your deductions every year, if you do end up getting audited, having a record of all your purchases and their receipts can make like a lot easier. Expensify is a handy app for just this.
Using Expensify, you can add receipts, track time or mileage, and create expense reports quickly and easily. The app even has a nifty camera function that you can use to take photos of receipts so that you can store them right in the app.
Even if you lose a receipt, Expensify lets you import your credit card transactions and automatically creates an IRS guaranteed eReceipt for all purchases under $75. Nifty!
Believe it or not, the Internal Revenue Service has its own iPhone app called IRS2Go. It’s pretty basic, but the features it does have are fairly helpful.
The app lets users check on the status of their tax refund, as well as sign up for helpful tax tips or get the most recent news and information with the IRS’s Twitter feed.
You can also look up the nearest tax preparation professional if you’re looking for help with your taxes.