Mobile apps are current big news in the world of tax preparation. From providing tax information to allowing users to e-file, these apps are on the rise.
Unlike many competitors, TurboTax is one app that allows users to e-file a 1040EZ with their iPhone or Android device. Data from around 400,000 financial institutions and employers, W-2 Express, various 1099 and 1098 forms, charitable-deduction records from ItsDeductible, accounting records from popular software like Quicken and QuickBooks, along with any data saved in a .cfx or .txf format are able to be entered. Bob Meighan, vice president of consumer advocacy at TurboTax, said that the goal is to allow taxpayers to use as few of keystrokes as possible to complete and file their tax returns.
In order to keep your information safe, incomplete return files are purged. Completed returns are accessible, which provides a benefit if you use the same app to file in following years.
TurboTax has enrolled agents and CPAs on hand to answer any tax questions that you might have. This unlimited “Ask a Tax Expert” service is available via chat and telephone. You must log into your tax-return file to get an answer, but the answer will be available for you. TurboTax also has an impressive Live Community database, which has answers to thousands of tax questions.
If you find yourself in need of tax audit support, TurboTax has a solution for you as well. For $39.95, you’ll be walked through the steps you need to take to prepare for an audit.