SnapTax From TurboTax Will Let You File Your Taxes From Your iPhone (If You Live In CA)
Nobody likes doing their taxes, which is why an upcoming iPhone app from Intuit called SnapTax is so genius. As you can see from the exclusive sneak peek demo video below, the app lets you snap a picture of your W2 form with your iPhone and automatically fills in your tax return. The app uses optical character recognition (OCR) technology to translate the images into words and numbers, which it then uploads into a light version of Intuit's TurboTax software. The tax filers then correct any mistakes, enter additional data not on the W2 (such as interest income), answers a few more questions, and they are done. They can even file electronically from their iPhone.