- Personal Finance
Tax Estimate Mobile Apps Offer an Alternative When Doing Taxes
Getting Tax Return Estimates with Mobile Apps
Getting a quick estimate or snapshot with the use of mobile apps can determine whether a taxpayer will receive a refund and as a guidance tool in preparing taxe
The mass surge in the purchase and use of smartphones by consumers in the United States has made the download of mobile software applications quite popular.
According to a recent PriceGrabber survey, 58 percent of online consumers own a mobile phone capable of connecting to the Web. Of the online consumers with Web-enabled phones, 21 percent own a smartphone, eight percent own an iPhone (TM), and 29 percent own another type of web-enabled phone.
Becoming more common are the download and use of tax refund estimator apps such as ones from tax preparer organizations such as TurboTax/Intuit, Jackson, Hewitt Tax Services and H&R Block. All three of these mobile apps make it quick and easy to estimate the refund of your 2011 and beyond taxes. Each of these developed apps present a colorful, vivid and easy-to-use screen and menu system.
Keep in mind the following apps are not full=blown tax preparation software packages.
Here is a brief rundown on the available smartphone apps:
Jackson Hewitt's App Solution
The Jackson Hewitt app is called “JH Mobile”, and it can be downloaded for free using an iPhone or an Android -capable phone. It allows users to locate a nearby Jackson Hewitt office using the phone's GPS technology, conveniently schedule appointments with tax preparers, check and track the status of tax returns 24 hours per day/seven day a week, and view the company's tax products, services and special offers. Another useful tool on the app is a checklist that reminds users what important paperwork they need to bring to the interview with the tax preparer.
The very first version of the app was released on Dec. 9, 2011 and takes up 2.66MB of memory on the smartphone or SD card. The app is available for download on the AppStore.
The TurboTax App Solution
TurboTax has a available an app for download called “TaxCaster”. They also have just come out with an app that can be downloaded to the Apple iPad. All a user needs to do after downloading the app to their device is open up the app, answer a few simple questions such as, “Are You Married”, “Filing Jointly?, “Age?”, and the “Total Income and “Deductions, Credits and Payments”. The app will then calculate a refund estimate that will make it easier to fill out the tedious IRS tax forms.
Also, new features for this year includes allowing users to input negative numbers such as trying to show a loss and perform “what-if” scenarios to see how actions may affect the bottom line of some real event. TurboTax says that all of the latest tax updates and calculations of tax estimates are 100 percent accurate based on the users input.
The app is available for download on the AppStore.
The H&R Block App Solution
This app is similar to the above competitor apps, but has more in-depth tax information and analysis and is a bit easier to navigate. There is a lot of good tax information in the database that gives answers to questions entered by the user. There are app downloads for the iPod, iPad and Andriod devices, plus downloads for each tax form preference.. Go to the AppStore to locate this app to download.
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