So those tricky folks over at TurboTax have released SnapTax an iPhone app that lets you file your taxes without leaving the comfort of your phone. It has the capability to scan a photo of your W-2 using the iPhone’s camera and then it will allow you to answer a few questions and your ready to e-file your Federal and State tax returns. It’s going to show up mid-January but… will only be available for California residents who can’t detach their iPhone from their face. This is only targeted to those filing a 1040A or 1040EZ return and it will retail for $9.95.
Now don’t get me wrong, I love technology and I especially love gadgets. But I’m not seeing the market for this one. Is it because I couldn’t be bothered to walk to my computer? I’ve used TurboTax Online for the last 6 years and it’s great, I just couldn’t imagine relying on my phone to do my taxes. Furthermore you can do your taxes for free if you are only filing a 1040 EZ. I’d love to know what the readers think in our decidedly unscientific poll. You can also learn more over at the TurboTax blog.