Having trouble with your taxes? Put the smart back in your smartphone with some tax-related apps. Take our quiz to learn how these mostly free apps can help you stay organized, prepare for tax day and even file on the go.
Of that 70 percent, only 35 percent were folks who filed their own taxes. The majority were e-filed by CPAs and professional tax preparers who are required to file electronically.
Yup, you read that right: There were more than 400 million new smartphone sales. In the first quarter of 2011, smartphone sales were up 85 percent over the same period in 2010.
At last count, the iTunes store holds 583,922 active apps.
True, some of those 3,521 apps are in Chinese or Arabic, which can't help most users in the U.S. However, a surprising number of them are in English and really useful for tracking your finances and preparing for tax day.
iDonatedIt allows you to enter in donated items individually based on categories and conditions. The price it gives for a kid's jacket in "good" condition is $4. The same jacket in "better" condition is worth $6.
If the meal is entirely business-related, then you can deduct 100 percent of your expense. If you start billing every lunch as business, even on the weekend, you might draw the attention of the Internal Revenue Service (IRS), though.
Food expenses of $587 represents 11 percent of the total monthly budget. The Mint app can help you categorize and tag tax-deductible expenses to be better prepared for tax day.
A family with three or more children earning around $15,000 a year will qualify for the maximum EITC of $5,751.
You can be a resident alien with no children and still qualify for the credit, as long as you file as an individual, head of household, or married filing jointly.
The IRS videos are surprisingly useful, given the agency's reputation for making things more complex than necessary. However, the IRS doesn't offer advice on video on tax evasion.
For some reason, the IRS2GO app includes a feature by which you can order your tax return transcript or tax account transcript, but not other potentially more useful documents like tax return forms.
The fastest you can get your refund is 10 days after e-filing. If you don't choose direct deposit, the average turnaround time is 21 days.
While an audit is certainly a possibility, it's not one of the status options. The third one is "pending," which can simply mean that they haven't had a chance to review your return yet.
As of March 2012, the only return you can file via smartphone is the 1040EZ, the simplest tax return reserved for straightforward tax situations.
The 1040EZ return is restricted to people who make less than $100,000, have no children, are not self-employed, and lease or rent their home or apartment.
Isn't that cool? Since the W-2 is a standardized form, the app knows where to look for your name, salary and wage info, Social Security number, employer ID number and more.
Those 108,892,000 refunds totaled more than $326 billion.
In 1983, Intuit's first product was Quicken personal finance software, designed to help balance the family checkbook.
With a database of 400,000 eager CPAs, one might wonder if the whole point of the Ask a CPA app is to increase references to real-life CPAs.
Yup, 1,500 bucks. The largest percentage of your federal tax dollars goes to Social Security, since Social Security is the largest single line item on the federal budget.