Tax Returns in a Snap
By: Rich DeMuro
It’s that time of the year again, it’s tax time!
We spoke with Lisa Greene-Lewis, Lead CPA, American Tax & Financial Center at TurboTax to get some last minute tax tips.
Are people overpaying to get their taxes done?
A lot of people have pretty simple returns and their spending hundreds of dollars to go somewhere like a tax store and have their taxes prepared when they can save money doing it online.
The fear for some people is that they might mess up doing this online. Has it gotten to a point where it is nearly foolproof?
Yes it is simple, you know you’re asked easy questions that guides you through the program. And if you need more help, turbotax has tax professionals there to answer your questions.
So tell us about Snaptax.
You can snap a picture of your W-2, answer a few questions and e-file your return in about 20, 10 minutes.
So let’s talk about some of your tips for getting your taxes done.
Don’t overlook tax deductions. There are often overlooked tax deductions such as charitable contributions, job search. E-file and direct deposit, there is no quicker way to get your tax refund.
Snaptax is great if you have a really simple return. And once you’re filed, check out the official IRS app called IRS2GO. It will let you know the status of your refund.