Processing your tax returns by snapping a photo of your W2 and using an app on your phone has become popular as we continue to increase our reliance on portable technology, but is it really a good way to file your taxes? Here are some factors of filing your taxes on an app or tax software to consider:
- Ease of use
- Fast filing
- Not as thorough as a tax professional
- Most don't offer year-round assistance
- Not all software include mediation with the IRS
It is generally considered a good option if your filing status is relatively simple, meaning you don’t itemize or work for yourself. If you have a more complicated return, an app may not be the best choice for you.