• This Year, Do Your Taxes On The iPad With TurboTax

    Monday, March 7th, 2011

    Erick Schonfeld is a technology journalist and the former Editor in Chief of TechCrunch. At TechCrunch, he oversaw the editorial content of the site, helped to program the Disrupt conferences and CrunchUps, produced TCTV shows, and wrote daily for the blog. He joined TechCrunch as Co-Editor in 2007, and helped take it from a popular blog to a thriving... → Learn More

    Last night, after much procrastination, I started my taxes—on my couch with a movie playing on the TV, using only my iPad. I was testing out an early build of TurboTax, which is now available for the iPad (in addition to the online and desktop versions). I got through the bulk of my taxes by the time the movie was over.

    Taxes are never fun, even on the iPad. But the new TurboTax iPad app makes it fairly seamless. Anyone familiar with TurboTax will recognize the interface. It takes you through the same guided questions the online and desktop versions do, asks you about your financial situation, and keeps a tally of your refund up top (or, gulp, taxes you still owe). The app works in both landscape and portrait mode, and knows when to pop up a number keypad or the full keyboard.

    Just like the desktop version, the entire app resides on your iPad, with no need to connect to the Internet until you file. It is free to download and do your entire taxes on, but once you want to file, it costs the same as other versions of TurboTax (starting at $29.99)

    The one big drawback of the app for existing TurboTax users is that you cannot import last year’s data. You have to start from scratch. I thought entering all my personal and W-2 data on the iPad would be a pain, but it really didn’t take that long. And while you cannot import data from previous years, you can move your current year taxes over from the desktop version. So you can start on your computer and type in the bulk of the data, and then move over to the iPad and vice versa.

    Next year, you should be able to import data from previous years. And who knows, with the new cameras in the iPad 2, maybe you will be able to simply take a picture of all your tax forms like you can with SnapTax for the iPhone (which only works with W-2s for now, but that’s a start).

    Company: Intuit
    Website: intuit.com
    Launch Date: 1983
    IPO: NASDAQ:INTU

    Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit’s leading tax preparation offerings for professional accountants. The company’s financial institutions division, anchored by Digital Insight, provides on-demand banking services to help...

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    Product: iPad
    Website: apple.com
    Company Apple

    The Apple iPad, formerly referred to as the Apple Tablet, is a touch-pad tablet computer announced in January 2010, and released in April 2010. It has internet capabilities running on either WiFi or 3G, and offers an optional dock with a full size mechanical keyboard. The 3G is provided by AT&T, but comes unlocked with microsim cards on the GSM network. The 3G does not require a long-term contract. The iPad is a line of tablet...

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