Move Over Computer: Mobile Tax Filing on the Rise
~ Cricket Wireless survey finds 45% of Americans comfortable filing taxes via smartphone ~
This discovery is aligned with the increasing number of Americans choosing to bypass the computer and handle personal finances from their pocket. That means taxpayers are nearly as comfortable with mobile tax filing as they are using a mobile wallet (51%) or giving bank account information via smartphone (52%).
While research further shows this trend toward mobile ease is largely driven by a generational gap, with the Millennials and GenXers showing the highest comfort, older generations are also adopting smartphone financial management. Cricket’s national survey finds that 56 percent of 18-29 year-olds would file their tax returns on their phone compared to 34 percent of 45-64 year-olds.
Applications today, such as the TurboTax SnapTax mobile app from Intuit and the H&R Block 1040EZ Tax App, allow those who fit within set criteria to easily snap a photo of their W-2, answer a few simple questions and file from their phone. Whether they are the half (50%) that indicate they file early, or the limited few (5%) that admit to filing last-minute, qualified Americans can use these apps to safely and effectively file via smartphone.
Courtesy of Cricket, anyone can now also receive more cash back when purchasing a new phone. Cricket Wireless kicked off tax season by launching “The Nation’s Best Trade-In” program, which offers customers more for their current phone than any other carrier by tripling the trade-in value of their current phone2 toward the purchase of a new device and/or accessories. For many, now may be the perfect time to upgrade to the latest smartphone technology in order to handle their financial-related tasks on their own mobile device.
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1 According to a survey conducted by Sentient Decision Science in January 2014 on behalf of Cricket Wireless (1,200 consumers surveyed; overall margin of error +/- 2.8%)
2 Triple trade-in offer and claim based on phones with a value up to $100. Limited time offer. Valid on purchase of select Cricket phones. Credit cannot be redeemed for cash. Phone must power on. Other restrictions apply.