SnapTax App

SnapTax is a software platform designed to assist freelancers, independent contractors, and 1099 workers with tax planning and management. It addresses the challenges of estimating and paying quarterly taxes, helping users avoid IRS penalties and underpayment issues by providing a comprehensive view of their federal and state tax liabilities throughout the year.

The tool offers real-time tax projections based on current IRS tax brackets, self-employment tax rates, and standard deductions across all 50 states. Users can enter their income and deductions to receive estimated quarterly tax payments, due dates, and projected annual tax owed. SnapTax features AI-powered expense categorization, allowing users to upload bank statements in CSV, PDF, or OFX formats, with transactions automatically sorted into Schedule C categories. The platform includes a GPS-based mileage tracker that generates IRS-compliant audit logs, as well as a receipt management system where receipts can be snapped, emailed, or uploaded, with OCR extracting relevant details like vendor, amount, and date. An asset depreciation tracker is available to handle Section 179 and bonus depreciation for equipment and vehicles. Additionally, SnapTax generates monthly and annual profit and loss statements, and users can export Schedule C data in TXF format for use with TurboTax.

SnapTax is intended for a wide range of self-employed professionals, including freelancers, gig workers, consultants, real estate agents, rideshare drivers, content creators, and small business owners who file Schedule C or receive 1099-NEC or 1099-K income.

99 per month, provides manual income and expense logging, quarterly tax estimates, and TurboTax export. 99 per month adds features such as bank statement uploads, AI categorization, profit and loss reports, asset tracking, receipt management, and mileage tracking. 99 per month includes additional tools for itemized deductions, qualified business income, home office, retirement, and capital gains tracking.