Best Overall: TurboTaxYou save:
Support when you need it. If you get a larger refund or smaller tax due from another tax preparation method, we’ll refund the amount paid for our software. TurboTax Free customers are entitled to a payment of $9.99. Claims must be submitted within sixty (60) days of your TurboTax filing date, no later than May 31. Apr 06, 2019 If you have questions, you can look up a long list of FAQs, but there is no chat or phone support with the free software. WATCH: Canadians pay on average 42.5 per cent of their income in taxes.
TurboTax is arguably the name in personal tax preparation software, and its developer—Intuit—charges accordingly. You’ll pay top dollar for this one, but users and experts alike seem to think it’s worth it. It scores kudos in almost every category, from user experience to being able to import a good many employer tax IDs. You can take pictures of your W-2s and 1099 forms rather than type in all the information they include, risking typos and mistakes. There’s an “Expense Finder” feature if you’re self-employed and must file Schedule C. It can lift potentially tax-deductible expenditures directly from your bank account and categorize them, add them up, and input them accordingly. The 2019 version will search more than 350 tax deductions and credits for you to see if you qualify after you enter your personal information.
The software engages you much as a professional would with questions and guidance, although some pop-up messages can be a bit chirpy and possibly jarring when you’re concentrating. Think comments like “You’re doing great!” interspersed with questions designed to dig your tax data out of you.
If you get confused or otherwise hit a brick wall, TurboTax offers experts to chat with if you use the online version. It also has a “SmartLook” feature that will put you face-to-face with a tax expert, and it offers audit support. And if TurboTax makes a mathematical goof? They’ll pay all associated IRS penalties on your behalf. They also offer free audit support.
- Start for free and get the best tax refund with UFile, Canadian Tax Software Online, easy and fast. UFile tax software Canada - Your taxes, your way.
- H&R Block Canada reserves the right to cancel or extend this promotional offer at any time, without notice. + Does not support Form T1273 -AgriStability / AgriInvest Programs. ♦ If you find another tax software preparation method that results in a larger refund (or smaller liability) than that calculated by the H&R Block online tax software.
- Apr 16, 2018 TurboTax Free. Company: TurboTax is part of the Intuit family and is Canada’s number one tax software, providing free options for Canadian tax filers for more than a decade.
Free Software For Income Tax Return Preparation Canada
So how much will all this cost you? $79.99 if your tax situation is pretty simple. And if you act fast and file before the 2019 tax season officially gears up in late January, you can shave $30 off that. The actual cost to file is free for both state and federal returns…at least for the time being. You can expect this to increase to $39.99 for federal returns and $36.99 for state when tax season gets underway. And each time you want to do something that falls outside the “simple” range, you’ll be asked to pay for it or upgrade to a different program. Think itemizing deductions, reporting income from investments, or self-employment.