What is the easiest tax software to use in Canada?
- Asked By
- Updated On:15-Sep-2023
- Replies:1
Short Answer
In Canada, you will find many easy-to-use Tax Software like Turbo Tax, WealthSimple Tax, and H&R Block, etc. Discover the easiest tax software to use in Canada. Explore features, details of tax software for Canadians to file their returns easily.
Detailed Answer
There are plenty of Tax Software in Canada. But Turbo Tax is one of the easiest and well-versed platforms for users. You can use its free version to file simple returns and tax forms. This platform is also compatible with Windows, Android, Mac as well as_ iOS_.
TurboTax Free provides a high level of accuracy and can handle RRSP contributions, deductions, and credits. There are some paid versions if you want to file a complicated return. Such plans start at $20.99 only.
Features of Intuit TurboTax
Here are the features of Intuit TurboTax software:
- Instant Refund
As you input the income and various figures, your refund (if any) will be computed simultaneously. So, you don’t have to worry about calculating again and again. TurboTax will automatically tell you the status of your refund.
- Stepwise Guidance
When you use TurboTax for filing returns, it will start systematically by asking you questions related to your wife, children, and employment. Then only it will guide you on filing the return.
- RRSP Optimizer
RRSP has the potential to increase your refunds and tax savings. On TurboTax, you will find an RRSP Optimizer that will help you get the most out of it. It will also help you decide the optimum amount of RRSP for you and your wife.
- Pension Optimizer
When you file your tax return, it is important to look for pension income. TurboTax has a pension optimizer that will assist you in properly distributing this income between your spouse and you for better tax filing.
- Return Review
Before filing the return, this software will detect all errors and guide you with tax-saving options. When your return is accurate and best, then only it will go to the next step. This way you will get the best tax outcome.
- Audit Defense
In the case of CRA audits, TurboTax will have its tax representative ready in your defense. Be it personal income return or business return, their advisors and representatives are experts in handling all kinds of situations. Their experts will stand on your behalf.
- Taxes anytime
The software is available on mobile, tablets, and laptops. So, you can file and assess your income anywhere and anytime you want.
Hence, with such easy Tax Software in Canada you can compute your taxes quickly and accurately.
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Discussion (0)
Yes, you can use TurboTax for free. Unfortunately, the free version only covers simple returns and basic features. For remaining you must have a paid account.
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