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For all Canadians reading this, try WealthSimple Tax (previously SimpleTax). It's pay what you want, and it's a solid product. Nonetheless, tax software should
by dragosmocrii 6y ago
For all Canadians reading this, try WealthSimple Tax (previously SimpleTax). It's pay what you want, and it's a solid product. Nonetheless, tax software should be provided for free by the tax organization (IRS, CRA, etc), it's so stupid to pay for doing your taxes, unless you really need an accountant...
- peeters 6y agoNote that this one has fallen out of favour a bit because WealthSimple stopped supporting end-user encryption so that they could mine your data. https://www.cbc.ca/radio/costofliving/indigenous-nations-and-the-economy-plus-why-it-s-so-hard-to-fly-for-cheap-in-canada-1.5469919/the-canadian-tech-company-that-changed-its-mind-about-using-your-tax-return-to-sell-stuff-1.5471400 https://www.cbc.ca/radio/costofliving/indigenous-nations-and... It might still be the best of the available options, but the days where it is an obvious choice are over unfortunately.
- loufe 6y agoThanks for the update, I'll have to plunge back into research this year for a decent software. That's too bad, I was happy using their service and always donated.
- canada_dry 6y agoThe idea of giving all of my financial info to a 3rd party online service just strikes me as a terribly bad idea. I've been using Studiotax free for years... this year they've introduced a fee to use it... so now I'm reconsidering my (off-line) options again. Perhaps if this year we revolted and submitted paper tax forms then maybe the CRA/IRS would re-consider providing their own online system!!
- throw0101a 6y ago> For all Canadians reading this, try WealthSimple Tax (previously SimpleTax). As noted, SimpleTax can mine your data where previously (pre-WS) it did not. A list of NETFILE-certified software is available from the CRA, though as I type this it has not been updated for the 2020 tax year yet: * https://www.canada.ca/en/revenue-agency/services/e-services/e-services-individuals/netfile-overview/certified-software-netfile-program.html https://www.canada.ca/en/revenue-agency/services/e-services/... I've mostly used StudioTax, which is a client run locally: in the past it's been donation-supported, but starting this year you will have to pay CA$ 15 to upload your data. The 2020 version is currently available (but not yet officially certified). It allows you to log into your CRA account and fetch all the available T3/4/5 data that has been uploaded by financial institutions.