The interface, for one, will make you think you’re chatting with an experienced tax preparer. TurboTax is known for its user-focused products. This way, you get quick answers to your urgent questions or concerns. One on One Consultations – With SmartLook, you have access to one-way video communication with a tax specialist.Tax Refund Options – Get your tax refund the way you prefer – by check, direct deposit.Built-in Security – TurboTax will safeguard your personal information, allowing for a worry-free tax return filing.You’ll get access to a one on one tax audit assistance from an experienced tax professional. Assistance in Tax Audits – Each personal tax return filed with TurboTax comes with the backing of the software’s Audit Support Guidance.Quickly Capture Your T4 – Just take a snapshot of your T4 using your smartphone, verify your information, then watch as the data is placed securely into the proper tax forms.Get Your Refund Fast – By electronically filing your tax return, you can receive your tax refund the fastest time possible.CPAs Live and on Demand – For your peace of mind, you can have your return checked by an experienced CPA through TurboTax Live. If the state penalizes you or charges interest due to a computation error, TurboTax will shoulder the expense. The software runs thousands of error checks to make sure that you come up with the correct amounts once you double check your returns before filing. Proper Tax Computation – Calculations are guaranteed to be 100% accurate.It has remained among the top-selling tax software in North America by keeping updated with the most recent tax laws, and continuously offering innovative technology.įollowing are some features that make TurboTax a cut above its competitors: TurboTax has been on the market for over 3 decades now. The savings alone may be worth more than what you pay for a paid TurboTax version. The software will also help you find the applicable credits and deductions so you can optimize your tax savings. If you are not familiar with the workings of the Canadian tax system, any of the paid versions can help you go through every step of the process. There is a TurboTax version that can efficiently deliver. TurboTax is designed to meet most taxpayers’ needs, including simple, complicated, and self-employed returns. In case you need one on one live support, however, you cannot get it with the free version. This means you will get some assistance if you are under a tax audit for any reason. Whether free or paid, TurboTax offers the Audit Support Guarantee. Each of these versions can help you save money through charitable contributions and other deductions. These are the Deluxe, Premier, and Self-employed versions. There are three TurboTax paid versions, with prices ranging from $39.99 – $89.99. On the other hand, if you have a more complicated tax situation, you may need more than the free version. It is also suitable to use if you have no intentions of taking specialized deductions or credits. This is sufficient if you don’t itemize your returns. TurboTax offers a simple version for free. The software is NETFILE-certified and has the approval of the Canada Revenue Agency. It also helps you save on fees, and get the maximum refund possible. It can not only help you conveniently file your tax returns. TurboTax Canada is currently one of the most preferred online tax software in Canada – for good reason. In 2018, over 88% of tax returns were submitted online, mostly using the EFILE and NETFILE methods. The past few years have seen a significant increase in taxpayers filing their returns electronically.
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