![]() TurboTax makes it easy to file your tax return online without using an accountant. Intuit operates in several countries, including Canada and the United States. TurboTax is a tax preparation software owned by Intuit. If you have investment income to report or are claiming employment expenses, you will need a different product. TurboTax Free works for simple returns only. To qualify, you must be 25 or younger as of December 31, 2022. If you are 25 years or younger, you may be able to file taxes for free using TurboTax Free. It can be difficult to decide which package is best for you TurboTax Free If you have a simple tax return, TurboTax is free to use. You can file your taxes yourself, get expert help, or hand it over to a professional entirely. TurboTax offers many different paid packages to help you file your taxes, no matter your situation. However, TurboTax Live is not available in Quebec. TurboTax supports all provinces and territories in Canada.If you prefer to hand off your taxes to an expert who will do it for you, choose the TurboTax Live Full Service packages, from $89.99 to $179.99 per return.Get expert help filing your taxes with Assist & Review packages, from $39.99 for a basic return to $89.99 for a Premier return.It searches for industry-specific deductions, can handle foreign currency, and covers ride-sharing, consulting, online sales, and more. Self-employed packages cover personal and business income & expenses.Prices vary based on if you do your taxes yourself or get expert help. TurboTax also offers packages for self-employed individuals, from $49.99 to $279.99.You can file your taxes for free if you have a simple tax return.It includes everything in Deluxe, plus it covers rental property income and expenses, capital gains and losses, income and expenses from crypto, bonds, and stocks, and it handles foreign income. Premier: $34.99 – for those with investments.It includes everything in Free, plus it identifies tax-saving opportunities, it searches over 400 credits, you can claim employment and medical expenses as well as donations, and it optimizes your return for the best result. Deluxe: $20.99 – to maximize tax deductions and credits.If you’ve used TurboTax before, it automatically imports the information from your previous returns. It imports slips from the CRA, covers employment, unemployment, and pension income, and handles RRSP contributions and Covid-19 benefits. Free: $0 – for simple tax returns only. ![]() TurboTax offers 3 tiers of service when you file your own taxes: Free, Deluxe, and Premier.This version of Quicken retails for $36 per year. In addition to TurboTax, you get a free one-year trial of Quicken Starter Edition 2021 that helps you manage your day-to-day finances. Plus, the software has an audit risk meter that shows your risk level of having an appointment with the IRS based on the information you supply. The software can also help you get an accurate deduction for mortgage interest and property taxes. ![]() You get free product support via phone, and the software is designed to help you maximize your return with more than 350 potential deductions and credits. It covers federal taxes and includes one download of a TurboTax product for your particular state. TurboTax Deluxe 2020 software helps you figure out your yearly taxes with a lot of hand holding. ![]()
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