Tax return software for Canada
#16
Lost in BE Cyberspace
Joined: Nov 2011
Location: Somewhere between Vancouver & St Johns
Posts: 19,849
Re: Tax return software for Canada
#18
Lost in BE Cyberspace
Joined: Nov 2011
Location: Somewhere between Vancouver & St Johns
Posts: 19,849
Re: Tax return software for Canada
It may take some time to look through the 15,435 posts you have made although other BE posters might be able to help me out.
Well dependent on your definition of irresponsible then this could be construed as irresponsible
b : said or done with no sense of responsibility <irresponsible accusations>
Post 2587 The Toon Army Thread in the Maple Leaf section
I don't want to get cocky, but I think Andre Villas-Boas will be next out.
Perhaps on Saturday afternoon?
If I was a Chelsea fan Id consider that irresponsible and seeing AVB is still at the club.
Or how about post 41 in the Cities of Saskatchewan thread.
Did you find and post about the 5 murders that weekend although I realise that your son gave you the info. Did those 5 murders happen and if they didnt isnt that irresponsible to be posting such information?
Well dependent on your definition of irresponsible then this could be construed as irresponsible
b : said or done with no sense of responsibility <irresponsible accusations>
Post 2587 The Toon Army Thread in the Maple Leaf section
I don't want to get cocky, but I think Andre Villas-Boas will be next out.
Perhaps on Saturday afternoon?
If I was a Chelsea fan Id consider that irresponsible and seeing AVB is still at the club.
Or how about post 41 in the Cities of Saskatchewan thread.
Did you find and post about the 5 murders that weekend although I realise that your son gave you the info. Did those 5 murders happen and if they didnt isnt that irresponsible to be posting such information?
Last edited by Former Lancastrian; Jan 12th 2012 at 12:22 am. Reason: Updated info
#19
Re: Tax return software for Canada
I use Ufile. Keeps the stuff from year to year, web based, and I think it costs me about $25 a year for two returns. Piece of cake to use (I did the first one manually and although it's simple enough there is a ton of faffing about with extra forms, so I'm never doing that again).
#21
Re: Tax return software for Canada
Do it manually. Especially if it's only a partial year. It may take longer but if you're new to the country you should take the time to learn how the system works, if your wife is a CPA I can't believe it would be tough for you to figure out.
Read the general guide for the T1, it's not hard.
Read the general guide for the T1, it's not hard.
#22
Re: Tax return software for Canada
But anyway, yes there are pitfalls in TurboTax, I won't bore you with them, because you wouldn't understand them anyway if you don't understand the tax system.
But as posted above - as an immigrant you should learn how the tax system works in Canada. Using a piece of software won't teach you that.
I also have a major aversion to paying for something I can do for free (although there are a couple of free T1 preps that are okay). Also I think using software makes the job of the CRA too easy, which makes them lazy and also means it stops the Govt. from simplifying the tax system. I've spoken to too many people at the CRA who are wizards at which button to press but lack basic knowledge of accounting.
You should also watch this: http://www.youtube.com/watch?v=vnb7R79QPWA
#23
Re: Tax return software for Canada
I also have a major aversion to paying for something I can do for free (although there are a couple of free T1 preps that are okay). Also I think using software makes the job of the CRA too easy, which makes them lazy and also means it stops the Govt. from simplifying the tax system. I've spoken to too many people at the CRA who are wizards at which button to press but lack basic knowledge of accounting.
You should also watch this: http://www.youtube.com/watch?v=vnb7R79QPWA
You should also watch this: http://www.youtube.com/watch?v=vnb7R79QPWA
The fast turnarounf is why I use the cheapest software I can find that does the job accurately.
I cant say I found out anything doing it with pen and paper that the software I didnt lead my to anyway via its interview format.
#24
Re: Tax return software for Canada
Also I'm not convinced over the years it is actually true, because there was that big scandal about people claiming the medical costs exemption without being qualified for it - because if you file electronically you keep the receipts, so that makes fraud easier. Look at that massive scandal they've had in Florida with people filing fake returns using identities from ancestor.com
Besides, I want my money back ASAP, which efile makes happen, and thats only an option with software.
#25
Re: Tax return software for Canada
Its never taken me more than 10 days to get a refund via efile, but never less than 3 months with a paper return.
They still audit efiled returns, you need to keep your receipts. In fact, if there is a downside to efile its that it allegedly increases your odds of an audit for the reason you stated.
I suspect you are pissing against the wind if you think paper returns will cause a change in Government taxation and CRA policies.
They still audit efiled returns, you need to keep your receipts. In fact, if there is a downside to efile its that it allegedly increases your odds of an audit for the reason you stated.
I suspect you are pissing against the wind if you think paper returns will cause a change in Government taxation and CRA policies.
#26
Forum Regular
Joined: Mar 2008
Location: Canada
Posts: 206
Re: Tax return software for Canada
I've used Ufile online for the last few years, after my regular accountant retired. Wished I used it before, it was fairly straightforward.
I have also used a free program to check how next years funds might be doing, and it seems pretty good as well.....the price is hard to beat
Anyway, here's the link, they already have the 2011 version available for download but it's a pre-certified one for use before the start of filing season-
http://www.studiotax.com/
I have also used a free program to check how next years funds might be doing, and it seems pretty good as well.....the price is hard to beat
Anyway, here's the link, they already have the 2011 version available for download but it's a pre-certified one for use before the start of filing season-
http://www.studiotax.com/
#27
Re: Tax return software for Canada
I also have a major aversion to paying for something I can do for free
#28
Joined: Aug 2005
Posts: 14,227
Re: Tax return software for Canada
Not that doing it yourself counts as free in my book. It takes time - I value my time a lot more than the cost of the tax software.
#30
Re: Tax return software for Canada
Generally if you pay someone else to do your taxes you are still going to burn up your time getting all the documentation, receipts, T4s, investment income slips etc etc etc together anyway, much like hiring an immigration consultant I guess.