For many, the upcoming tax season promises to be as enticing as a forced quarantine with their ex. Completing your tax return yourself is easy, however, especially if you are accompanied by the right software. Here are three to consider.
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Those who have never completed their tax return will be surprised by the simplicity of some software available on the market, which takes users by the hand by asking them clear questions, as a professional accountant would do on a first visit. . “It’s easy to access, clear and intuitive software,” confirms Capucine Cloutier, who over the past few weeks has overseen the testing of seven tax software programs for the consumer magazine Protégez-Vous.
Filling out your declaration yourself with software saves time, especially in the long run. When you visit the next few years, all your information will have been saved, so you won’t have to answer questions again or dig through your old reports to find the number on the line. 17trick and the total in the appendix A2thing. The time saving is substantial.
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These software are simple, but are they effective? To answer this question, Protégez-Vous had no less than 42 declarations filled out by accountants. For each of the seven software programs tested, six profiles were tested (self-employed worker, salaried worker, salaried worker telecommuting all year round, etc.).
“With the best software, the calculation deviations from what was expected were very minimal,” notes Capucine Cloutier. And, icing on the cake, the software is not expensive: $20 on average for an online declaration, and even free in some cases, compared to at least $50 from a professional accountant for a simple declaration.
The three software to consider
Here are the three best rated software according to Protégez-Vous. All are adapted to the needs of employees (including telecommuters), students and self-employed workers.
UFile
The software that ranked best this year in the Protégez-Vous awards, with a score of 94%. UFile stands out for its ease of use and the accuracy of its calculations.
Format: online or download.
Price: $20 for the online version.
TurboTaxes
The other software recommended by Protégez-Vous, with a score of 89%, stands out in particular for the effectiveness of its assistance for those who have tax questions.
Format: online, for download or as a mobile application.
Price: $20 for the online version, free for ages 25 and under.
Wealthsimple Tax
Wealthsimple’s tax software is as effective, accurate, and easy to use as the top-rated software, but this one lost points for customer service and data security issues, which don’t were not answered by the editor, which lowered his rating to 74%.
Format: online or as a mobile app.
Price: free with voluntary contribution.