Turbotax is an online or desktop tax-filing software that was developed by Intuit (Canada’s subsidiary of American firm Intuit). Intuit Canada is a Canadian company that provides tax application and filing solutions since the mid 1980s. Turbotax is their most well-known offering. Turbotax helps Canadian taxpayers to save time and money by offering a user-friendly and reliable tax filing environment π οΈ πΊπΈ π° π¨π¦ !
Turbotax is available in both online and desktop versions . The online version can be accessed through Intuit’s website enabling users to securely store organize and complete their taxes from any computer with an internet connection π» π. In contrast, the desktop version requires installation on a computer in order to be utilized π π» οΈ.
The 2018 version of Turbotax Canada was released on October 4th 2017 and is designed for use with the 2017 tax year π¨π¦ π. It features a variety of improvements over the previous version consisting of an improved user interface improved support for new tax credits better support for investments and a streamlined filing process. The 2018 version of Turbotax also provides users with access to the most recent tax laws and regulations and offers helpful tips and advice to aid in the tax filing process .
Intuit offers a free version of Turbotax which covers the basic filing needs of most Canadian taxpayers π π οΈ. It includes the ability to prepare print and e-file up to 10 personal tax returns and supports a many common deductions credits and other tax benefits οΈ π.
For Canadian taxpayers with more complex returns, Intuit offers a variety of premium Turbotax packages. These include the Premier Home & Business and Self-Employed versions of Turbotax π. These packages offer more comprehensive tax preparation and filing capabilities, consisting of things like the ability to maximize deductions, and credits, prepare multiple returns, and access expert help, and advice .
Turbotax Canada can be downloaded from the official Intuit website π π¨π¦. Once the program has been installed users will be prompted to create an account and follow the on-screen instructions to begin the filing process . Turbotax will then walk the user through the process of filing their taxes . It will prepare the requisite forms, automatically calculate the userβs taxes, and provide helpful tips, and advice to make certain that that the user is filing their taxes correctly and getting the most out of their deductions and credits .
When the taxes have been prepared and the user is ready to file they can use the secure and encrypted e-filing feature to quickly and easily submit their tax returns directly to the Canada Revenue Agency. The e-filing process is typically much faster than mailing in a paper return and ensures that the userβs return is processed quickly and accurately οΈ.
Turbotax has earned the trust and loyalty of Canadian taxpayers by offering secure and encrypted e-filing capabilities that give users access to up-to-date tax laws and regulations π. With its 2018 version, Turbotax promises to make the tax filing process less tedious for Canadians . ! .
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