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As my tax forms start flowing in from various sources, I was planning on picking up a copy of QuickTax 2007 to do my taxes on, but it seems like Intuit has tried to make some things a bit harder to do this year? I came across a post where it notes that the standard version of QuickTax makes it very confusing to enter in investment income (amongst other things). What the hey?
I have since considered alternatives. UFile comes to mind, but I would prefer to do everything locally. What do you guys use?
Thursday, January 31, 2008 at 17:05:20 (UTC)
I've used uFile for the last 4-5 years. I know it's impossibly stupid to do my taxes through a web browser, but one year I did my taxes the pencil-and-paper way, and uFile came up with $500 I couldn't. Since then I've been using uFile.
Afterward you download a PDF of your taxes, and a .TAX file that you can upload to Canada Revenue
Stephen Clark
Thursday, January 31, 2008 at 22:54:44 (UTC)
I'm downloading a trial version of GenuTax right now to see what it is like. Also, GWG mentioned that he will be using the 2006 version of QuickTax for this year's taxes. Okay.
QYV
Friday, February 01, 2008 at 14:45:18 (UTC)
Being the quintessential cheapskate, I use Studiotax.
http://www.studiotax.com
The software is FREE (unless you wish to make a contribution) and allows you to NETFILE. Of course, with it being free software there are some major caveats:
1) No fancy shmancy wizards to take the pain out of completing the return. It's almost like filling out your tax return by hand (but without the calculator). So, if you're clueless, this is no substitute for RTFM'ing the tax package.
2) Limited to simpler tax situations. Read the section on limitations before committing to it.
Hmm, do the tax software packages allow for different people to file returns? Since the packages come with something like 5-returns, you can try sharing the package between people.
---HKL
Grinning Reaper
Wednesday, February 06, 2008 at 15:00:31 (UTC)
Yes, most tax packages do allow you to file multiple returns. However, depending on the software, there are certain limits. QuickTax used to allow for five returns on one copy of the software. I think UFile is still five. GenuTax allows up to twenty, but that is because of the CRA mandated limit of twenty NETFILE returns per program. There are tons of other software packages out there too, but I have been impressed with GenuTax so far, so I might go with it. The problem I see with GenuTax is that there is no way to update the forms directly, you always need to go through the wizards.
QYV