Works well, but price is significantly than last year. Also, would prefer to download software to do the return rather than having to login for every session. May consider other software next year because of cost.
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The one complaint I have is how many times the ad comes up to promote the additional services.
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This year's tax return was harder to complete than in previous years. My tax situation has not changed, but the process was more complicated.
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While there are a few places where missteps are possible, for the most part this software is made for dummies.
The requirement of each co-owner of rental property submitting the total rental income (not their percentage) should be stated upfront not in a 'explanation link'. I remember having to check this each year. I know that the software calculates the indicated percentage of the total to be assigned to each co-owner, but I usually forget that this is the case until I do my own calculation and then find out that I should have used the total for each person in the first place.
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Product is user friendly however at the end when it asks to review some items that may need to be entered, I get confused cause these are items I don't understand or haven't heard about
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So easy to use. Like I have an accounting designation!
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Turbo Tax is easy to use. I was done in 20 minutes.
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Prior Tax Prep Method:Went to a tax professional/accountant
Relationship:No Preference
Home:No Preference
Family:No Preference
Business:I don't own a business
Student:No Preference
Overall:
4/5
5742Reviews
Date:May. 29, 2020
Great Product
The auto transfer of information from oner year to the next is a great feature. I find it user friendly and like the year to year comparison of the return information.
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messes around too much with foreign income and tax credits, not straight forward and in the end had to mail in as it won't efile
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Overall a very good product. However, I found at times that it was rather inflexible in the order in which I wanted to enter information, and when trying to check and review information it was sometimes difficult to find the specific data I was looking for.
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You still have to wrangle with receipts, but connecting with CRA eliminates fumbling with the T slips. One thing I would like to see is when you reference a line number, it would be good to be able to go to that line.
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I love using Turbotax - it allows me to find all possible deductions in our family's complex tax situation. The only reason I did not give it five stars is that the price I paid for Premier has gone up 63% over the past two years.
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The online version of TurboTax was easy to use and navigate specially because a lot of he information can be pulled straight from the CRA website.
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I started our returns using the Standard package, somehow it got switched to the Premier version. Found this out at the check out step, can't go back. Paying more for essentially for the same program.
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Interface still a little clunky at times. Warnings navigation sometimes does not work and unselecting an option should automatically delete the associated data instead of asking the user to remove manually.
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Very helpful software for taxes. Easy to follow and enter information. Complete access to the calculations could be made a little easier - but really only for users who want this information.
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Prior Tax Prep Method:Went to a tax professional/accountant
Overall:
4/5
5742Reviews
Date:May. 1, 2020
Easy to Use, Poor value
The software is brilliant. However, for a simple tax return of a married couple it is poor value.
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This year's package worked really well. I'm older and not super tech friendly so I did have difficulty getting the medical deductions started, but once I got into it , it was really easy.
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While TurboTax has a good feature in that CRA data is accessed for T-slips, etc., it doesn't obtain the actual assessed return bottom line information from the previous year. That is, CRA sometimes adjusts what I netfiled & then the year-over-year comparison results in incorrect summary figures.
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I love Turbo Tax, but I wish you would bring back the marginal tax rate info, and provide forms views again.
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One of the first screens asks you if you want to autoload information from the previous year. You actually have to click "NO" or otherwise it keeps wanting you to set up an account. The info will autoload later (if you did the internet version of TurboTax)
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Getting to the end of the return it showed my wife's income to be significantly higher than it was. I rechecked all the T forms and they were correct, I eventually tracked it down to be due to income splitting. While it increased her income it did not show mine to be decreased by the same amount or say anywhere clearly why hers had increased. It cost me a lot of time to figure it out, making it more clear would be an improvement I think.
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Simple to use, speedy filing with CCRA. Only annoying bit: there was nothing to enable me to use my employment affiliation in order to receive the advertised discount I should get as a pensioned employee.
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Good product to use for doing your taxes. Easy to use and only issue is there needs to be a glossary of some of the terms, like communal income, not sure what that is. Otherwise all good.
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It's a good program but it seems to be getting expensive.
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Wasn't sure if i needed upgrade version to file taxes. Too bad there wasn't a way to downgrade prior to netfile.
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Its a good service and has great information, however when it comes to upselling its a little overboard with the audit protection, ID Theft, and Expert Review. If I say no once I would not expect the option to keep coming back on. As far as the Tax Warnings each year they come up and are very much not applicable in the least to my situation this is quite annoying and almost seems like a scare tactic to have someone pay into the Audit protection or the Expert Review.
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This is a good tax program. I do wish, however, that I could easily see the return as it would appear as a paper copy. I'm used to being able to click on the various lines of the return to enter and check information.
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I had finished my tax returns for myself and my wife...or so I thought. I had completed every step EXCEPT sending our returns to the CRA. After 6 months, I just realized/learned that I never filed my income tax returns to the CRA. Now I owe a late penalty fee to the CRA.
I have no idea how I managed not to submit our claims, and the bulk of the onus is on me. But if I had done every step, except submission to the CRA, it would be nice to get a follow up email from TurboTax, say after 3 days or so to remind me of what stage of filing my income tax I am in, to see if I want to continue with the process, or if I have already submitted in another method.
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Turbotax is very user friendly. It was helpful most of last years information was populated to this years tax forms. Paying tax owing was a bit confusing; I am not sure of the issue lay with Turbotax or CRA. Other than payment, filing was made simple.
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