I love TurboTax and have used it or QuickTax prior to the changeover. There are still problems with some links. I will click on a number that has appeared on my T1 cover, but the link doesn't show me where the number actually came from or how it was calculated.
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The information on where to add the German Pension into the TurboTax needs to be reviewed. I am 80+ and have been using Turbo Tax Standard for a few years now for the pension optimizer. Before I begin, I do the taxes using the CRA forms by hand, then compare the results from Turbo Tax. The pension information is not being added on the appropriate Revenue Canada form fields, so I have been overriding the amounts in the actual forms before submitting.
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if you download t5008s from CRA, it will make a mess. Enter them from a summary sheet provided from your broker.
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with T1135 and unable to enter additional rows. Unsure whether or not OK to netfile the T1135 even if CRA would accept it. Also unclear whether or not OK to delete the t5008s.
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My first time using Turbo Tax and made filing really easy! Beats paying hundreds of dollars more to an accountant that really does the same thing. I'm sold!
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I prepared 4 returns and on each one I indicated that TSOI did not apply. In each case, the eight pages of the NIL return was sent by NETFILE, and also printed out in the file copy. A WASTE OF 32 PAGES OF PAPER.
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I like the ease with which you can work through the taxes.
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This is the first time ever using TurboTax. I would recommend this to anyone.
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Life Changes:My job status changed this year (switched jobs, lost a job, got a raise, or promotion)
Prior Tax Prep Method:Went to a tax professional/accountant
Relationship:I'm married
Home:No Preference
Family:No Preference
Business:No Preference
Student:I'm not a student
Overall:
4/5
14727Reviews
Date:Apr. 29, 2019
So easy, so quick
Still the best product on the market. I still wish there was a comma separator for the thousands. I also wish there was a version for Mac (not including the on-line offering).
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This year (2018) I had trouble getting the software to deduct the correct medical expense number. The system automatically selects the applicable dates for the period that expenses are deductible, which did not provide the maximum deduction. I had to override dates on the maximization work sheet to get the correct amount for deduction. Not sure why this happens.
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Like the program, but wish I could use the multi-return version on my Mac. It is a long issue for Mac users.
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This is a good program, especially the EasyStep which insures you enter all the necessary information. The price is about what you might pay a tax preparer to do a simple return. If your return is more complicated and you have a good idea of what to do to prepare your return, you'll save money but you will also spend a bit of time which you might prefer to spend on the golf course!
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I have used TurboTax for several years now, and have always been satisfied.
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Tried to purchase Audit Defense after filing only because I missed any warning that it must be purchased BEFORE filing. I was specifically looking for this and then spent much wasted time going around in circles.
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Good product, but for the person like me that only looks at this stuff once per year we need to brush up on the software every year as it seems you need to have a pretty good grasp on all the CRA forms and tax sections before starting your return.
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The option that reads, "No, I don't use direct deposit or my direct deposit info hasn't changed" should be split into two distinct options ("No, I don't use direct deposit" and "No, my direct deposit info hasn't changed") to avoid confusing users.
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This tool definitely makes my life easier! Thank you Intuit! Lower the premier price a bit and I will start being your biggest promoter. MHA
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Still too long and needs a copy and paste feature.
Still needs to be more user friendly and helpful on tax question as far as what allowable.
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I used to have a tax account do my taxes and noted he made a few mistakes. Although with investments you are still required to do your own calculations (US dividends & Capital Gains), using the quick fill forms helps speed up things.
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rental property with spouse is challenging to enter the % ownerships etc.. could be easier!
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I sometimes found it hard to get back to a particular screen I wanted to review. Couldn't find it easily so had to search back and forth.
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Problem with Split Pension Income - when checking totals, just loops between 3 or 4 entries with no ability to override. ????
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DON'T FILL IN T5008 USE SCHEDULE 3 UNTIL CRA MODIF
all went well except I filled in t5008 as best as I could and found on my final copy that I didn't have any credit for my losses ie after I had already submitted [filed my return], re reading instructions anD chat sessions with help were not any help so I filled in schedule 3 and low and behold there were all my losses recorded and showed an increased refund but can't find out how to resubmit a modified file? before deadline
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Needs improvement in guidance regarding foreign employment income and tax credit calculations
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Would have loved there to be a hyperlink to the CPP calculator, and for some reason this did not import my previous year return personal info.
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Bought the Turbo Tax Premier at Costco like last year. Easy to use. Very hepful tax accountant that we purchased on their online service - James from Quebec. TurboTax needs to keep him every year. Super helpful and reduced our income tax owing by $2K. Only area I would improve is the phone in service to connect with an accountant to review your TurboTax return. I phoned four times and had to go through the same five questions (email, name, phone number etc) with a computer generated voice. How can this be skipped after one time?
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Was prompted to upgrade from Standard to Premium. With new investment forms never encountered before the Premium was very helpful. Information was autoloaded as well.
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Turbo Tax customer service via phone can hold your hand through any problems/confusion that you may encounter while completing the forms
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I found TurboTax very good over all but there are a couple places were it could be improved. Most notably, the help info for self-employment income. TurboTax required an industry code for the income but did not include the codes. A link was provided to the Stats Canada site but it resulted in an Error 404. Finally, I was able to track the information down in the Taxes section of the Canada.ca web site but the code I selected (611000) did not satisfy the program when I tried a different code (611710) the program was satisfied; however, both are valid industry codes. Other than that, it would be nice to be able access a breakdown of cumulative amounts that are added together on a line (ie line 212) when the amount shown is drawn from more than one source; this would greatly facilitate accuracy checking. Thanks!
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