The CRA has had some challenges this year with importing slips into tax software. It would be great if TurboTax enabled importing slips (specifically T5008s) from a CSV file.
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Long time user, but the many forms are getting cumbersome eg: T5008s requires a date and Cap/income before the entry becomes active and copied to correct field in Sch 3, Meanwhile US$ have to be overridden and converted to CAD, while the broker is not displayed. It is easier to use a spreadsheet, and skip - not the point of downloading the data. Cannot selectively down load (eg: CAD or broker only). Painful if you have more than 50 T5008s.
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I've been using Turbo Tax since 2004 when it was branded Quick-Tax. Before that, tax time was a period of cruel and unusual punishment. No more annual heaps of worn out erasers, pencil stumps, paper wads strewn about or self-medication. TT simplifies the filing process & allows me to sees results of changes or options immediately . Saves time, money, allows best decisions for my situation.
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Mostly smooth operations except for a few awkard siturations where I did not know where to click.to get to where I wanted to go.
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I've been usinig turbotax for a long time and CanTax before that. The product has evolved and matured over the years. The self guided data entry makes getting around the tax forms so much easier plus the optimization tools really do help save on taxes paid.
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Love the program though its not perfect. I receive foreign pension income which I split with my wife. Turbo Tax does not automatically prorate the foreign tax deducted to transfer to my wife. I must manually calculate the amount to transfer.
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Easy step by step instructions and reasonable price for tax software.
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fast easy means of completing taxes - covers all the forms needed
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I experienced considerable confusion trying to use TurboTax to handle a donation in-kind of stocks. The software's implementation and error messages for T5008 and T1170 did not go smoothly for me.
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The most frustrating aspect is the software showing redundant questions that don't have any connection to my return plus flagging stupid areas that I have mentioned to Turbo Tax previously. ie: financial institution info on T3 (boxes 52 & 53) & a flag comes up " disposed of property owned less that 365 days". I complained about 3 similar things. Do they flag them to try to get people to pay them extra for help??
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I have used TurboTax for many years. The more it is developed to smoothly synchronize with CRA's needs and wants, the more it seems like a CRA agent. I make up my wife's and my returns and find the review process demands myriad information and figures that were unexpected. I hate to have both returns open on my PC at the same time in fear that the info will flow back and forth between our tax records and that small info will get passed that necessitates continual reviews before final printing.
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The software is relatively easy to use. However you should review all of your entries to ensure the results makes sense.
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Turbotax Standard is an excellent assist for Canadian tax filing. Using it in sequential years saves on data entry, avoiding simple errors. The optimizers are really beneficial. They help to ensure your best value return for you and your partner.
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A little "buggy". Had some difficulty accessing what I needed but otherwise straightforward and easy to use. Prefer the CD version...much less hassle.
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Some problems with software this year for first time may be due to cap gains screw up.Not always obvious instructions. Not easy to find medical travel claim info.
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Some of the questions are confusing and not enough explanations without going to CRA which is even more confusing. Error messages are not specific enough. I've used Turbo Tax for many years doing our family. Gets more confusing each year. Is it you or the CRA?
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Ok. Still more simplification needed for those without accounting knowledge, Appreciate being able to print forms for donations and medical expenses,
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Should tell people that T1135 can be filed with Netfile upfront, not until you try to Netfile.
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CRA form change so had to phone CRA a couple times to tell me where to enter amounts. Not turbo tax problem.
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This is my first time using Turbotax and I must say it was quite simple.
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you changed the need to add "date" to the T5008 camp gains entry. It took my a call to TurboTax and a lot of wasted time / frustration to detemine this is why my entries not going into T3 form. PLEASE have flag or note, if change thngs like this. Thx
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I've used TurboTax for multi years; usually simple. Used Standard version, entered data myself rather than autofill. Entry of all our documents was straight forward and simple; the process works very well. The Review process triggered additional fields requiring entry, although they were not intuitively obvious anywhere. A warning about non capital loss and form T691 was troublesome to sort out. New warning this year, so I assumed it was causing the Netfile issues noted below; not so. After trying to Netfile several times and receiving a rejection without an error code, a new Review warning showed up suggesting checking to make sure one's Access Code was correct. (It wasn't). Between CRA and Turbotax, I should have received a message like "your Access Code is incorrect". It would have saved me three days of rechecking everything.
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The forms and TSlip entry screens are too small. Allow for changing the font size to ease data entry.
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This Intuit software got me through yet another round of annual tax-preparation with less than a day spent with the forms. So far, so good. Thank you.
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Turbotax does'nt fix issues in a timely manner. For example not being able to NETFILE returns when you offset current year Cap Gains against prior years losses using "Loss Worksheet". I had to file my returns on April 19, 2025 without using gains offset
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Have used the disc version all these years. This year decided to download package and it was surprisingly so fast. Thank you.
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The software is better this year because it actually saved the file. First year ever. Finally fixed that terrible bug.
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Using Turbo Tax for tax returns is a fairly simple process.
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Great software year after year. However this year, even after purchasing received way too many emails asking me to purchase the software. Also, too many attempts to upsell when completing a tax return.
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For the most part, TurboTax is good. It is not TurboTax's fault that CRA is missing many of the T-slips from the online CRA accounts this year. I would like to be able import my client's T-slips via my Represent a Client account, but this does not seem to be possible. Why not?
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