The TurboTax Live Full Service is also available for self-employed individuals and includes “Audit Defence”. You answer a few questions, and they optimize and complete your return, review it with you over the phone, and file it with the CRA once you have signed off.Ī TurboTax expert does all the work so you don’t have to worry about anything. What TurboTax Full Service does is to have an expert complete your taxes on your behalf.
You can get a 15% discount on this service here.Cost for self-employed return: $99.99 per return.Cost for personal return: $79.99 per return.This service is also available to self-employed individuals. When you have completed your return, they perform a complete review before you file to endure nothing is missing. With TurboTax Live Assist & Review, you get access to unlimited tax advice from a tax expert.
The main TurboTax Live offerings are: TurboTax Live Assist & Review If you will need expert advice to complete your return or prefer someone else to do it, TurboTax Live can help. In some cases, you may want a tax expert to help you figure out how to: That said, everyone’s tax situation is different. They also offer step-by-step guidance to help you complete required tax forms and take advantage of applicable tax deductions. Īll three paid packages are available on a do-it-yourself basis with access to some support via email, phone, and chat. You can get a 15% discount on any of these TurboTax products here.
A free online tax software you can use for basic and simple returns.TurboTax offers tax preparation software you can use to prepare your tax return. Related: Work From Home Tax Deductions in Canada How TurboTax Works But like an accountant, their experts have years of tax experience.Īlso, it is secure and offers guarantees that we will cover later in this article. Unlike meeting an accountant in person, this service is a lot cheaper and you can complete your taxes from the comfort of your home. The company recently introduced its TurboTax Live product (Assist & Review) & service (Full Service) which essentially provides access to tax experts who assist you with filing your tax return. TurboTax products and services have been used by millions of Canadians over the last decades. It is managed by Intuit, the same company that owns QuickBooks and Mint. TurboTax Live is one of the tax preparation services offered by TurboTax.
This TurboTax Live review covers its features, benefits, cost, downsides, and more. Whether you are an independent contractor, freelancer, self-employed individual, or small business, an affordable online tax service such as TurboTax Live can help.Įven if you don’t fall into these categories, this service is useful if you’d rather avoid the hassle of doing your own taxes or you are looking to avoid errors and maximize your tax refund. What options are available to you this tax season if you are needing expert help with your taxes? It also led to a rise in gig workers and freelancers, as some areas of the economy (such as food delivery ) grew at a record pace. The pandemic forced many to work from home and decimated the global economy. For some, it is an opportunity to get a nice tax refund and have extra cash to spend on their New Year’s resolutions.įor others, tax season is that dreaded time of the year when they have to shuffle hundreds of receipts, payment slips, and tax documents and worry about missing deductions or getting audited by the CRA.Ģ021 was a significant year for many reasons. Tax season means different things to different people. The 2022 tax season is around the corner when Canadians are required to file their income and benefit returns for the 2020 tax year This post was sponsored by TurboTax, however, all views and opinions are mine.