income tax preparation software free download

TurboTax is one of the most popular online tax return software in Canada. My general advice is that if you are in doubt, start with the free version and only upgrade if required. However, the software provider may have restrictions based on your income level, and there may be limited to no phone or email support available. Typically, the free version can handle most tax situations. Here are some tax software certified by the CRA for NETFILE tax return submissions. They all offer free options to file your taxes, and some have paid versions as well. For questions relating to using File My Return, call CRA at 1-80.

Individuals who qualify for this service receive an invitation letter in February with instructions on how to proceed. Starting in 2018, CRA now offers a “File My Return” service that lower-income Canadians can use to file their income tax and benefit return for free. If you are uncomfortable using NETFILE or have a complicated tax return and require professional help, an accountant or tax preparation firm can use EFILE to file your tax return for a fee. Tax return submissions through NETFILE go directly to the CRA in a secure format.ĮFILE is an electronic submission service used by tax preparers to transmit your income tax return information to the CRA. To prepare your online tax return using NETFILE, you must use CRA-certified tax preparation software such as TurboTax and several others. NETFILE is an online transmission service provided by the Canada Revenue Agency (CRA) for individual filers to send in their tax returns without needing paper tax forms.

There are two main ways to file your taxes online in Canada, i.e.

Wealthsimple Tax (the best free tax filing software).

TurboTax Free (overall best tax software in Canada).

Tax Preparation Software FAQs Best Free Tax Software in Canada

Income tax preparation software free download