QuickTax
is the first of four different tax programs that we’ll be having a look at over the next 2 weeks. I entered my tax info into all four programs to get an idea of how each one works, and while they have many similarities, each one also has it’s own strengths and weaknesses.
QuickTax is the #1 selling tax software in Canada for a reason. Intuit, Quicken and QuickBooks are well-known brands and no other software includes as many additional features. I tried out the Standard version of QuickTax, which is likely the best version for the majority of Canadians. There is also a Premium version that may provide some additional benefit for investors. If your tax return is very simple, there is a Basic version, though you might be better off with one of the free tax programs available.
I found QuickTax easy to install. Just a few clicks and the software was installed and immediately looked for updates. QuickTax Standard 2009 includes an EasyStep Interview that helps you through every step of your return. The software optimizes your RRSP and searches for any deductions you may be eligible for.
A new feature within the interview process that I really liked is Life Changes Profiling, which points out tax implications based on what happened in 2009. This was especially helpful for me since last year I started a business, bought a house and had a baby.
QuickTax is my pick for paid tax preparation programs. It’s Standard version does cost $10 more than UFile, but it may be worth the additional expense if you have a complicated return and want an easy to use interface that lets you take advantage of its additional features.
There are also online versions QuickTax, including some that may be completely free. To qualify for the free QuickTax versions, you either need to be a student, make less than $20,000, or only have T4/T4As to enter with no investments, including RRSPs.
QuickTax Standard Giveaway!
To enter to win one of two copies of QuickTax Standard, leave a comment (use valid email address so I can contact the winners) in this article before the end of next week.
After leaving a comment so that I know you’re interested in these books, you can get bonus entries by doing either (or both) of the following:
- Subscribe to Canadian Finance Blog email, where you’ll get each article, 5 days a week with no spam emails. If you’re already subscribed and leave a comment, you will automatically get this bonus entry!
- Follow Canadian Finance Blog on Twitter and re-tweet any of our tweets during the two weeks!
This contest is for one copy of QuickTax Standard and is open to anyone in Canada. The deadline for entries is Friday, March 5th at 11:59PM MST and the winners will be contacted by email on Saturday. There will be two winners, chosen with a random number generator from Random.org. If a winner does not reply within one week, a new name will be drawn. Good luck!
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