How to file Taxes for FREE in Canada?

Hey, guys welcome back to my blog today, I decided to show you the entire process of filing your own taxes. If you are in Canada right now this post will be really helpful considering the pandemic situation. You can go to an accountant, pay him and providing all details so he is gonna take care of doing your tax process but I believe you can do it; It’s really easy and you can save your money by doing it by yourself.

If you think that you have to file your own taxes, there are three ways you can do it. Mainly there are 2 websites that suggested TurboTax.ca, H & R Block and so many other websites. I wanna show you both of them and you can decide about that; please consider these are just my information that I like to share and I’m not a financial advisor 🙂

TurboTax

Advantages of working with TurboTax software:

1. It’s simple and Free!
2. Everyone with any tax situation can use it easily.
3. It’s a good way to file your tax if you are working for an employer/self-employed, a student, unemployed, retired, you have medical expenses, …

How you can file your taxes online thorough TurboTax?

It’s really easy and quick; first, you need to set up a profile then follow the steps to find all the credits and deductions you are entitled to; you can also import all info from your CRA account and you’ll save time in this way. If you don’t want to import info so you need to use their search bar and look for all the credit and deductions. Here I put the list of common credits, deduction and expenses you may be eligible for:

• Medical expenses
• Union and professional dues
• Child care expenses
• Moving expenses
• Student loan interest
• Employment expenses
• Disability tax credit

The software will guide you step by step to NETFILE your return online or print and mail your return. They have really good support if you need help. Here is a video to have a better understanding 🙂

How to use TurboTax:

H & R Block