Personal Finance

Best Free Personal Income Tax Software

  • Last Updated:
  • Apr 30th, 2018 6:53 pm
[OP]
Newbie
Jul 28, 2017
16 posts
5 upvotes

Best Free Personal Income Tax Software

I am looking to file my personal income tax the first time this year and I am wondering what free options are out there in terms of software. My tax is pretty simple, just employment income, RRSP contribution, and investment income (T3/T5).
34 replies
Deal Addict
User avatar
Mar 13, 2006
1099 posts
748 upvotes
Toronto
TurboTax Online - https://turbotax.intuit.ca/personal-tax ... online.jsp
SimpleTax (info stored on their server) - https://simpletax.ca/
StudioTax (installed and runs locally) - http://www.studiotax.com/en/
Genutax - http://www.genutax.ca/
HR Block Online - https://www.hrblock.ca/online-tax-software/
TaxFreeway (installed and runs locally for pc and mac) - http://www.taxfreeway.ca/
AdvTax - https://www.aclasssoft.com/
Last edited by spooky on Feb 12th, 2018 8:47 pm, edited 2 times in total.
Newbie
Feb 9, 2018
65 posts
41 upvotes
I have used Genutax and Studiotax myself for last 5-6 years and I like both. Both do a fine job. Both have options for T4/T5, allow you to claim GST/HST credit, Ontario trillium benefit, RRSP deductions etc. From a basic personal income tax point of view I think they have all the options one need.
Sr. Member
Oct 11, 2010
940 posts
283 upvotes
Charlottetown
Been using simpletax.ca for the past few years, love it
Member
Apr 9, 2009
416 posts
359 upvotes
Calgary
Does studio tax support rental property?
Sr. Member
Nov 6, 2015
642 posts
243 upvotes
Guelph, ON
I'm another one for voting for SimpleTax. To be fair, I've never used anything else, but I can't imagine anything being easier to use.
Newbie
Dec 25, 2015
90 posts
39 upvotes
Brighton, ON
Another vote for studio tax; been using it for 9 years. I like that the data is stored on my computer, not in the cloud.
Deal Addict
User avatar
Jan 9, 2011
2999 posts
2526 upvotes
Vancouver
If it's your first time ever filing a personal tax return, and your situation is as simple as you describe, I recommend—don't laugh—doing it on paper and snail mailing it. It's not as arduous as you might think. It used to take me about an hour. When you do it on paper you get a feel for and understanding of how everything works that isn't matched by software doing calculations for you behind the scenes. Do it on paper once and try online filing next year.
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Member
Apr 9, 2009
416 posts
359 upvotes
Calgary
sorry 1 more question, can I import my file from 2016 on turbotax to simpletax?
Newbie
Nov 24, 2015
61 posts
19 upvotes
Toronto, ON
I have been using StudioTax but don't find it very helpful for rental income as Form T776 pretty much needs to be done manually (unless I am not using it properly).

This time I am thinking to try out GenoTax or SimpleTax.
Sr. Member
May 28, 2007
679 posts
165 upvotes
spooky wrote:
Feb 12th, 2018 8:47 pm
TurboTax Online - https://turbotax.intuit.ca/personal-tax ... online.jsp
SimpleTax (info stored on their server) - https://simpletax.ca/
StudioTax (installed and runs locally) - http://www.studiotax.com/en/
Genutax - http://www.genutax.ca/
HR Block Online - https://www.hrblock.ca/online-tax-software/
Does anyone know if these are compatible with Revenu Quebec also?
I have been doing my taxes manually all these years because, for some reason, I don't trust these computer programs to do it correctly or to keep my information safe. Does anybody else feel the same way?

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