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Free 2020 Tax return programs

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  • Jan 14th, 2021 3:38 pm
[OP]
Deal Addict
May 14, 2004
1116 posts
1184 upvotes
Vancouver

Free 2020 Tax return programs

StudioTax 2020 tax program is available for download now(Windows & Mac for now, others will be later). Starting this year they charge $15 for the license. It's only free when your income is under $20k.
https://www.studiotax.com/home.html

There are some other free ones. Unlike UFile, TurboTax, etc. these ones do not have the maximum income restriction. Hopefully the 2020 version will be ready soon.
Simple Tax
https://simpletax.ca/

Genutax
https://www.genutax.ca/

Advtax
https://www.aclasssoft.com/

Taxman
http://taxman.coolpage.biz/

**Thanks to AlexJosh and qbarnes95, I have made the corrections.**
Last edited by wranglery on Jan 3rd, 2021 10:58 am, edited 4 times in total.
Thread Summary
Free - online / browser based:
Simple Tax
https://simpletax.ca/

Advtax
https://www.aclasssoft.com/

H&R block
https://2020.hrblockonline.ca


Free - local / download software:
Genutax
https://www.genutax.ca/

Taxman
http://taxman.coolpage.biz/

Everything else is no longer completely free.
375 replies
Deal Addict
User avatar
Nov 12, 2011
2810 posts
1120 upvotes
Markham
Didn't Studiotax change to a paid model now?
Not buying something on sale ISN'T a crime, buying something not on sale IS.
Sr. Member
Oct 5, 2014
546 posts
1117 upvotes
Ontario
Studio Tax is now $15*

*free for users with income less than 20K and for our northern residents (NT, YT, NU).
Member
User avatar
Mar 25, 2013
446 posts
321 upvotes
Toronto
Been using simple tax for year. It's been really easy to use.
DroidKid
Newbie
Dec 12, 2017
21 posts
272 upvotes
droidkid wrote: Been using simple tax for year. It's been really easy to use.

Same here. They are one of the best!
Deal Fanatic
User avatar
Jul 15, 2008
9392 posts
2132 upvotes
Toronto
Dang have to pay for studio tax... Guess it's back to simple tax and selling them my data.
Deal Addict
User avatar
Aug 14, 2001
4266 posts
2486 upvotes
Yesva Scotia
Boo on StudioTax, but understandable.
😱
Deal Addict
Jul 16, 2003
1155 posts
265 upvotes
I've been using simpletax for years, but since I started, got married and have a kid now. Along the way, got a house, investment properties, and some stock market investments (not just RRSP/TFSA). At what point would you actually go to an Accountant to do your taxes for you?
Sr. Member
Oct 14, 2017
884 posts
926 upvotes
I think there's no deal here. Tax software will give you to do free tax returns for under 20k. Its been like this for years.
Last edited by xtrmDeals on Jan 3rd, 2021 4:47 pm, edited 1 time in total.
Member
Jun 21, 2017
298 posts
604 upvotes
JL2002 wrote: I've been using simpletax for years, but since I started, got married and have a kid now. Along the way, got a house, investment properties, and some stock market investments (not just RRSP/TFSA). At what point would you actually go to an Accountant to do your taxes for you?
When you figure reading all the documentation isnt worth your time to read through/figure out. All these programs are great options for young ppl but once things get complicated, you either file manually or go via an accountant. A lot of these programs are missing niche tax options, particularly those relating to nursing home arrangements.
Sr. Member
User avatar
Sep 20, 2018
554 posts
545 upvotes
Montreal
Used simple tax last year, was so easy!
Member
Dec 21, 2012
420 posts
472 upvotes
Winnipeg
Guess I'll have to pay now. I won't use any of the free online alternatives because I personally feel uneasy about putting all my tax info and sin# into an online companies hands. The reason I loved Studio Tax, besides it's ease of use was that everything stayed on my personal computer.
Deal Addict
User avatar
May 2, 2007
1284 posts
435 upvotes
Toronto
JL2002 wrote: I've been using simpletax for years, but since I started, got married and have a kid now. Along the way, got a house, investment properties, and some stock market investments (not just RRSP/TFSA). At what point would you actually go to an Accountant to do your taxes for you?
I'd say consult an accountant when you have more than 1 income stream. For instance, if you get a T4, and now you own rental property/properties, an accountant could potentially look for ways to optimize your filing.

In general, if it is a couple hundred bucks a year, it'd be good to have a accountant on your retainer so whenever you have any tax-related questions, you have a source.
Member
User avatar
Mar 14, 2017
200 posts
149 upvotes
Victoria, BC
Simpletax for the win. I don't feel like my data is any more at risk with them than it is with the CRA.
ValiantSpacemanSpiff
Interplanetary Explorer Extraordinaire
Moderator
User avatar
Jul 13, 2008
20108 posts
4922 upvotes
GTA
kaboom987 wrote: Used simple tax last year, was so easy!
As did I for the first time. I would recommend them.
Sr. Member
Nov 26, 2013
734 posts
634 upvotes
Winnipeg
If using simple tax, remember to opt out of sharing your personal data if you haven’t already.
Deal Addict
Dec 3, 2006
2569 posts
3506 upvotes
Vancouver, BC
Simple Tax all the way. Been using them for years and it's super easy.
It's free but theres also an option at the end to donate to them (any amount you want) once you finish submitting your return....to help them stay in business.
Sr. Member
User avatar
Jul 11, 2009
783 posts
521 upvotes
Canada
I don't think I'll ever trust a service where I need to upload/enter my SIN and it gets stored in a non government 'cloud' - too prone to hacking etc.. and getting a replacement SIN is one of the most unpleasant things one can engage the government for.

I'll stick with studio tax, and upload the netfile document directly to the CRA website.
Deal Addict
Jul 16, 2003
1155 posts
265 upvotes
Cocopuffs43421 wrote: When you figure reading all the documentation isnt worth your time to read through/figure out. All these programs are great options for young ppl but once things get complicated, you either file manually or go via an accountant. A lot of these programs are missing niche tax options, particularly those relating to nursing home arrangements.
heymanwuzup wrote: I'd say consult an accountant when you have more than 1 income stream. For instance, if you get a T4, and now you own rental property/properties, an accountant could potentially look for ways to optimize your filing.

In general, if it is a couple hundred bucks a year, it'd be good to have a accountant on your retainer so whenever you have any tax-related questions, you have a source.
Thanked and thumb up to both!

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