Will not work on Windows 7
Staples
TurboTax Standard $27.99 - Saturday, February 15th Only
- SCORE
- Reason
Score breakdown ×
- Upvote
-
0%
- Not a good price
-
0%
- Bad product/service
-
0%
- Poor merchant reputation
-
0%
- Unable to get the deal
-
0%
- Other (downvote)
-
0%
- speezy
- Newbie
- Nov 7, 2019
- 78 posts
- 142 upvotes
- GTA
- Konowl
- Deal Fanatic
- Jan 25, 2004
- 7007 posts
- 6858 upvotes
- Ottawa
- sman06
- Member
- Aug 12, 2018
- 212 posts
- 198 upvotes
Try studio tax, get the job done and its free.
- sparkaction
- Deal Addict
- Feb 22, 2013
- 1579 posts
- 1541 upvotes
If you use an online service such as Ufile or TurboTax, is your data accessible to you say 3 years later? One of the disadvantages of using Ufile packages software is that you need to kept the disk. If you get audited at a later date and don't have the disk, you need to buy the software again!
- I RFD
- Deal Addict
- Oct 7, 2008
- 2691 posts
- 1741 upvotes
- Home
- UnderKitten
- Sr. Member
- Aug 23, 2019
- 577 posts
- 738 upvotes
Used to do my taxes through the accountant. This year started looking into tax software. Tried out Simple Tax and WOAH!, everything pre loaded and I had only implement the documents from 2019.
Why would an average peasant pay for such thing as TurboTax?
Why would an average peasant pay for such thing as TurboTax?
- angel_wing0
- Moderator
- Mar 23, 2004
- 47725 posts
- 13890 upvotes
- Markham
Just checked in store, same price.
- sparkaction
- Deal Addict
- Feb 22, 2013
- 1579 posts
- 1541 upvotes
Because just like everyone else on RFD, we are all making $100k and can afford to splurge. Booyah.UnderKitten wrote: ↑ Used to do my taxes through the accountant. This year started looking into tax software. Tried out Simple Tax and WOAH!, everything pre loaded and I had only implement the documents from 2019.
Why would an average peasant pay for such thing as TurboTax?
- takemetothebridge [OP]
- Member
- Mar 12, 2011
- 271 posts
- 279 upvotes
- Mississauga
I believe the online version for $19.99 is for only 1 return. I need the boxed version to do many peoples taxes. The boxed version allows you to file 20 returns. 8 returns over 25k, 12 returns under 25k. It brings down the cost per person to under $2 each if you use all 20 returns. If you only need it for one person, then I guess $19.99 is OK.SavingsNow wrote: ↑ Turbo Tax Standard Online is only $19.99.
- lleb13
- Deal Addict
- Aug 27, 2009
- 1448 posts
- 1792 upvotes
Short answer, Turbotax has financial motives to improve and ensure their software is solid and convenient.UnderKitten wrote: ↑ Used to do my taxes through the accountant. This year started looking into tax software. Tried out Simple Tax and WOAH!, everything pre loaded and I had only implement the documents from 2019.
Why would an average peasant pay for such thing as TurboTax?
Shorter answer. It's 30$ of software that will return 30K+ in tax refunds.
Longish answer. When I tried Studio Tax years ago it didn't handle my CDN/US investments appropriately. I'm sure it's fixed now (hopefully) but TurboTax worked from the get go.
- Kiraly
- Deal Expert
- Jan 9, 2011
- 19729 posts
- 28601 upvotes
- Vancouver
Don't buy these pay-to-file tax software packages! They're scams. There are free ones like Studio Tax.
- takemetothebridge [OP]
- Member
- Mar 12, 2011
- 271 posts
- 279 upvotes
- Mississauga
Keep in mind that you used to pay for an accountant, which is much more expensive than turbotax. Glad you at least made the switch to doing it yourself. There are many that don't want to attempt it and paying someone $$$ so they don't have to think about it. The funny thing is that accountants use pretty much similar software. If you only have a few forms then doing it yourself is much easier. Eventually if you are self-employed (sole-proprietor) and can keep track of your expenses then you could eventually use the forms to do your own businesses taxes. It might be a stretch if you're incorporated (contractor) to do your taxes if you're not familiar with balance sheets and income statements. An accountant would cost you $800 to $2,000 if you were incorporated.UnderKitten wrote: ↑ Used to do my taxes through the accountant. This year started looking into tax software. Tried out Simple Tax and WOAH!, everything pre loaded and I had only implement the documents from 2019.
Why would an average peasant pay for such thing as TurboTax?
I pay for turbotax and it's much cheaper than an accountant. I do the taxes for a lot of seniors (family) that are low / fixed income earners. They used to pay an accountant $100 to $150 a year per person just to enter a few numbers from a few forms. With the 20 returns that turbotax standard allows it works out to less than $2 each for a filed return. That saves them a $98 to $148 per year that they definitely could use. I could switch to a free tax program, but it took a lot of effort to get them to trust a computer program instead of an accountant. That generation doesn't trust anything that's free, so I count it as a win that a few years of arm twisting saves them money.
- chuck_0
- Jr. Member
- Jul 8, 2009
- 115 posts
- 40 upvotes
- Montreal
Can we keep the conversation about free vs paid software in the casual sections of the forum please ? Yes we know there are free options. I am not here to debate, I'm here to find a deal on my favorite software.
When there is a Timmie deal on coffee, people don't mention the fact that you can get it cheaper at home or for free if I walk into a TD bank. Same here.
When there is a Timmie deal on coffee, people don't mention the fact that you can get it cheaper at home or for free if I walk into a TD bank. Same here.
--
- Emporium
- Deal Addict
- Dec 20, 2004
- 4278 posts
- 5209 upvotes
- Montreal, QC
Simple... Print a copy to a PDF file, and file that away somewhere.sparkaction wrote: ↑ If you use an online service such as Ufile or TurboTax, is your data accessible to you say 3 years later? One of the disadvantages of using Ufile packages software is that you need to kept the disk. If you get audited at a later date and don't have the disk, you need to buy the software again!
Mine are done by my accountant (either way his services are declared as a business expense - and he stands behind them), and even then, I ask him to send me a PDF copy after he files them. I do my parents and in-laws, and even when I used ufile (last year I switched to studio tax) and I always print at least a PDF copy and put it away somewhere. So even if I can't find the original CD/download and original files, they are all available in PDF format, which can be printed in case of audit. I never use the online versions (I hate other peoples clouds), I will only use the ones you install physically on your machine. And I got into the habit of scanning all my slips, and including them with the PDF files. I have a copy of the PDF files on my NAS server, on a USB stick at my place, and on a USB stick for each of them, and they have a copy at their place.
Also, the PDF files are encrypted with password, and then 7zipped with a strong password also. Yes, it is probably excessive for some, but I am a paranoid about my personal info.
The free options are there, but they are not for everyone. I switched to the free option, simply because the situation got a lot simpler when all the old folks retired, and the situation was super simple. For simple tax situation, the free options are perfect. For the more complex ones, with businesses, investments, CCA, and other stuff, the commercial ones are a small price to pay to get the nicer interface, and flags for stuff you may have forgotten/missed. On the free ones, you can also do the more complicated ones, but you do need to know what you are doing, since they are not as refined for those situations. Either way, if you have any income property or business, the cost can easily be deducted as an expense, so the TCO is even lower
- Joesup88
- Newbie
- Feb 2, 2020
- 8 posts
- 13 upvotes
Is the 8/12 submission PER year, or total? I.e. 1 tax submission for 8 years?
- kaisin82
- Member
- Dec 8, 2014
- 369 posts
- 298 upvotes
- Calgary, AB
I have been using turbo tax free, anyone that has tried both free and paid version can comment on the difference?
- Emporium
- Deal Addict
- Dec 20, 2004
- 4278 posts
- 5209 upvotes
- Montreal, QC
The 8/12 is Per year. You need to buy the software every tax year.
Ufile for windows is also on sale right now. And still supports win7 for those who care. This is the one I used to use, and I liked it. Their ONLINE offering is free for students, and a few other low income households, or first time filers. And from what they say, "UFile keeps a copy of your tax return for the last 9 years".
- UnderKitten
- Sr. Member
- Aug 23, 2019
- 577 posts
- 738 upvotes
Note: I payed this accountant 30. Friend of a friend of a friend.takemetothebridge wrote: ↑ Keep in mind that you used to pay for an accountant, which is much more expensive than turbotax. Glad you at least made the switch to doing it yourself. There are many that don't want to attempt it and paying someone $$$ so they don't have to think about it. The funny thing is that accountants use pretty much similar software. If you only have a few forms then doing it yourself is much easier. Eventually if you are self-employed (sole-proprietor) and can keep track of your expenses then you could eventually use the forms to do your own businesses taxes. It might be a stretch if you're incorporated (contractor) to do your taxes if you're not familiar with balance sheets and income statements. An accountant would cost you $800 to $2,000 if you were incorporated.
I pay for turbotax and it's much cheaper than an accountant. I do the taxes for a lot of seniors (family) that are low / fixed income earners. They used to pay an accountant $100 to $150 a year per person just to enter a few numbers from a few forms. With the 20 returns that turbotax standard allows it works out to less than $2 each for a filed return. That saves them a $98 to $148 per year that they definitely could use. I could switch to a free tax program, but it took a lot of effort to get them to trust a computer program instead of an accountant. That generation doesn't trust anything that's free, so I count it as a win that a few years of arm twisting saves them money.
But still, at this point I am not sure if I want to try it because with SimpleTax everything seems pretty straight forward.
- UnderKitten
- Sr. Member
- Aug 23, 2019
- 577 posts
- 738 upvotes
Holy, 30k+ returns... That's like 2/3 of my salary.lleb13 wrote: ↑ Short answer, Turbotax has financial motives to improve and ensure their software is solid and convenient.
Shorter answer. It's 30$ of software that will return 30K+ in tax refunds.
Longish answer. When I tried Studio Tax years ago it didn't handle my CDN/US investments appropriately. I'm sure it's fixed now (hopefully) but TurboTax worked from the get go.
I guess makes sense for some people. I only have a T4, and rent...
- lleb13
- Deal Addict
- Aug 27, 2009
- 1448 posts
- 1792 upvotes
Sorry no I don't earn that much. I meant more that it can do up to 8 returns and I share it with family and friends so it barely costs anything anyways..UnderKitten wrote: ↑ Holy, 30k+ returns... That's like 2/3 of my salary.
I guess makes sense for some people. I only have a T4, and rent...
Worth mentioning if you only have a T4 go for the free service. I doubt you would receive any benefits from using Turbotax over the alternative.
Thread Information
There is currently 1 user viewing this thread. (0 members and 1 guest)