TurboTax is finding ways to make tax filing easy and affordable.  I just discovered a couple of discounts being offered when using their online tax preparation software.

For Manulife Financial customers:

This tax season, Manulife Financial is again offering customers located in Canada the opportunity to save 20% off the cost of preparing their tax returns using TurboTax, from Intuit Canada.

There are three options:
  • TurboTax Standard – maximize deductions from RRSPs, spousal/dependent credits and more.
  • TurboTax Premier – all the features of the Standard plus extra guidance for investments and rental property income.
  • TurboTax Home & Business – all the features of Premier, plus guidance for claiming self-employment income. 

Take advantage of the discount at www.turbotax.ca/manulife

Free for students!

TurboTax Student Online Edition is free for students!  You qualify if:

  • You were a college or university student in 2011: You paid tuition fees during the 2011 calendar year and you hold a T2202A, TL11 or its equivalent.
  • You earned under $20K: Your household income does not exceed $20,000 gross (that is, before taxes).

Free for very basic returns

You can use TurboTax Free Online Edition if:

  • You earned income: You receive T-slips, like T4s & T4As. You may have have tip income and/or pension income.
  • You are not self-employed.
  • You do not have investment income or RRSPs.
  • You have not made any charitable donations or investments.
  • You Have Simple Deductions: You receive only ‘standard’ federal & provincial deductions.

The best part…free advice!

For TurboTax customers, they offer free tax advice 24/7 between February 10 and May 4, 2012.

We cannot vouch for the product, so it’s buyer beware, but Intuit has a good reputation overall.

This information is of a general nature and should not be considered professional advice. Its accuracy or completeness is not guaranteed and Queensbury Strategies Inc. assumes no responsibility or liability.