Have a tax question? Get real answers and 1-on-1 service from real Canadian tax professionals with TurboTax Free Tax Advice.
From February 10th to May 4th 2012, TurboTax Free Tax Advice connects you to highly-trained Canadian tax pros - live and 24/7 - so you get the tax answers you need when you need them.1
With TurboTax Free Tax Advice, you get:
Personalized service and attention: Specific answers to your specific tax questions
Phone advice: Speak directly to a qualified Canadian tax expert
Live chat: Talk to an experienced pro through our chat window
And yes, TurboTax Free Tax Advice is really free. There's no gimmick, catch or condition. It's free tax advice from friendly and experienced tax professionals.
TurboTax Accurately Guides You Step-By-Step To Your Maximum Refund. Guaranteed.2
Just like a GPS in your car, TurboTax literally maps out your return as you make your way to your maximum refund with these handy and helpful features:
Mapping icons: Know exactly what stage of your return you're in, and how far you need to go to finish
Set flags anywhere: Easily mark sections you need to revisit, so you can find them again later - without getting lost
Accuracy check: Double-checks your return for errors, helps you correct them and ensures every tax-saving opportunity has been found
What does this mean? It means that you can have confidence knowing your return is accurate. It means that you'll know exactly when one section is complete and you're ready to start another. It means that you'll know exactly where you are in your return, and how far is left to go. And it means that you're in control over how and when you prepare your return.
You're Investing Now to Secure Your Financial Future.
We Get It. And We Can Help.
TurboTax Suite includes tools designed to help maximize the tax benefits of your RRSPs, mutual funds and other investments:
Capital Gains Analyzer: Calculates capital gains and losses for you and optimizes claiming them on your return
RRSP Optimizer: See how different RRSP contribution amounts affect your refund or tax owing
The result? You can confidently complete even the most complex personal tax return - and benefit today as well as at retirement.
Should You Split Your CPP Income?
TurboTax Has The Answer.
TurboTax Suite features the CPP Sharing Optimizer, a handy and helpful tool which will help you decide if splitting your Canada Pension Plan income with your spouse will be beneficial for you both.
Rental Property Guidance: Get The Profit, Minus The Hassle.
Do you own a rental property? Or rent out a room in your home? Have you ever made repairs to your rental property? Rental properties can, and should be, a great investment opportunity for your day-to-day life & your future plans. Make the most out of your rental income by claiming every possible expense with TurboTax Premier.
TurboTax Suite provides extra guidance for rental property income, helping you determine eligible expenses and providing tips for refinancing.
With the TurboTax Deduction Toolbox, We Find the Deductions.
...You Get Back Every Penny You Deserve.
We don't need to tell you that more deductions mean a bigger tax return. But maybe we do need to tell you about some of the deductions/credits you're entitled to... after all, you may qualify for any of 400 available to Canadians.
That's exactly what the TurboTax Deduction Toolbox does. With tools like the A-Z Deduction list, it does the hard work for you - and ensures that you don't overlook any items to claim, from medical expenses to tuition to charitable donations.
See how different RRSP contribution amounts affect your refund or tax owing with TurboTax's RRSP Optimizer tool. It helps you determine the optimum RRSP contribution amount for you and your spouse.
Then, you can contribute to your RRSP accordingly...and make the most out of your money.
TurboTax Handles Changes in Your Life.
Your life has probably changed over the course of 2011. Maybe you graduated university and got a job. Maybe you got married or started an RRSP. Much of what changes in your life can impact where you stand as a Canadian taxpayer... so TurboTax Premier tax preparation software helps you make sense of it all by asking "real life" questions that translate to fields in your tax forms.
TurboTax Personal Tax Profile asks you simple questions about your life. As you answer, TurboTax determines what tax slips and receipts you have to enter, and automatically applies the credits and deductions you qualify for.
Split Your Pension Income Without Splitting Hairs.
Reduce Your Taxes by Splitting Pension Income with Your Partner.
Whether you have corporate pension plan income or income from a Canada Pension Plan, reap the tax benefits by splitting your pension income with your partner. It's easy - in TurboTax Suite.
The TurboTax Pension Income Splitting Optimizer advises you on how to best distribute your pension income (up to one half), so that you and your spouse/partner pay less in taxes. In fact, the Pension Income Splitting Optimizer will automatically propose the best distribution of your pension income. All you need to do is click a button to confirm the split. How's that for easy?
Carry Forward Last Year's Tax Data. (Including UFile® or H&R Block® Desktop Software.)
Save time entering data by automatically updating your current year's return with personal information & carry over amounts from last year's QuickTax return. Even better, you cut down on human error when you automatically update, so accuracy is ensured. You can import from:3
TurboTax desktop software for the 2010 tax year
UFile® desktop software for the 2010 tax year
H&R Block® desktop software for the 2010 tax year
That means that, even if you used a different software program last year, you can still use TurboTax and reap the benefits without re-entering data.
Do Your Return in Just a Few Clicks.
How? With the TurboTax Automated Tax Return.
Ever wish you could do your taxes in just a few clicks? With the TurboTax Automated Tax Return, it's almost that easy.
First, TurboTax imports your electronic tax slips from the website of your payroll and/or RRSP provider - or your epost.ca inbox. Then it automatically enters the right data on the right tax forms. You simply check over your return... and your taxes are done. Manual data entry is nearly eliminated!
All you should be concerned with is entering your information. Let us take care of double-checking your return and making sure everything is in order. TurboTax reviews your return before you file by:
Reviewing your return for errors before you file
Looking for missed deductions that you may qualify for
Pointing out money-saving opportunities you should take advantage of
Helping you get the biggest refund you deserve
NEW! Audit Risk Alert.
Once you've finished entering information into your return, the Audit Risk Alert will let you know if the tax claims you've entered may trigger a CRA audit.
By letting you know of your potential risk for a tax audit before you file, TurboTax allows you to:
Make an informed decision about the deductions that you're claiming
Have professional representation at the ready by adding Audit Defence to your product
Red flags in your return can result in the CRA asking for more documentation, requesting an in-depth review or a full audit. With Audit Risk Alert, you'll have a better understanding of how the CRA will review your return before you send it.
File Online - The Paper-Free Way.
And Get Your Refund in as Little as 8 Days.
When you've completed your Canada income tax return with TurboTax Suite, save yourself a stamp and save a tree... by choosing to file with NETFILE4 instead of printing out your forms and mailing them in to the CRA. Many people who file with NETFILE get their refunds in just 8 business days.
To NETFILE, you'll just need an Internet connection and the online filing code the CRA provided on your 2011 T1 personal income tax return package (along with your 2010 Notice of Assessment).
Audit Defence: Get a Professional on Your Side.
Even 100% accurate tax returns5 may get audited by the CRA. But with Audit Defence on your side, you can rest easy. That's because, in the event that the CRA audits you, Audit Defence connects you with an experienced tax professional who will:
Deal directly with the CRA on your behalf
Help to minimize CRA penalties, if they occur
How can you get Audit Defence on your side?
Just add it to your TurboTax product from within your copy of TurboTax Suite.
Quicken Home & Business Shows Where Your Money Goes.
Quicken Home & Business automatically categorizes your transactions. So you can see where you spend and where to save.
By securely connecting to your bank and downloading your transactions, Quicken Home & Business brings all of your accounts together in one place. The result? You get a clear view of your complete financial picture.
Graph Your Investment Growth... So You Can See Where You Stand.
Quicken features smart investing tools to help you make better investment decisions. Set goals and analyze & balance your investments - then track the results. Use Quicken Home & Business to graph your investment value growth and asset allocation - in just one click.
Calculate and analyze your net worth
Reconcile quarterly statements
Update your portfolio online
Compare your portfolio to market indices
Money Comes In. Money Goes Out.
Monitor Your Business Expenses With Quicken.
See where you're spending today, and how it can potentially help you at tax time.
Quicken Home & Business helps you keep an eye on your business by helping you manage and plan your business taxes. From project estimates to accounts receivable & payable, Quicken makes it easier for you to grow and manage your business.
PLUS! Quicken includes tools like Business Tagging,which helps you organize business transactions (even if you use the same bank account for personal & business expenses). And Business Tax Monitor, which helps you track down tax deductible business expenses.
Looking for Help? We've Got You Covered.
All TurboTax products are built with the expertise of tax analysts & specialists - so you can trust that your taxes are done right. In fact, we guarantee the accuracy of your return5 as well as your satisfaction.6
TurboTax Suite provides enhanced guidance & tax-saving tips for investments and rental properties - which means less effort & more confidence for you.
Includes the EasyStep™ Interview to walk you through your return and find you every credit you deserve
Double-checks for errors as you go and does all the calculations for you – so you file the most accurate return possible
Comes with FREE support via email, chat and phone7 – as well as access to the TurboTax Support Centre
PLUS! Get help from other TurboTax Suite users from within your software - with the TurboTax Live Community. Or use the TurboTax Online Community or Virtual Agent within TurboTax for quick answers to your questions.
