Should I buy Quick Tax??

hitrack

I'LL KILL YA ALL!!
Feb 25, 2003
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Quick Tax software ya see it everywhere. Is it worth it?? Is it easy to use?? How many returns can you do on it?? When you've filled out all the shit can the standard edition just electronicaly send it off??

I hven't used this shit before but wanna give it a try this year. My tax's aren't very complicated so the standard edition has got to be good enough.
 

josephl

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Sep 21, 2005
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Its really easy to use

and I think the basic version is good for one return. Everything is e-filed and it even gives you a tracking number so you can track your refund if you are getting one
 

cancowboy2001

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Jul 27, 2003
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hitrack said:
Quick Tax software ya see it everywhere. Is it worth it??
Yes if you have a bunch of returns to do. Staples has the best price this week $39 ($40 everywhere else). Quick Tax used to have discounts on the price but not since they became the market leader.
hitrack said:
Is it easy to use??
Yes - there are two basic ways to fill out your taxes.
  1. QT leads you through in an English/user friendly mode
  2. You can fill out the forms as you would see them in paper format - I use this just because I am used to doing it manually.
hitrack said:
How many returns can you do on it??
Up to 5 plus unlimited returns for anyone under $25K.
hitrack said:
When you've filled out all the shit can the standard edition just electronicaly send it off??
Yes subject to CRA restrictions - there are some conditions where CRA does not allow you to file electronically but I cannot specifically remember what they are right now.
hitrack said:
I hven't used this shit before but wanna give it a try this year. My tax's aren't very complicated so the standard edition has got to be good enough.
There are a couple of other options available to you which are cheaper especially if you only have one return to file - at least one other software package on the shelves at Staples/Future Shop for about half the price plus there are one or two which are online based.
 

gravitas

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Feb 7, 2006
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hitrack said:
Is it worth it??
IMO yes

hitrack said:
Is it easy to use??
very

hitrack said:
How many returns can you do on it??
I believe with the basic edition you can process four differen returns, that means four SINs. You can dick around and play with the numbers as many times as you want until you submit to the CRA.

hitrack said:
When you've filled out all the shit can the standard edition just electronicaly send it off?
Yup. efile'ing is the cats ass



p.s. cancowboy....nice posting style :D
 

cancowboy2001

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Jul 27, 2003
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gravitas said:
p.s. cancowboy....nice posting style :D
Just copying from the best :rolleyes: :p
 

hitrack

I'LL KILL YA ALL!!
Feb 25, 2003
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Surrey
thnaks Jo, cocain cowboy and grav. I'll go and bag it. I really hate all this tax shit so I'm always looking for painless ways to do it.

Besides if it good enough for a cat's ass it's good enough for me!!! :D
 
H

Hardatwork

It's only $19.95 if you go through their website and download. If you use Coast Capital Saving's Website to access it you can get 20% off that price... http://www.coastcapitalsavings.com/

It's only good for one tax return, so if you only have the one to do it's probably the better way to go.
 

specialty69

Pussy Lover
Aug 17, 2003
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Just bought Taxwiz from London Drugs for $19.95. Up to 5 returns and unlimited (if income below $25K). Why pay $39-45?
 

Venture70

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Mar 18, 2004
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Don't!!!!

Do not ever file electronically - this on the advice of 3 different accountants I know.

If you file electronically, the computer that reads your return can instantly flag any abnormalities, miscalculations, etc. and alert the Powers That Be.

If you file with paper, a human has to look for abnormalities, and they are WAAAY less like to flag anything. If your nose is always clean tax-wise, you have no worries, but if you are AT ALL 'creative' you could run into trouble.

Also, you should NEVER send a cheque to pay for your taxes - send a money order. Giving Revenue Canada [or whatever they are called now] a cheque means that they now have your account #, and can legally go into your account and 'look around' whenver they want.:mad:
 

Azcanuck

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May 29, 2004
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UFile

Try UFile. It's $20 cheaper than Quicktax and, for me, no big differences. It's easy to use and I did mine in under 20 minutes. I gave up on QT 3 years ago and have not looked back. It's not worth the $20 extra.

AZC
 

wolverine

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Nov 11, 2002
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I'm using the online web version of QuickTax this year mainly because I was using the online TaxWiz in previous years (both by Intuit). TaxWiz online isn't available this year but prior tax returns on the online TaxWiz can be rolled over to the online QuickTax. I wanted access to my prior returns for comparison purposes, and it does the RRSP limit thing for me. It cost $21 but my refund is going to be waaaay more than that.

Do not ever file electronically - this on the advice of 3 different accountants I know.

If you file electronically, the computer that reads your return can instantly flag any abnormalities, miscalculations, etc. and alert the Powers That Be.

If you file with paper, a human has to look for abnormalities, and they are WAAAY less like to flag anything. If your nose is always clean tax-wise, you have no worries, but if you are AT ALL 'creative' you could run into trouble.
I've been NETFILE-ing my returns for several years now and I haven't been flagged for audits yet. I figured they'd want to double-check my investment interest deductions each time. Besides, aren't those paper returns entered into the same bloody computer system with all those flags and alerts?
 

Annalise Lane

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Feb 2, 2005
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www.annaliselane.com
Anyone have suggestions on sole proprietor tax returns for us ladies ??

I am not listed as incorporated or Limited ~ doh ~ but am still considered a business and would like to write off all my expenses for last year.

Suggestions anyone ??
 

sdw

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Jul 14, 2005
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Venture70 said:
Do not ever file electronically - this on the advice of 3 different accountants I know.

If you file electronically, the computer that reads your return can instantly flag any abnormalities, miscalculations, etc. and alert the Powers That Be.

If you file with paper, a human has to look for abnormalities, and they are WAAAY less like to flag anything. If your nose is always clean tax-wise, you have no worries, but if you are AT ALL 'creative' you could run into trouble.

Also, you should NEVER send a cheque to pay for your taxes - send a money order. Giving Revenue Canada [or whatever they are called now] a cheque means that they now have your account #, and can legally go into your account and 'look around' whenver they want.:mad:
I can understand an Accountant having problems with efile. In 1999 I paid an Accountant for the final time to do my return.

I have to disagree with the idea that efile points out mistakes more easily than a paper return. With efile, I submit no receipts, calculation sheets or declaration sheets. With a paper return, that is all attached.

If the CRA is looking for mistakes, is it easier to find them when they have to trust the electronic file or when they have all of the paperwork? I would submit that it's easier for them when they have all the paperwork.

I also have to disagree with you on payment methods. The CRA has all your account numbers. When you open a bank account or do any financial transaction, the institution must inform the CRA. The CRA can actually seize any account that they wish if the taxpayer owes them money. They can do that without a court order. Every other debt you have, including your bank, must obtain a court order before seizing an account.

I have used tax software since the 2000 tax year and haven't been audited once in those 5 years. I used to get audited every second year when I filed Accountant prepared paper returns. Audits cost money. Much more than my dumb-ass Accountant "saved" me when they got creative.
 

sdw

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Jul 14, 2005
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Annalise Lane said:
Anyone have suggestions on sole proprietor tax returns for us ladies ??

I am not listed as incorporated or Limited ~ doh ~ but am still considered a business and would like to write off all my expenses for last year.

Suggestions anyone ??
You need to use the Platinum edition of Quick Tax. The basic version does individual returns pretty well, but doesn't prompt you with the information you need to maximize your expences when you run a business. The next version up is designed for business, but it actually gets too much into Accountant's jargon and is harder to use. Your business expences aren't complicated enough to put up with the business version.
 

Annalise Lane

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Feb 2, 2005
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www.annaliselane.com
sdw said:
You need to use the Platinum edition of Quick Tax. The basic version does individual returns pretty well, but doesn't prompt you with the information you need to maximize your expences when you run a business. The next version up is designed for business, but it actually gets too much into Accountant's jargon and is harder to use. Your business expences aren't complicated enough to put up with the business version.
okay then do you have a suggestion ?
 

sdw

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Annalise Lane said:
okay then do you have a suggestion ?
Quick Tax is really the best at prompting for business expences. This link is to their main site: http://www.intuit.ca/store/en/intuit/index.jsp
This link is to the Quick Tax chooser page: http://www.intuit.ca/store/en/quicktax/index.jsp;jsessionid=ROFOT0ZDSWKIDQFIAMPSFFA

If you run the chooser, it will point you to the best version of Quick Tax for your purposes.

There are a whole swath of other options, but some of the on-line and personal tax versions don't prompt for expences and this results in your not claiming things that would reduce your taxes.
 

Annalise Lane

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Feb 2, 2005
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Edmonton, Alberta
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sdw said:
Quick Tax is really the best at prompting for business expences. This link is to their main site: http://www.intuit.ca/store/en/intuit/index.jsp
This link is to the Quick Tax chooser page: http://www.intuit.ca/store/en/quicktax/index.jsp;jsessionid=ROFOT0ZDSWKIDQFIAMPSFFA

If you run the chooser, it will point you to the best version of Quick Tax for your purposes.

There are a whole swath of other options, but some of the on-line and personal tax versions don't prompt for expences and this results in your not claiming things that would reduce your taxes.
thank you !!

Now for a harder question ... Can I do 2004 taxes for sole proprietor online ?
 

sdw

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Jul 14, 2005
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Annalise Lane said:
thank you !!

Now for a harder question ... Can I do 2004 taxes for sole proprietor online ?
The simple answer is no. The CRA has changed Net File (efile) over to the 2005 tax year and so electronic filing for the 2004 tax year will no longer be accepted. 2004 now has to be a paper return.

You could use a 2004 tax year version of any version of tax software to prepare the tax return and then print the return for the CRA. The thing is I don't think that it would be easy to find a copy that isn't registered to someone. Tax software is only good for one tax year because the government changes everything every year. For instance, the 2005 tax year is the only one for some of the deductions that the Martin government put in because the Harper government has already rolled those deductions back.

You might get a better/more accurate answer here: http://www.cra-arc.gc.ca/menu-e.html
 
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