So this was really a comparison against two different softwares. Very misleading. Should have waiting till you got all the results before posting this video
For years I have used Turbo Tax (previously Can Tax etc). I have tied UFile once and didn't care for it. Last year I tried Wealthsimple Tax and found it very similar to Turbo Tax. I am also choosing Wealthsimple Tax this year. Good video review. I was wondering how expensive H&R Block would be. I have never used them, always completed my own taxes
Wealthsimple is cleaner UI compare to T.T. I used T.T since we installed it from the installation CD 🤪 then download install, then throw the web interface. Wealthsimple is better in my opinion. The biggest drain of energy is the CRA login. That is a terrible terrible problem for many people how insanely it is designed.
I don't know about WealthSimple, but I know that both H&R Block and TurboTax pays millions in lobbying every year to prevent taxes from being easier to file
been using studio tax for the last 10 years, I would be interested of seing the result if you dont mind doing it once more ;-) everything is save locally, no clound and you only pay once you submit your tax
Turbo Tax has the same features, but this year compared with the previous one, the got that mobile issue. But I filled my taxes with them (paying 40 bucks because of the T5).
Great comparison Mark. We have our investments with Wealthsimple and like working with them. This just made my decision to file our taxes with them as well.
RUclips won't let me edit so I have to post again. So I tried Wealthsimple and for some reason the refund was a little lower. One thing, when you file with WS at the end it makes it look like you have to pay. I don't see anything that says 'donation'. It's tricky but I'm assuming because it already confirmed it was filed that's where the donations part comes in.
What did your return with H&R Block end up being? I used them one year and they made a bunch of mistakes-- wasn't happy with them at all. @@MoneyWithMark69
Do u have an update lol was it more or less or the same lol I’m dieing to know.. I’m about to do my taxes now almost at the deadline for taxes (April 30)
@jennifernagy7164 my update is that Wealthsimple or ufile result in the same but Wealthsimple has an option to pay $0 😎If you choose to use them use my referral code: KBYLNW 🎁 www.wealthsimple.com/invite
You lose a lot of credibility when your 4 reviews turns into two reviews and then really into one because you manually entered data in the one you aren't recommending allowing you to adjust things down purposefully
@@MoneyWithMark69 well I can appreciate that and this is a subject of interest so hopefully there's a follow up vid with the full results. I'm not the type of viewer that will go through 4 videos so if this is the MO of the channel I'll probably block this next time. I had to watch two tiktocs and then this vid and still didn't get everything. Left me frustrated. I do appreciate the willingness to do your taxes multiple times so I'll be interested to see if/when you have all 4 together in one vid.
you forgot to mention that if you you have self employment income or property income you have pay $80 for Turbo tax which is a rip off, but in UFILE is included and you can file 4 returns plus one free for low income. For $24 Ufile is unbeatable. how about wealthsimple?
Just a another Wealthsimple ad. I'm not a tech guy but I am a retired accountant who has prepared income tax returns for over 40 years and you just wasted people's time with this video. Not to mention misleading title.
@@MoneyWithMark69 If you go to CRA's web site and see their list of approved software, you haven't even come close to scratching the surface of what is available. How can that pittance of a selection that you chose possibly represent the "Best Tax Software in Canada" ?
Believe it or not but it’s not sponsored… my affiliate link isn’t even working. FYI I’ll also mention in the video and description if it’s sponsored or not
👇 Try my favourite & EASIEST Tax Software 👇
Use my code KBYLNW
www.moneywithmark.ca/go/wealthsimpletax/
This is crazy Canadians get made to do this! In the UK, if you are an employee it's all done for you by your employer!
Ughgg I'm SOOO jealous! It's such a stupid game we play with ourselves
TurboTax pays millions in lobbying every year to prevent that!
So this was really a comparison against two different softwares. Very misleading. Should have waiting till you got all the results before posting this video
Yeah I wanted to… but also wanted to get the info to everyone before tax deadlines too!
@@MoneyWithMark69was gonna give you shit too but that’s valid
For years I have used Turbo Tax (previously Can Tax etc). I have tied UFile once and didn't care for it. Last year I tried Wealthsimple Tax and found it very similar to Turbo Tax. I am also choosing Wealthsimple Tax this year. Good video review. I was wondering how expensive H&R Block would be. I have never used them, always completed my own taxes
H&R block was expensive and poor service IMO. Thanks for the feedback!
Wealthsimple is cleaner UI compare to T.T. I used T.T since we installed it from the installation CD 🤪 then download install, then throw the web interface. Wealthsimple is better in my opinion.
The biggest drain of energy is the CRA login. That is a terrible terrible problem for many people how insanely it is designed.
I don't know about WealthSimple, but I know that both H&R Block and TurboTax pays millions in lobbying every year to prevent taxes from being easier to file
been using studio tax for the last 10 years, I would be interested of seing the result if you dont mind doing it once more ;-)
everything is save locally, no clound and you only pay once you submit your tax
I’ll be trying studio tax out for next years video!
Turbo Tax has the same features, but this year compared with the previous one, the got that mobile issue. But I filled my taxes with them (paying 40 bucks because of the T5).
Wealthsimple does T5 no problem. Turbo became so pig, millions of silly questions takes longer to fill everything and UI is not as clean.
Great comparison Mark. We have our investments with Wealthsimple and like working with them. This just made my decision to file our taxes with them as well.
Fantastic to hear!! I hope you love it as much as I do ☺️
Weath simple rounds up in their dashboard. The final numbers were likely the same
Ahhh that’s why then!
TurboTax has taken a giant leap up the serve themselves more money model.
More smoke, crazy difficult support.
I don't think that H&R Block has Tax ACCOUNTANTS, they have Tax PREPARERS
Pls Make a video on how to file return for international students in Canada
Okay! It’ll come next year 😊
@@MoneyWithMark69 😂😂😂are u kidding i need that video this year bro
hahaha me too😂@@Bir_Singh
@@MoneyWithMark69 next year is almost here bro
I can't find anywhere for these tax programs if they work on a Mac. They all say PC. I really hope that I can find Mac Tax software. Very frustrating.
These are all web apps so they just work in your browser! Means they work on Mac 😊
RUclips won't let me edit so I have to post again. So I tried Wealthsimple and for some reason the refund was a little lower. One thing, when you file with WS at the end it makes it look like you have to pay. I don't see anything that says 'donation'. It's tricky but I'm assuming because it already confirmed it was filed that's where the donations part comes in.
You can just slide the pay amount to $0
I didn't notice that. I just ignored it and logged out. I trust that will accomplish the same as a '0' setting.
Let's hope so;
Very informative, nice stache.
Much appreciated 🧔🏼
What wax do you use?
What did the H&R Block results end up being?
About the same - except they charged me hundreds of dollars to do it 😭
@@MoneyWithMark69 I appreciate the response.
@DustinHallPhoto anytime 😊
I compared wealthsimple tax and Turbo tax I got more return on Turbo tax than wealthsimple that is the reason I used Turbo tax.
Wow that’s great!! I wish it worked for me
600$ to file your personal taxes? That's much higher than the average
I had to pay $330 to file mine with HR block once. Never again
Family, for personal it’s about $200
You should’ve just made this video once you had your h&r return back lol
Otherwise good video
Thanks! I’ve only heard bad things about H&R block… so not expecting much better results
What did your return with H&R Block end up being? I used them one year and they made a bunch of mistakes-- wasn't happy with them at all. @@MoneyWithMark69
Do u have an update lol was it more or less or the same lol I’m dieing to know.. I’m about to do my taxes now almost at the deadline for taxes (April 30)
@jennifernagy7164 my update is that Wealthsimple or ufile result in the same but Wealthsimple has an option to pay $0 😎If you choose to use them use my referral code: KBYLNW 🎁 www.wealthsimple.com/invite
Going to try this year for sure
Let me know how you like it! ☺️
Does WS provide support if you get audited ?
Not to my knowledge.
@@MoneyWithMark69 I actually did try it out and they do provide that service for $30 plus tax
You lose a lot of credibility when your 4 reviews turns into two reviews and then really into one because you manually entered data in the one you aren't recommending allowing you to adjust things down purposefully
Got to give you the honest answers into what happened with each! Part of the process 👊
@@MoneyWithMark69 well I can appreciate that and this is a subject of interest so hopefully there's a follow up vid with the full results.
I'm not the type of viewer that will go through 4 videos so if this is the MO of the channel I'll probably block this next time. I had to watch two tiktocs and then this vid and still didn't get everything. Left me frustrated. I do appreciate the willingness to do your taxes multiple times so I'll be interested to see if/when you have all 4 together in one vid.
you forgot to mention that if you you have self employment income or property income you have pay $80 for Turbo tax which is a rip off, but in UFILE is included and you can file 4 returns plus one free for low income. For $24 Ufile is unbeatable. how about wealthsimple?
Wealthsimple is the same price (free / donation) for self employed people
Just a another Wealthsimple ad. I'm not a tech guy but I am a retired accountant who has prepared income tax returns for over 40 years and you just wasted people's time with this video. Not to mention misleading title.
I WISH I got paid by Wealthsimple for this. I'm surprised you found this title misleading though. Thanks for the feedback!
@@MoneyWithMark69 If you go to CRA's web site and see their list of approved software, you haven't even come close to scratching the surface of what is available. How can that pittance of a selection that you chose possibly represent the "Best Tax Software in Canada" ?
sponsored for sure!
Believe it or not but it’s not sponsored… my affiliate link isn’t even working. FYI I’ll also mention in the video and description if it’s sponsored or not
isn't free at least $30.
Not true! Just change that amount to $0 😁
Not true! Just change that amount to $0 😁
Thank you, Thank you😁- UFile not hopy but Wealthsimple Tax 15 mm finish😂 Thank youWealthsimple I recommend
Anytime! I am but your humble Ginny pig 🐷