- #DRAKE PROFESSIONAL TAX SOFTWARE REVIEWS UPDATE#
- #DRAKE PROFESSIONAL TAX SOFTWARE REVIEWS LICENSE#
- #DRAKE PROFESSIONAL TAX SOFTWARE REVIEWS DOWNLOAD#
- #DRAKE PROFESSIONAL TAX SOFTWARE REVIEWS FREE#
In recent years, another free tax return software has risen to prominence. Because StudioTax does not require you to delete previous years versions on your computer, make sure you’ve downloaded and are using the current version before starting your return. You need to make sure you are always using the most up to date version of the software. One nice feature is that you can complete up to 20 returns with the software each year, in line with NETFILE limits.Ī tip about using StudioTax. If none of these situations apply, then you should be fine to proceed with StudioTax. StudioTax is not equipped to file returns involving multiple jurisdictions. Speaking of Quebec, I should note that the Mac version of the software is not certified for use by residents of that province. In addition, there are limitations for some farm businesses and individuals in Quebec who carry on business outside of the province. For example, their software is not certified for use by non-residents. While StudioTax can accommodate most individual returns, they do list a few restrictions on their website. Keep in mind that if you need to change your personal information, such as your name, address, or direct deposit information, you cannot do so via NETFILE. This is helpful if you are completing taxes for friends and/or family members. With NETFILE, up to 20 returns can be submitted from a single computer. In 2020, the vast majority of Canadians use NETFILE to submit their returns. The quicker turnaround time also means that you receive your refund sooner, often within 1 week. NETFILE is a service provided by the federal government that allows Canadians to file their taxes online, eliminating the need to mail in your return. StudioTax is fully NETFILE certified, so you can be rest assured that your tax return will be processed quickly and accurately.
StudioTax will direct you to NETFILE, where you can upload your completed tax return to their secure server. Once you’ve completed your return, you’re ready to send it directly to the CRA for processing, using their highly secure NETFILE service. If you require some assistance with downloading, a step-by-step guide is available via YouTube. For the 2019 tax year, it is compatible with Windows 7, 8, 8.1, and 10. StudioTax is compatible with both Windows and Mac.
#DRAKE PROFESSIONAL TAX SOFTWARE REVIEWS DOWNLOAD#
Users must first download the software onto their computer’s hard drive, and then file their return offline. Accommodates self-employment and rental incomeĪs mentioned, StudioTax Canada does not have an online version of their software.No online or mobile software option, download only.
If you like the program, consider sending them a few dollars to show your appreciation for all the effort they have put into it. I should point out, while StudioTax is free for you to download and use as you see fit, the company does accept donations.
#DRAKE PROFESSIONAL TAX SOFTWARE REVIEWS LICENSE#
You must be a CRA certified tax professional to receive a license to use this software, but it included unlimited returns and advanced functionality not available in the free version. StudioTax Enterprise is a version of software dedicated solely to professional tax preparers, at a cost of $198, taxes included. StudioTax won’t do that, because the option is not available. While many of their competitors entice you with a free version of their software, they try pretty hard to sell you on the bells and whistles of pricier versions before you even begin your return. In fact, it’s one of the first things you’ll notice when you visit their site. Sixteen years later, they haven’t strayed from the mission, still offering a completely free tax return experience. StudioTax 2019 Featuresįounded in 2004, StudioTax positions itself as the “pioneer of free tax return software in Canada”. In this review, I’ll cover everything you need to know about this long-standing, and 100% free, tax return software, and I’ll let you know how it compares to another top-rated competitor, SimpleTax.
#DRAKE PROFESSIONAL TAX SOFTWARE REVIEWS UPDATE#
It’s tax season, which means that here at MapleMoney, it’s time to update our many tax software posts, to ensure that readers have the most current information available when filing their taxes.
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