A new survey conducted for Intuit found that more than a quarter of Canadians experienced significant life changes in 2009. These changes could mean there will be some differences in your tax filing this year, but that doesn’t have to be difficult.
New QuickTax EasyStep asks you a dozen questions about what happened in your life in 2009 and identifies what’s relevant to your taxes.
QuickTax makes it easy to complete your taxes, even if your tax situation got more complex last year. To make the process even simpler, EasyStep takes out the tax legislation lingo so you can answer uncomplicated questions to complete your tax return.
For instance, EasyStep might ask if you have dependents this year. This is a simple question, but maybe you’re not sure who qualifies as a dependant for tax purposes. EasyStep makes it even simpler with linked definitions on phrases like “dependants” that you can reach with the click of a mouse.
QuickTax EasyStep lets you capitalize on changes in your life in 2009 to make sure you get all of the tax credits you deserve. Maybe you bought a home this year. EasyStep will ask you about this, and then tell you about the first-time homebuyers’ credit that could entitle you to cash savings.
Or maybe you added money to your RRSP this year. You’ll be asked about this, and it will give you answers about deductions you deserve. As clicking the RRSP link on EasyStep could tell you, any money contributed to your RRSP won’t be taxable until you retire.
The new feature can find tax deductions in places you might not have even thought to look. For instance, EasyStep will ask you if you incurred moving expenses. Did you even know you might receive some tax credits for that?
Even better, EasyStep is personalized for every QuickTax user, guaranteeing easy use. The answers you provide ensure that you will only be asked relevant questions later on. You’ll never be confused by information that doesn’t apply to your tax return.
Even if you miss tax saving opportunities related to life changes, QuickTax will point them out to you before you submit your return via NETFILE.
Take advantage of EasyStep now and learn about all the savings you deserve before filing your tax returns on April 30.