StudioTax

StudioTax

StudioTax is free tax preparation software for Canadians to file their personal income taxes. It provides an easy step-by-step process to enter tax information, make claims, and file returns with the CRA.
StudioTax screenshot

StudioTax: Free Tax Preparation Software for Canadians

StudioTax is free tax preparation software for Canadians to file their personal income taxes. It provides an easy step-by-step process to enter tax information, make claims, and file returns with the CRA.

What is StudioTax?

StudioTax is free tax software designed to help Canadians prepare and file their personal income tax returns with the Canada Revenue Agency (CRA). It provides an easy-to-use interface that walks users step-by-step through the tax filing process.

Some key features of StudioTax include:

  • Free for all tax situations - simple and complex
  • Supports all CRA forms and schedules
  • Easy interview process tailored to the user's tax situation
  • Performs optimized calculations to maximize returns
  • Checks for errors before filing
  • Securely files completed returns directly with Netfile
  • Available in English and French

StudioTax is updated every year to comply with the latest tax laws, rates, and regulations in Canada. It can handle all types of tax situations from simple tax returns to self-employment income, rental properties, capital gains, and more. Outputs can be reviewed before e-filing directly and securely with the CRA.

Overall, StudioTax aims to make tax preparation easy, fast, and free for all Canadians. It provides top-quality features without the high price tag of paid tax software or accountants.

StudioTax Features

Features

  1. Easy step-by-step tax preparation
  2. Guided interview format
  3. Auto-fills tax forms
  4. Checks for errors and missed deductions
  5. Electronic filing (EFILE)
  6. Free for simple returns
  7. Supports multiple provinces
  8. Imports tax slips
  9. Calculates returns
  10. Prints forms and returns
  11. Saves tax returns from previous years

Pricing

  • Free
  • Freemium

Pros

Free for basic returns

User-friendly interface

Good for simple tax situations

Available in English and French

Secure handling of tax information

Fast electronic filing

Widely used and trusted

Helpful prompts and explanations

Does calculations automatically

Imports tax slips to save time

Cons

Limited features in free version

Must pay to file more complex returns

No live support

May not handle uncommon tax situations

Lacks support for some forms and credits

Not as full-featured as paid software

Must print and mail returns if not e-filing

No mobile app

Requires recent Windows version

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