MISSISSAUGA, Ontario--(EON: Enhanced Online News)--TurboTax®, Canada’s No. 1 best-selling tax software year after year from Intuit Inc. (Nasdaq:INTU), today released its online tax preparation products for the 2017 tax season. TurboTax Online delivers unmatched ease, convenience and tailored guidance so Canadians can get every dollar they deserve and can be confident their taxes are done right.
More than half (55 percent) of Canadians plan to do their own taxes this year, according to a recent national survey by TurboTax. Many of them already rely on TurboTax to walk them through their return step-by-step. A fully guided interview is tailored to the individual’s unique tax situation so they can focus on the questions that are most relevant to them.
TurboTax Online asks simple questions, like “Did you have a baby?” and puts answers directly on the tax form; customers don’t need any tax knowledge. TurboTax Online does all the hard work, searching more than 400 tax deductions so customers can be confident they are getting the biggest refund they deserve.
TurboTax also transfers data from the prior year’s return, checks the Canada Revenue Agency’s “My Account” for this year’s slips and automatically fills in information on the return, giving customers a jump-start on their taxes.
Canadians claim to be early birds when it comes to their taxes, with 80 percent filing as soon as they have their paperwork in order. With TurboTax, Canadians have the luxury of seamlessly switching between any device and can securely pick up right where they left off at their convenience. Taxpayers can begin preparing their taxes today in advance of the CRA official opening in mid-February. This is especially relevant for the 69 percent of Canadians who expect to receive a tax refund this year.
“TurboTax makes it easy for you to take charge of your taxes and get them done right, worry free,” said Todd Stanley, general manager of TurboTax Canada. “We take the stress out of tax time, helping ensure that your return is accurate and complete, so you can be confident you’re getting your maximum refund guaranteed.”
For the coming tax season, TurboTax Online products include:
- Auto-Fill My Return: With Auto-Fill My Return, TurboTax enables customers to instantly import their official tax information, such as a T4 and RRSP investment receipts, directly from their CRA “My Account” into their tax return quickly and accurately. With just a few clicks, their tax return is populated with the most accurate and up-to-date information available, right from CRA.
- Comprehensive Help: TurboTax has comprehensive customer support, including phone, chat and 24/7 answers from a community of experts and other contributors. This year, TurboTax agents can co-browse in real time with the customer so they can highlight next steps and actions easily and quickly.
Canadians can also prepare and file their taxes for free with TurboTax Free. New this year, TurboTax Free is also available in French, extending completely free online and mobile tax preparation to Québec.
With more than 20 years’ experience helping Canadians file their taxes confidently and get all the money they deserve, TurboTax Online products are available at www.turbotax.ca. For more information, tax tips and advice, please visit www.blog.turbotax.ca/.
About Intuit Inc.
Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks® and TurboTax®, which make it easier to manage small businesses and tax preparation and filing. Mint provides a fresh, easy and intelligent way for people to manage their money, while Intuit's ProConnect brand portfolio includes ProConnect Tax Online, ProSeries® and Lacerte®, the company's leading tax preparation offerings for tax professionals and accountants.
Founded in 1983, Intuit had revenue of $4.7 billion in its fiscal year 2016. The company has approximately 7,900 employees with major offices in the United States, Canada, the United Kingdom, India, Australia and other locations. More information can be found at www.intuit.com.