Just wondering if anyone has recommendations as I know sometimes you can save more money by holding off on declaring certain things from year to year- such as tuition payments for example. I am 99% sure I don’t owe any money but want to maximize my return from the past 3 years. Any help is appreciated!
Well, you can’t just “hold off” on declaring something like tuition. It has to be claimed in the year it applies in order to be carried forward to future years. If it is not needed in one year, it carries forward to the next and so on.
I have been using Genutax for several years now and am quite happy with it. They ask a bunch of helpful questions and you enter your information on pages that look just like your forms so it’s really hard to screw up. You can prepare and print returns going back as far as 2003. What I like most about it is that you pay ONCE ($39.99 + taxes) and they send you free updates every year. I think I’ve been using it about 8 years now. There’s also a 30 day trial version. It’s the same thing, just that you can’t print or Netfile. Since you will have to send in paper forms anyway, you could probably just fill out forms downloaded from CRA’s website using the calculations from the software…. but it’s so easy and keeps things neat to print everything off at once.
http://genutax.ca/
tax pro
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