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Because Microsoft will no longer provide security updates or support for PCs running Windows 7, we strongly recommend that desktop customers using Windows 7 upgrade to Windows 10 before installing their product. TurboTax for tax year 2019 will instal... read more
If you're renting the room at fair market value, you must declare the income as rental income. You could then also claim rental expenses. If your tenant isn't paying fair market value, you're in a "cost-sharing" scenario. In a cost-sharing scenario, ... read more
If you make a portion of your income from within Canada, but live abroad or haven't yet made Canada your home, the idea of taxes can seem complicated and frustrating. At TurboTax Canada, we're here to help. We've developed this easy-to-navigate hub f... read more
Form T2201 (Disability Tax Credit Certificate), and any other supporting documents, can now be submitted electronically, using the secure “Submit Documents” tool in the My Account or Represent a Client portals. This new electronic option has been add... read more
A non-resident of Canada, who has earned income from Canada, is subject to Canadian income tax requirements. Non-residents are also generally eligible to claim Canadian tax credits and deductions as well. Non-residents who are required or eligible to... read more
If you are considered a non-resident of Canada, but have received income from a source within Canada, then you are generally liable to pay Canadian income tax on that income. This is commonly referred to as Part XIII of the Income Tax Act, whereby th... read more
If you’re having trouble activating your TurboTax software using the internet, you can instead try activating using our automated telephone activation. To do so, follow the steps below: Steps to activate TurboTax via phone After launching your versio... read more
As with all TurboTax software, you are given two options to submit your return to the Canada Revenue Agency (CRA), once completed. You may choose to print and mail a copy of your return to the CRA, or you can file electronically. For TurboTax Busines... read more
To ensure you have access to all the latest features and improvements, it’s important to always use an updated version of TurboTax Business Incorporated. To find out if an update is available for your current version, select from one of the following... read more
There are many tax implications to be considered for those who earned income in Canada and who may call another country home. First, it's important to determine which category you may fall under during a current tax year: non-resident or deemed resid... read more
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