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posted Dec 7, 2022 12:05:08 PM

which turbo tax should I purchase

my wife and i are both retired with pensions, i just started a small self emplyed business and have made a fair profit, which turbo tax should i purchase to handle our pensions and profit from business

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1 Replies
Level 3
Dec 9, 2022 2:00:23 AM

Based on your situation I would recommend the self-employed package for you. The self-employed package includes aspects like:

- Covers Covid-19 support such as CERB, CRB, CRCB, CRSB, CEWS, CERS, CESB, etc 

- Import slips directly from the CRA with Auto-fill my return
- Covers employment, unemployment, and pension income
- Shows you how different RRSP contributions impact your tax outcome
- Claim tuition, scholarships, grants, and other student credits
- Searches 400+ deductions and credits for you
- Get on-demand customer care via phone and one-way video
- Claim stocks, rental income, capital gains, and other investments
- Claim industry-specific deductions and self-employment expenses
-Taxes are guaranteed done right
For more information on filing your taxes as a self-employed person, here is a link to a great TurboTax article. 
 
Thank you for choosing TurboTax.