FreeTaxUSA vs Wealthsimple Tax

FreeTaxUSA8.7Visit Wealthsimple Tax7.9Visit

Higher score FreeTaxUSA #4 in Personal Tax Software 8.7/10 Free plan Free plan✓ 4 of 4 features Visit FreeTaxUSA

vs

Wealthsimple Tax #12 in Personal Tax Software 7.9/10 Free plan Free plan✓ 4 of 4 features Visit Wealthsimple

• FreeTaxUSA fits best

  Low-cost comprehensive US filing

• Wealthsimple Tax fits best

  Canadian filers wanting expert access

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature	FreeTaxUSA 8.7/10 Visit ↗	Wealthsimple Tax 7.9/10 Visit ↗
At a glance
Editor score	8.7	7.9
Ranking	#4 in Personal Tax Software	#12 in Personal Tax Software
Best for	Low-cost comprehensive US filing	Canadian filers wanting expert access
Pricing model	Free plan + paid	Free plan + paid
Starting price	—	—
Free plan	✓	✓
Free trial	—	—
Deployment	Cloud	Cloud
Platforms	Web	Web
Support	Email, Live chat, Phone, Tickets, Community	Email, Docs
Built for	Solo, Small business	Solo, Small business
Features FreeTaxUSA 4/4 · Wealthsimple Tax 4/4
Self-employment support	✓	✓
Investment income	✓	✓
Rental income	✓	✓
Audit support	✓	✓
Specs
State filing	Paid_add_on	Included
Mobile access	Web_and_mobile	Web_only
Our review
Pros	Free federal filing includes self-employment, investments, crypto, and rentals Imports W-2s, 1099s, and competitor return PDFs Optional audit defense and tax-professional support are available	Free filing includes access to all tax forms and optional $0 payment Supports self-employment, investments, rentals, and foreign income Pro adds one-on-one, year-round access to tax experts
Cons	State tax return preparation and e-file are paid add-ons Optional Deluxe, Pro, and audit services add to the cost Access is browser-based rather than through a native mobile app	Available on the web only; its mobile app is no longer supported Pro is unavailable in Québec Expert guidance and audit protection require paid plans
Our verdict	FreeTaxUSA is an online tax preparation service for U.S. individual taxpayers who want to file federal returns through a web browser. Its free federal filing supports common and more complex situations, including self-employment and… Read the review →	Wealthsimple Tax is web-based Canadian tax software for residents with a Social Insurance Number who want to file their own returns with the option of paid support. It supports CRA and Revenu Québec NETFILE-certified filing, slip imports,… Read the review →

Strengths and trade-offs

• FreeTaxUSA — where it wins

  • Free federal filing includes self-employment, investments, crypto, and rentals
  • Imports W-2s, 1099s, and competitor return PDFs
  • Optional audit defense and tax-professional support are available

  Where it doesn't

  • State tax return preparation and e-file are paid add-ons
  • Optional Deluxe, Pro, and audit services add to the cost
  • Access is browser-based rather than through a native mobile app

• Wealthsimple Tax — where it wins

  • Free filing includes access to all tax forms and optional $0 payment
  • Supports self-employment, investments, rentals, and foreign income
  • Pro adds one-on-one, year-round access to tax experts

  Where it doesn't

  • Available on the web only; its mobile app is no longer supported
  • Pro is unavailable in Québec
  • Expert guidance and audit protection require paid plans

• FreeTaxUSA8.7/10 · Free plan

  A broad, low-cost option for complex federal returns, with state filing priced separately.

  Visit FreeTaxUSAFull verdict →
• Wealthsimple Tax7.9/10 · Free plan

  A flexible Canadian filer for complex returns, with optional access to tax experts.

  Visit WealthsimpleFull verdict →