TaxAct vs Wealthsimple Tax

TaxAct8.8Visit Wealthsimple Tax7.9Visit

Higher score TaxAct #3 in Personal Tax Software 8.8/10 Free plan Free plan✓ 4 of 4 features Visit TaxAct

vs

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

• TaxAct fits best

  Multi-device US filing with assistance

• Wealthsimple Tax fits best

  Canadian filers wanting expert access

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Side by side

Feature	TaxAct 8.8/10 Visit ↗	Wealthsimple Tax 7.9/10 Visit ↗
At a glance
Editor score	8.8	7.9
Ranking	#3 in Personal Tax Software	#12 in Personal Tax Software
Best for	Multi-device US filing with assistance	Canadian filers wanting expert access
Pricing model	Free plan + paid	Free plan + paid
Starting price	$44.99 one-time	—
Free plan	✓	✓
Free trial	—	—
Deployment	Cloud, Desktop, Mobile	Cloud
Platforms	Web, Windows, macOS, iOS, Android	Web
Support	Phone, Live chat, Docs	Email, Docs
Compliance	2FA	2FA
Built for	Solo, Small business	Solo, Small business
Features TaxAct 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	Supports investment, crypto, rental, and self-employment returns Works across web, Windows, macOS, iOS, and Android Offers uploads, cross-device saving, expert help, and Audit Defense	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 filing is an additional charge Important return types require paid plans Live expert assistance is an add-on	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	TaxAct is US tax preparation software for individuals, self-employed filers, and small businesses. It provides guided federal and state return preparation through web, Windows, macOS, iOS, and Android, with support for standard returns,… 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

• TaxAct — where it wins

  • Supports investment, crypto, rental, and self-employment returns
  • Works across web, Windows, macOS, iOS, and Android
  • Offers uploads, cross-device saving, expert help, and Audit Defense

  Where it doesn't

  • State filing is an additional charge
  • Important return types require paid plans
  • Live expert assistance is an add-on

• 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

• TaxAct8.8/10 · Free plan

  A broad US tax filing option with free entry, paid coverage, and expert help.

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

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

  Visit WealthsimpleFull verdict →