TurboTax Canada vs Wealthsimple Tax

TCTurboTax Canada8.2Visit Wealthsimple Tax7.9Visit

Higher score TC TurboTax Canada #9 in Personal Tax Software 8.2/10 Free plan Free plan✓ 4 of 4 features Try TurboTax Canada

vs

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

• TurboTax Canada fits best

  Full-featured Canadian tax filing

• Wealthsimple Tax fits best

  Canadian filers wanting expert access

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Side by side

Feature	TCTurboTax Canada 8.2/10 Visit ↗	Wealthsimple Tax 7.9/10 Visit ↗
At a glance
Editor score	8.2	7.9
Ranking	#9 in Personal Tax Software	#12 in Personal Tax Software
Best for	Full-featured Canadian tax filing	Canadian filers wanting expert access
Pricing model	Free plan + paid	Free plan + paid
Starting price	—	—
Free plan	✓	✓
Free trial	—	—
Deployment	Cloud, Mobile	Cloud
Platforms	Web, iOS, Android	Web
Support	Phone, Live chat, Community	Email, Docs
Compliance	2FA	2FA
Integrations	3 integrations	2 integrations
Built for	Solo	Solo, Small business
Features TurboTax Canada 4/4 · Wealthsimple Tax 4/4
Self-employment support	✓	✓
Investment income	✓	✓
Rental income	✓	✓
Audit support	✓	✓
Specs
State filing	Included	Included
Mobile access	Web_and_mobile	Web_only
Our review
Pros	CRA and provincial filing with NETFILE support Searches hundreds of deductions and credits Supports investment, rental and self-employment income	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	Paid editions are needed for several advanced situations Expert assistance and audit options are additional services Pricing varies by edition and is charged per return	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	TurboTax Canada is online tax preparation and filing software for Canadian individuals. Its Free edition covers simple tax situations, while paid editions address donations, medical expenses, employment expenses, capital gains and losses,… 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

• TurboTax Canada — where it wins

  • CRA and provincial filing with NETFILE support
  • Searches hundreds of deductions and credits
  • Supports investment, rental and self-employment income

  Where it doesn't

  • Paid editions are needed for several advanced situations
  • Expert assistance and audit options are additional services
  • Pricing varies by edition and is charged per return

• 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

• TCTurboTax Canada8.2/10 · Free plan

  A broad Canadian tax filing option covering simple returns, investments, rentals and self-employment.

  Try TurboTax CanadaFull verdict →
• Wealthsimple Tax7.9/10 · Free plan

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

  Visit WealthsimpleFull verdict →