Filing tax

Forum|Forum|2 years ago
March 30, 2024
1 reply
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I started filing Tax using Turbotax online version. Also used other Tax softwares in preparing my tax to get maximum refunds like like wealthsimple, cloudtax and Ufile .Why am I getting different refund and owing amount for each tax software, do all the tax software run on different algorithms? Any apt answer for this?

TurboTaxSusan

We guarantee our calculations are 100% accurate.* If you pay a penalty because of a TurboTax calculation error, we'll reimburse you the penalty and interest.
(Does not include calculation errors due to errors in CRA tables.)

We can't comment on other companies' software.

mthomas8084Author

Again can I know the reason why I am getting different refund and owing amounts for each tax software?

TurboTaxSusan

If you put in different information into each of the returns, then you'll get different results.

But again, we don't work for the other companies, and so we can't comment on their products. We believe that our software is correct based on the information that you have input.