Quote:
Originally Posted by bluejays
According to the HR calculator I owe $1300, on the turbotax calculator I owe $1900 
It looks like buying 1-2000 in RRSP doesn't even offset it that much either |
Bank advisor once told me that a "very general" rule of thumb is that you'll get back 1/3 of what you buy in RRSP's. i.e. If you buy $3000 in RRSP, you'll get back $1000 in taxes.
Quote:
Originally Posted by nabs
Which tax software is best?
I used to use Turbo Tax just because I was too lazy to use anything else, but then someone told me that HR software is better.
What do you guys use?
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I've used both and honestly I feel H&R is a tad easier, just because you don't have to install it on your computer. I highly doubt there's a big difference in terms of actual functionality. That said, my taxes are dead simple so for those of you with more complicated filings, one or the other may stand out