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76% Of Canadians Say They Wish They'd Learned How To File Taxes In High School

Hands up if you agree.
Contributing Writer

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We learned a lot of things in school — science, spelling, how to multiply by nine using our hands — that are actually useful in our everyday lives. But we spent very little time, if any at all, on real-world subjects like taxes and investments.

In fact, a recent TurboTax study found that a not-so-surprising 8 in 10 Canadian adults said they did not learn how to file their taxes while in high school. Of these, three quarters said that learning how to file taxes in school would have been extremely helpful later in life. Uh, hands up if you agree! Couldn’t we have swapped out long division or cursive writing for Tax Filing 101? Where were all of the subjects that actually prepare you for adulthood?

Now, as adults with little to no tax knowledge, most of us are dreading the April 30 tax deadline (which happens to be just around the corner). Will you have everything you need? Have you missed anything? What are the ramifications if you make a little mistake? If you’re not exactly sure what you’re doing or if you’re doing it correctly, don’t worry. There’s a way to make filing taxes simple.

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From the makers of Canada’s number one income Tax software, TurboTax Live, is here to save you, even if you have absolutely no idea what you’re doing when it comes to taxes, or even if you have no interest. This super-simple tax solution (which is also available as an app, so you can work on your tax return anytime, anywhere) connects you with a CPA or enrolled agent for one-on-one, unlimited online tax advice as you do your taxes.

TurboTax Live agents have an average of 10 years of experience and there’s no limit to the number of questions you can ask. This way you can do your taxes with 100% confidence, knowing that a real expert is by your side. Plus, you get a final review before you file to triple check that you haven’t missed anything.

If you’re still not confident enough to file your own taxes even with the help of a qualified expert, don’t worry, there’s an even easier option available. With TurboTax Full Service (not available in Quebec), you can have someone prepare your 2019 tax return, optimize it for credits and deductions, review it, and file it on your behalf so you can just sit back, relax, and wait for that big fat cheque to arrive. All you have to do is answer a few simple questions about yourself online to get started then authorize TurboTax to get your documents directly from the CRA. You’ll get to review everything before it’s sent off and you’ll receive a confirmation once your taxes have been filed. 

Okay, okay, it all sounds pretty great, but what about the cost, right? The best part about TurboTax's services is that they're extremely affordable. Like, less than what you'd pay for an average night out kind of affordable. Right now, TurboTax Live Assist & Review costs just $69.99 per return and their Full-Service feature will set you back just $99 per return. When you compare that to the average tax return each Canadian gets — about $1,700 in 2019 — having someone there to assist and support you when filing your taxes for less than $100 is definitely worth it, isn't it?

Plus, you're filing with total confidence. TurboTax experts have an average of 10 years of tax experience, so whether they’re reviewing your work, answering your questions in real time, or filing your return for you, you can trust them to get your taxes done right. So, what are you waiting for? The tax deadline is right around the corner!

TurboTax Live

Price: $69.99 - $99.99 (Full Service not available in Quebec).

Where: Online with TurboTax or through the TurboTax app, available now on iOS and Android.

Why You Need It: Start filing your taxes the easy way. With TurboTax Live, you get real-time advice from legit experts who will make sure you get every dollar you deserve.

To start filing your taxes with TurboTax Live, visit the TurboTax website or download the app now. For more information, visit their Facebook, Instagram, Twitter, and YouTube pages.