Apps and tools for a calm, enjoyable life

Wealthsimple Tax

Pay What You Want

Wealthsimple Tax, formerly SimpleTax, is a pay-what-you-want tax filing software that offers a straightforward and user-friendly approach to filing taxes online.

Our take

Fair pricing and easy to use.

Alright, let's talk about Wealthsimple Tax. This is basically one of those tax-filing tools that’s supposed to make the whole process less of a headache. First off, the interface is pretty clean and straightforward, which is great because taxes are confusing enough without a messy layout. You log in, and everything's laid out in a way that doesn't make you want to pull your hair out. The step-by-step guidance really helps you understand what information you need to input. So, if you’re not a tax whiz, you’re not left in the dark.

One thing I dig about Wealthsimple Tax is that it’s pay-what-you-want. You can literally file your taxes for free if you want to, which is a breath of fresh air compared to those services that nickel-and-dime you for every little feature. The catch? Well, they do ask for donations at the end, which can feel a bit awkward if you’re not planning on paying. It's a bit like when you're at a coffee shop and they have a tip jar right at the checkout. You can ignore it, but you kinda feel the pressure.

Now, let’s talk about accuracy. Wealthsimple Tax syncs with the CRA, which means it can auto-fill a bunch of your tax info, straight from the source. That's a huge time-saver and reduces the chances of you making a mistake. However, if your tax situation is complicated, like you’ve got investments or self-employment income, you might still find yourself scratching your head. It’s not as comprehensive as some of the pricier software out there, but for straightforward returns, it does the job well.

Customer support is another area where Wealthsimple Tax is kind of hit or miss. They don’t have a phone line, which can be frustrating if you need immediate help. Instead, you’re stuck with email support, which can be slow if you’re in a pinch. They’ve got some decent help articles, but if you’re stuck in a tax rabbit hole at 11 PM, you might feel a bit stranded. It’s something to keep in mind if you’re used to the instant gratification of a phone call.

Overall, Wealthsimple Tax is a solid option if you’re looking to file your taxes without spending a dime. It’s simple, efficient, and doesn’t drown you in jargon. But, if you’ve got a complex tax situation or a lot of questions, you might want to consider other options. It’s a great tool for the basics, but it’s not a catch-all solution. Just know what you’re getting into, and it should serve you well. You know, as well as anything related to taxes can, anyway.