Managing taxes as a freelancer in Canada can be complex, but the right tax software can simplify the process, save time, and ensure accuracy. Here’s a guide to the best tax software options tailored for Canadian freelancers.
1. TurboTax Self-Employed
TurboTax is a widely recognized tax software in Canada, offering a version specifically designed for self-employed individuals. It provides step-by-step guidance to help freelancers identify deductions related to home office expenses, mileage, and equipment costs. The software integrates with QuickBooks for seamless expense tracking and offers access to live tax experts for personalized assistance. TurboTax is NETFILE-certified, ensuring secure and efficient filing with the Canada Revenue Agency (CRA).
Pricing: The Self-Employed version is priced at $49.99 per return.
Learn More: TurboTax Self-Employed
2. H&R Block Self-Employed Online
H&R Block offers a user-friendly interface and comprehensive support, making it ideal for freelancers. Its Self-Employed plan is perfect for managing freelance income and expenses. The software provides a deduction discovery tool, year-round access to tax professionals, and an option to have a tax pro review your return. H&R Block is NETFILE-certified, ensuring secure and efficient filing with the CRA.
Pricing: The Self-Employed version is priced at $34.99 per return.
Learn More: H&R Block Self-Employed Online
3. Wealthsimple Tax
Wealthsimple Tax, formerly known as SimpleTax, is a free, user-friendly tax software that caters to freelancers. It offers a straightforward interface and supports various tax situations, including self-employment income. The software is donation-based, allowing users to pay what they want. Wealthsimple Tax is NETFILE-certified, ensuring secure and efficient filing with the CRA.
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Pricing: Free (donation-based).
Learn More: Wealthsimple Tax
4. UFile
UFile is a well-known tax software in Canada that offers a version tailored for self-employed individuals. It provides comprehensive support for various tax situations, including freelance income, and offers a deduction discovery tool to help maximize refunds. UFile is NETFILE-certified, ensuring secure and efficient filing with the CRA.
Pricing: The Self-Employed version is priced at $19.99 per return.
Learn More: UFile
5. StudioTax
StudioTax is a Canadian tax software that offers a free version for individuals with simple tax situations and a paid version for more complex returns, including self-employment income. It provides a comprehensive set of features and is NETFILE-certified, ensuring secure and efficient filing with the CRA.
Pricing: The paid version is priced at $15 per return.
Learn More: StudioTax
How to Choose the Best Tax Software for You
Evaluate Your Needs: Determine whether you need guidance on deductions or integration with bookkeeping tools.
Consider Pricing: Some tools are more cost-effective, especially if your tax situation is straightforward.
Think About Support: Access to tax professionals can be invaluable if you have complex questions.
Final Thoughts: Best Tax Software for Freelancers in 2025
Taxes don’t have to be a headache for Canadian freelancers. With the right software, you can streamline the process, maximize deductions, and file confidently. Whether you choose a premium tool like TurboTax or a free option like Wealthsimple Tax, there’s a solution to fit your needs and budget.
Take control of your taxes today—your future self (and your wallet) will thank you! If you need expert freelancers to help manage your workload, visit Lynkss to connect with top-tier talent today.