CloudTax vs TurboTax
CloudTax
cloudtax.ca
TurboTax
turbotax.intuit.comSide by side
| Figure | CloudTax | TurboTax |
|---|---|---|
| Price from | $3.25/mo | $79/mo |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| Plans published | 14 | 11 |
| Spec score · Tax Software | 9.2 (#4) | 8.9 (#12) |
| Spec score · Personal Tax Software | 9.1 (#5) | 8.9 (#12) |
| Audit support | Plus and Pro include Audit Protection; Free users can purchase Audit Support as an add-on. | Eligible customers receive one-on-one question-and-answer support; representation costs extra. |
| Free plan | Yes | Yes |
| Headquarters | Toronto, Ontario, Canada | Mountain View, California, United States |
| Investment income | Yes | Yes |
| Mobile access | web_and_mobile | web_and_mobile |
| Refund policy | CloudTax says excess accidental payments will be refunded. | Printing or electronically filing means satisfaction and generally waives the right to a refund. |
| Rental income | Yes | Yes |
| Self-employment support | Yes | Yes |
| State filing | included | State filing is free with Free Edition and additional with Deluxe. |
Plans
CloudTax
- CloudTax FreeFree
- CloudTax Plus$39 a year
- Review & File Basic$75 a month
- Review & File Premium$125 a month
- Review & File Business$149 a month
- Done For You Basic$99 a month
- Done For You Premium$249 a month
- Done For You Business$349 a month
- Basic Done For YouPrice not published
- Basic ReviewPrice not published
TurboTax
- Free EditionFree
- Do It Yourself Deluxe$79 a month
- Do It Yourself Deluxe$79, paid once
- Do It Yourself Premium$139, paid once
- Do It Yourself Premium$139 a month
- Expert Assist Premium$209, paid once
- Expert Assist Premium$209 a month
- TurboTax Free EditionFree
- TurboTax Mobile Free OfferFree
- TurboTax Do It Yourself Deluxe$79, paid once
In their own words
CloudTax
CloudTax is tax-filing software from CloudTax Inc., based in Toronto, Ontario. It supports self-guided filing and options with review or preparation, and completed returns are submitted to the CRA through NETFILE. The Free plan supports simple tax situations and up to two returns; users can choose to pay even $0. Plus costs $39 a year and allows up to 20 returns from one dashboard. The software supports self-employment, investment, and rental income. It can import CRA slips, use AI to extract details from scanned or uploaded tax documents, and connect with Koinly crypto taxes and CloudReceipts. CloudReceipts captures, categorizes, and manages receipts and syncs expenses for deductions. CloudTax is available on iOS and Android, with web and mobile access. Tax data is encrypted on its servers, and CloudTax says it shares information only with the CRA when the user submits a return through NETFILE. Support options include live chat, email, video tutorials, and tax experts. CloudTax has been CRA-certified since the 2018 tax year.
TurboTax
TurboTax is tax preparation software available online, on mobile, and as desktop software. It supports returns involving self-employment, investment income, and rental income, with state filing available as a paid add-on. Users can import, upload, or photograph documents, including information from participating employers and financial institutions; the maker says auto-imports are available from more than one million such organizations. Customers can receive unlimited expert advice or have an expert prepare a return from start to finish. Free filing is limited to simple Form 1040 returns, and the listed estimate is that about 37% of taxpayers qualify. The free tier excludes itemized deductions, business income, stock sales, rental income, and other schedules. Deluxe searches more than 350 deductions and credits, while Premium lists more than 450. Do It Yourself Deluxe is listed at $79, paid once for federal filing, with state additional. TurboTax says its accuracy guarantee covers IRS or state penalties and interest caused by a calculation error, subject to terms.