Paycheque and Tax Filing

user8671981
user8671981 Member ✭✭
edited December 2023 in All Things Canadian (Windows)

I am using Canadian Quicken Classic Basic. I've set up my paycheque and also my RIF Pension as a paycheque. Can I run a report that I can use for Tax filing that will show my Gross, deductions, and net? Currently TurboTax. Is there another way to capture taxes withheld for year-end tax filing?

Comments

  • Arctic Hare
    Arctic Hare Quicken Windows Subscription SuperUser ✭✭✭✭

    I use Canadian Quicken Home & Business and I also file my income tax using TurboTax. In my view, the Tax Reports in Canadian Quicken aren't great; having said that, I also don't find much use for generating such reports in Quicken. TurboTax can no download all T-slip data from CRA, which is much more convenient - and accurate - than running a report in Quicken and then manually porting the data. Put another way, with some effort I think you could get close to the report you are seeking by customizing one of the existing Tax Reports, but it's not obvious to me that it is worth doing.

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