Wealthsimple Tax review (2026): is the free plan enough?
Canadian personal tax filing with a pay-what-you-want basic plan
Black Friday: is there a Wealthsimple Tax sale?
Wealthsimple Tax report card
Very good · out of 4.0 · graded Nov 13, 2026
Best for Canadian personal tax filing for free
Wealthsimple Tax files Canadian personal returns online, and Basic is pay what you want, down to $0, for up to 2 returns. Plus and Pro cost CA$40 and CA$80 per tax year and add audit protection and an expert session.
Who Wealthsimple Tax is for
- Fits if you file a Canadian return for yourself and one more person
- Works for people who want to pay what they choose
Who Wealthsimple Tax is not for
- Not for you if you file outside Canada, as it covers Canadian returns only
- Tight if you file more than 2 returns, as Basic stops there and Plus allows 8
- Watch out: Pro is not available in Quebec or in French
- Watch out: Plus and Pro are free only for qualifying Premium or Generation clients
- Watch out: prices are in Canadian dollars plus tax
Why Wealthsimple Tax gets a 3.0
Five grades, each with its reason. The GPA is their average: an A is 4 points, an F is none.
- AValue for moneyBasic is pay what you want including $0, and Plus is CA$40 a tax year, so it is free and substantial.
- AFree plan and trialFree outright at $0 for up to 2 returns with every form and income type, which a person filing for themselves does not outgrow.
- BFeaturesCRA auto-fill, a credits search, a max-refund guarantee and audit protection do the whole job of a Canadian personal return.
- CEase of useA web app with no store rating on record, and you still enter your own figures.
- CPlatforms and integrationsWeb only, and no integrations are listed.
What these grades rest on. Graded from this listing, whose facts were read from Wealthsimple Tax's own pages on 13 November 2026. Not based on using the product, and shorter than our full reviews. How we review and grade.
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<a href="https://toolgpa.com/tools/wealthsimple-tax#review"><img src="https://toolgpa.com/badge/wealthsimple-tax.svg" alt="Wealthsimple Tax: 3.0 GPA on ToolGPA" width="196" height="56"></a>Where Wealthsimple Tax stands among accounting and invoicing tools
Wealthsimple Tax's GPA of 3.0 is higher than 118 of the 127 other accounting and invoicing tools we grade, and level with 2.
It stands best on free plan and trial (A, above 119 of 127) and worst on platforms and integrations (C, above 2).
Each grade against the category
Every bar is all 128 accounting and invoicing tools we grade, cut by the letter each got. Wealthsimple Tax’s own letter is outlined.
- AValue for moneyAbove 111 of 127, level with 16
- AFree plan and trialAbove 119 of 127, level with 8
- BFeaturesAbove 86 of 127, level with 41
- CEase of useAbove 6 of 127, level with 109
- CPlatforms and integrationsAbove 2 of 127, level with 25
Keep Wealthsimple Tax, or make your own?
Keep it
The plain part of Wealthsimple Tax you could make: calculator and forms. What surrounds it you could not. The 1 things listed below take a company, not a weekend.
It is one of the better ones too: its GPA of 3.0 is higher than 118 of the 127 other accounting and invoicing tools we grade.
What you could make
- Calculator and forms: an app builder makes these well.
What you could not
- The depth: we grade its features B, which means it covers the whole job.
What this rests on. Wealthsimple Tax’s listing: what it does, where it runs, what it plugs into and what it costs. It is a judgement about the kind of software this is. We have not built a replacement for it, and making your own means looking after it too. How we decide, and every tool’s verdict.
What is Wealthsimple Tax?
Wealthsimple Tax is online tax software for Canadian personal returns, certified by the CRA and Revenu Québec for NETFILE. The Basic plan is pay what you want, including nothing, and covers employment, investment and self-employed income. Paid plans add audit protection, more returns and, with Pro, a session with a tax expert.
Worth knowing
- Prices are in Canadian dollars plus tax; Wealthsimple Tax serves Canadian returns only.
- Pro is not available to Quebec residents or in French, and expert availability is only guaranteed if booked before April 6, 2026.
- Basic allows 2 returns and Plus 8 per account; the page lists Pro as 9+ in one place and up to 20 in its FAQ, 20 being the CRA's NETFILE limit.
- Plus and Pro are free only for Wealthsimple clients who qualify as Premium or Generation.
Key features
- Pay-what-you-want filing
- The Basic plan lets you choose what to pay, down to $0, and the page says there are no limits on the income types or deductions it covers.
- CRA auto-fill
- Tax slips can be imported from the CRA or Revenu Québec, and existing Wealthsimple clients have personal details carried over.
- Credits and deductions search
- The software searches over 400 possible credits and deductions and, for couples, works out who should claim what.
- Maximum refund guarantee
- If a competitor's software finds a larger refund on identical information before December 31, 2026, Wealthsimple refunds the competitor's price up to $50 CAD or any payment you made, whichever is greater.
- Audit protection
- Plus and Pro include help if the CRA or Revenu Québec reviews or audits a return.
- Expert session
- Pro includes a one-on-one 30-minute consultation with a tax expert, followed up by email.
Wealthsimple Tax pricing
As of Nov 13, 2026, Wealthsimple Tax has a free plan, and paid plans start at CA$40 + tax per tax year (Plus); Basic is pay what you want, including $0.
- Starts at
- CA$40 + tax per tax year (Plus); Basic is pay what you want, including $0
- Free plan
- Basic: pay what you want, including $0, for up to 2 returns, with every form and income type available.
- Free trial
- None listed
| Plan | Price | What you get |
|---|---|---|
| Basic | $0 | Pay what you want, even $0; up to 2 returns, max-refund guarantee and standard (3-day) email support. |
| Plus | CA$40per tax year, plus tax, in Canadian dollars | Up to 8 returns, audit protection and priority (1-day) email support; free for Premium clients. |
| Pro | CA$80per tax year, plus tax, in Canadian dollars | Everything in Plus plus a 30-minute one-on-one session with a tax expert; free for Generation clients; not available in Quebec or in French. |
Read from wealthsimple.com on Nov 13, 2026. Prices change, so confirm with Wealthsimple Tax before you buy.
Ways to pay less
- Other savingsFree Plus or Pro for Premium and Generation clients
Wealthsimple clients who qualify as Premium or Generation get the Plus or Pro plan at no charge.
Stated on wealthsimple.com
Wealthsimple Tax alternatives
- Wealthsimple Tax vs UFile
Free plan · from $20.95
- Wealthsimple Tax vs StudioTax
Free plan · from $17.50/yr
- Wealthsimple Tax vs TurboTax
Free plan · from $84/yr
- Wealthsimple Tax vs TaxAct
Free plan · from $44.99/yr
Common questions
Does Wealthsimple Tax have an Android app?
No Android app was listed when its pages were read on Nov 13, 2026. Wealthsimple Tax is listed for Web.
Does Wealthsimple Tax have an iPhone app?
No iPhone app was listed when its pages were read on Nov 13, 2026. Wealthsimple Tax is listed for Web.
Is Wealthsimple Tax open source?
Wealthsimple Tax is not described as open source on its own site, as read on Nov 13, 2026.
Sources for this page
The prices, plans, platforms and features above were read from these pages on Nov 13, 2026.