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Wealthsimple Tax

Free Canadian tax filing with investment and crypto support.

About Wealthsimple Tax

Wealthsimple Tax (formerly SimpleTax) is a free online tax filing platform for Canadian residents. It handles employment income, investment income (stocks, ETFs, dividends), crypto transactions, RRSP/TFSA contributions, and all standard Canadian tax situations. Wealthsimple Tax uses an interview-free approach where users simply search for and add the tax slips and forms they have, making it faster than traditional guided filing. The platform auto-fills data from CRA using Auto-fill My Return (AFR) and supports NETFILE electronic filing. It operates on a pay-what-you-want model.

Platform Availability

Web App

Note: Web-based Canadian tax filing — not available outside Canada.

Pros

  • Free tier available for basic filing
  • Fast interview-free approach
  • CRA auto-fill integration
  • Clean, modern interface

Cons

  • Canada only
  • Basic crypto handling
  • Limited investment-specific guidance
  • Paid tiers needed for full features

Features

Free (pay-what-you-want) tax filing
CRA Auto-fill My Return integration
NETFILE electronic submission
Investment income handling
Crypto capital gains support
RRSP/TFSA tracking
T-slip document upload
Multi-province support
Previous year import
Real-time refund estimate

Pricing

Free (pay what you want), $40+/year (Plus with priority support), $80+/year (Pro with tax expert access)

Supported Markets

StocksETFsCryptoBondsMutual Funds

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