Taxes question

[Asker302]

Would need to do a Tax Return for a 67 year old PR (became PR for tax purposes this year)

Any advice on how to prepare?
Would simple TurboTax do the trick or is it better to get some advice from tax professional for the first year?

 

[Asker302]

Would need to do a Tax Return for a 67 year old PR (became PR for tax purposes this year)

Any advice on how to prepare?
Would simple TurboTax do the trick or is it better to get some advice from tax professional for the first year?

Maybe there is some kind of resource dedicated retirees, that I can read?

 

[Hurlabrick]

I used to do all my own tax returns in the UK, but I have chickened out and now use a tax accountant in Canada. They have saved money for me in ways I would never have known. So I will keep on using a Canadian tax accountant.

 

[Asker302]

I used to do all my own tax returns in the UK, but I have chickened out and now use a tax accountant in Canada. They have saved money for me in ways I would never have known. So I will keep on using a Canadian tax accountant.

Is your case complex and how much would this cost?

 

[Hurlabrick]

Is your case complex and how much would this cost?

Not particularly complex. I have a pension income from a UK income drawdown. Adviser charges$350ish a year

 

[Asker302]

Not particularly complex. I have a pension income from a UK income drawdown. Adviser charges$350ish a year

Thank you

This seems expensive for my case, I might need to find the applicable regulations to be able to do it myself