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MilTax vs Wealthsimple Tax

Both stand on tax software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

MilTax

Free plan Web

MilTax provides free military-focused filing with consultant assistance and support for several military and income situations. Eligibility checks and the seasonal availability of preparation software are important constraints.

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Wealthsimple Tax

Free plan Web

Wealthsimple Tax lists support for several income types, state filing, and audit support.

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The facts

MilTaxWealthsimple Tax
Free planYesYes
Open sourceNot publishedNot published
Runs onWebWeb
Lowest paid planFree or on requestFree or on request
Plans published26
MakerNot publishedWealthsimple Tax
Websitemilitaryonesource.milwealthsimple.com
On tax software#55 of 149#51 of 149

MilTax: what it does well

  • Free federal and up to five state returns
  • Supports military tax situations
  • Consultants available year-round
  • Self-employment and rental income support
  • Save and resume online returns

What to know first

  • DEERS eligibility verification required
  • Eligibility checked each access until completion
  • Tax software available mid-January through mid-October
  • Web access only

Wealthsimple Tax: what it does well

  • Free plan is available.
  • Supports self-employment, investment, and rental income.
  • State filing and audit support are listed.
  • Pro covers nine or more returns.

What to know first

  • Available on the web only.
  • Mobile access is web only.

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