MagicalPretzel
MagicalPretzel

File taxes for software engineers

It will turn out a year since I join Google as software engineer passing out of college. Now in this tax filing season I am very much scared to file my taxes since I don't know anything about ITR. Can you guys help me suggest some good platforms for tax filing, I have heard about these:

  1. Cleartax
  2. Quicko
  3. Taxbuddy

Btw, haa anyone tried quicko? Have heard about their experience is smooth and nice? Pepul please help me with this..

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SleepyCupcake
SleepyCupcake

I've used Quicko for last 2 years but faced an issue this year. They've started to push for a pro subscription if you've more than 100 transactions in your broker account for the FY. As I use smallcases for my stock investments, it'll easily cross 100 transactions as I've an active monthly SIP and monthly/quarterly rebalances.

Then I tried using cleartax but it's unable to parse my form 16. Not sure if they'll also prompt for a subscription in the last step.

MagicalPretzel
MagicalPretzel

Between cleartax and quicko, what would you prefer?

SleepyCupcake
SleepyCupcake

Quicko

SillyPickle
SillyPickle

Have tried Quicko, it's really easy. Also it's Zerodha backed so I trust them. Cleartax is very shady (surprised because it's YC backed).

I know some people who work at cleartax and Quicko both. Have heard some very shady and unethical stuff about cleartax. I've heard Quicko founder talk in multiple forums with brokers and he seems like a genuine guy.

SwirlyPretzel
SwirlyPretzel

Income tax department website - it’s pretty neat and guided. If you don’t have very complicated transactions, give that a try before reaching out to a CA. Filing taxes is not rocket science for ITR1 and ITR2 at least. Filing ITR3 this time, will tell you if that is. :)

GigglySushi
GigglySushi

Try quicko if you only have income from salary

WigglyPenguin
WigglyPenguin

You can watch a video on LLA. It's very easy to do

GoofyPotato
GoofyPotato

Why don't you hire a CA? It will cost you some money 5k-10k, but you will be at peace.

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