Rental records for Wealthsimple Tax
Wealthsimple Tax prepares and files your return. Rentdocket helps you organise the records you need first.
What Wealthsimple Tax handles
Prepare and file your personal return through CRA NETFILE. The Basic plan is pay-what-you-want, including $0.
The rental-income section handles income, expenses, ownership, personal use, and CCA. Co-owners preparing returns in the same account can share rental information.
What Rentdocket adds
Record rent and expenses through the year, keep receipts with each entry, and flag anything that needs another look.
Create a T776 summary for each property and owner. Review it against your records, then enter the figures in Wealthsimple Tax or share them with your accountant. Rentdocket does not file your return.
If your records are already organised, you may not need a separate tracker.
Check your expense categories
The free T776 expense guide lists the CRA categories. No account needed.