When you click the Review & Optimize button in Wealthsimple Tax, your refund or balance may change. Here's why this happens and what to expect:

How Review & Optimize works:

1. Runs calculations to maximize your tax benefits
2. Adds certain credits that weren't previously included
3. Optimizes deductions and credits for linked partner profiles

What to expect:

• Your overall tax situation should improve
• Your balance should decrease or refund increase
• For linked profiles, the combined benefit is optimized

For individual profiles:

• You should only see positive changes in your tax outcome

For linked partner profiles:

• One partner's refund might decrease slightly
• The other partner's refund will increase to offset this
• The total benefit for both partners will be greater

Important notes:

• You must click the Review & Optimize button before submitting your tax return
• Review the changes made by the optimizer

To review optimization results:

• Go to the Summary section in your Wealthsimple Tax profile
• Check the Credits and deductions table in the Summary > Optimizations section for detailed changes

Remember:

• Keep your profile information up-to-date for accurate optimization
• You can adjust optimizer suggestions if needed

For assistance using the Review & Optimize feature in Wealthsimple Tax, please contact Wealthsimple support.