Yes, you can prepare you and your wife’s taxes at the same time. The cost depends on what version of TurboTax you use.
With TurboTax CD/Download (for Windows), you pay one price and get a number of returns. The price and number of returns depends on which version you choose. Our website shows what is available here: https://turbotax.intuit.ca/tax/software/download
With TurboTax Online, you pay based on what you enter on your return. For example, if you start in the Deluxe version, but enter something that Deluxe doesn’t cover, then you’ll automatically be upgraded to the version that does include it. Your spouse will be upgraded as well. You can see what each version covers on our website here: https://turbotax.intuit.ca/tax/software/online