[Click To Enlarge]
Email A Friend - Gift Reminder |
H&R Block TaxCut 2008 Home & Business + e-file [OLD VERSION]
Availability:
In Stock
Price:
$79.99
$29.89*
|
| Part No: | B001HO6RP0 |
| Manufacturer: | H&R Block |
| MFG Part: | 111660008 |
| Customer Rating: | 3.0 / 5.0 |
|
|
| misleading | 2009-10-26 | 2 / 5 |
|
| cannot use for businesses like it says you can. ok for personal taxes. not really work the price |
| Used Taxcut for years... | 2009-09-30 | 5 / 5 |
|
| All I can say is that I have used the software for some time now and have enjoyed completing my taxes as fast as I can go through all my receipts, I think I have had to call customer service once and they were great. Also H&R Block usually costs less than the competition. |
| TaxCut found a deduction that T****Tax missed | 2009-04-30 | 5 / 5 |
|
Decided to try TaxCut this year because:
a. the reviews for the 2008 version of T*****Tax seemed to be rather negative (slow, bloated).
b. after April 1, I couldn't find any significant discounts (versus -$20 in March).
c. T*****Tax didn't do a good job in calculating the max contribution I could make to a Solo 401(k).
d. an vendor was offering a really great deal on the TaxCut Home & Business package.
Turns out I didn't need the Business part of TaxCut. All the forms I needed as a self-employed filer were on the Home CD. Switching between the interview mode and the actual forms can be a bit awkward. The directions are reasonably clear, but sometimes hard to follow (e.g. when the directions said to click on a command keyword, I couldn't find it in any toolbar menu or tab; eventually I found the keyword link at the _bottom_ of the screen.)
The reward for choosing TaxCut was that the program applied 100% of medical insurance premiums as an Income Adjustment because I'm self-employed. Last year T****Tax treated these premium payments as a medical deduction less the 2% income threshold. I filed amended returns to get refunds due to this newly-discovered Income Adjustment.
TaxCut, just like the other program, seems to be unaware of the real contribution limits for Solo 401(k) plans. You just have to ignore the bogus "error" warnings.
Bottom line: if you're self-employed, then TaxCut does a better job in finding income adjustments and deductions than its competitor. |
| Not as good as Turbotax | 2009-04-23 | 3 / 5 |
|
I was thinking of upgrading from Turbotax Deluxe to Turbotax Home & Business. I also buy Tubotax Business every year. I purchased this product because it included all business forms as well as the individual return.
A little background: I am a CPA and I have been preparing a few returns on the side for over 30 years.
While the Federal returns for individual returns as well as the partnership return (the only business return I have had to prepare so far this year) are adequate, the State returns are really lacking. However, they are included as part of the package whereas for Turbotax Business you would have to buy them separtately. So I guess you get what you pay for. For individual returns, it is included for Turbotax Deluxe and higher and it is superior to TaxCut. TaxCut just included the basic return for my state and I had to prepare other schedules manually and input the result. Pain in the butt!
Help from TaxCut: I did online chat to try to resolve a problem with a state partnership return and the guy was trying to answer my question looking at the individual return. Finally he referred to someone else who stated he could not help me cause he did not have the business return on his computer. (The first guy apparently did not even realize he needed the business returns to even know what I was talking about). TaxCut never came out with any updates to the state returns to fix the problem. I had to override fields to make it right.
Bottom line, if you are only going to prepare individual returns, I would not recommend this product. I would pay the extra $ for Turbotax. However, if you need to prepare a handful of business returns, I would consider this. Instead of spending close to $200 for Turobtax H&B and Turbotax Business,[...]. Caveat: you need to know what you are doing because you need to know what the finished product should look like. |
| Very disappointed | 2009-04-15 | 1 / 5 |
|
Updated: I got a copy of TurboTax Business to finish my S Corp 1120S return last night. What a difference! It only took about 20 minutes to finish the return after struggling with TaxCut for 2 months! TaxCut personal is ok, but the business is terrible.
Original: This year I have several returns to do (S Corp, Estate, Joint, Kids). I purchased TaxCut home and business because of the fact that it would cost about 2x as much to purchase all the TurboTax programs I needed.
The personal returns have gone fairly well and I'm happy with them. The Estate and business returns are a nightmare. The interviews are worthless. Mostly it says that you should click on 'whole form' and enter the information that is appropriate for your situation. It would be easier to download the forms from the IRS--at least then you would know that you weren't getting any useful guidance. I went through the complete CA state return before discovering that TaxCut didn't transfer the capital gains correctly. Online support said that 'Estate returns are too complicated and they would escalate'. I haven't heard anything back yet. Finally I just overode the entry with the correct number, but I'm afraid there are other things I didn't catch.
Next year I'll pay double for TurboTax. |
)
