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Others say...
"software Just okay, beware of rebate" The software is only okay. I've been doing my own tax simply following the instructions on the tax booklet. It doesn't give you anything new if you read your tax booklet. Reading a lot of reviewers' complaint about the software not being up to date with the latest tax law, I waited until this year to buy this package hoping that I won't have to connect to the internet to update the software. Well, the software is STILL not up-to-date. I have to connect to the internet, which I really hate to do since I have slow connection; and I wouldn't want to do my tax while my PC is online. Okay, that's that.
Rebate experience has been unpleasant. After eight weeks following my rebate submission, I finally gets a shipment notification for the state rebate. Two weeks later I still have not received the check. The deluxe rebate is stuck in process status forever. I called H&R rebate department about both rebates. The rep assumed it was my fault saying I didn't mail both of them on time or together. Well, I have copies of everything. I explained to the guy that wasn't the case. I mailed both together one week after the purchase date in February. The guy didn't let me finish with my complain or explanation. He just said he'll take care of it and that I should wait about another month, then he abruptly hung up. It's this kind of attitude of an employee that makes one avoid future business with the company.
"This year's TaxCut has major flaw in AMT (alternative minima" This years taxcut has major flaw in for 6251 (AMT) line 7. It doubles the state tax refund deduction, and will cause you big trouble with IRS if you are subject to AMT. There are other issues with TaxCut too. My e-file was repeated rejected due to TaxCut mistakes (asking me to delete a form that was empty etc). Customer service people are nice but clueless. Had to paper file. Also there is a 30 day limit on rebate for state. I preordered in Dec and opened in Feb after my w-2 arrived, and I could not qualify. The money back garantee is a joke.
"Avoid Taxcut" Taxcut Deluxe gets the award for the worst experience I have had filling out Taxes. I have used previous versions of Turbotax and Taxcut and felt that these were comparable programs -- they did not always give the same results -- but after some tweaking you could figure out waht was going on. This year's version of Taxcut has made me swear not to use their product again. First, I had trouble getting the rebates. OK, no big deal. Then I got a host of warnings when filling in the K-1 forms that turned out to be spurious -- they added stress. Where I had questions, the program was largely unresponsive. Several times, asking for IRS instructions brought up absolutely nothing. Instructions for Schedule C did not bring up business codes. I needed to file as non-resident in 1 state and resident in another. The program asks me if I would like to buy another state. The second state cost me an additional $25 -- I felt that this was high given that I had basically 1 item of income to report. Never mind, I thought, it is worth getting it for the convenience of electronic filing (another$15.95, incidentally). After I got through the entire process and got to e-filing the program would only let me e-file a single state return. After poking around I discovered from the help menu that TAXCUT can ONLY file ONE state return per federal return -- completely ridiculous -- a waste of time and money.
I found that several people offer Excel based federal and state tax forms on the web. Next year I plan to retreat to that method, since at least you are clear on the formulae and other things being used by the program and there is an ability to directly consult IRS forms. I may also give the other tax programs a look
"DON'T BUY IT" The problems with this program as well as all the others by H&R Block are too numerous to mention here, but take it from someone who learned the hard way, don't waste your money on this product.
I reported bugs in both the federal and state editions 3 years ago and they STILL haven't been corrected. One of which is the employer ID number allows for 14 characters but some employers have 15 or more. Another, if you go back and make a correction and forget to TELL the program to recalculate, everything that follows, including your taxs due or your refund amount will be incorrect. Isn't this what you pay for? A program that ELIMINATES errors instead of creating them? If you buy this product, DOUBLE CHECK EVERYTHING BEFORE SUBMITTING YOUR RETURN.
"Used Turbo Tax in the past - switched to Tax Cut this year" I made the sad mistake of switching to HR Block Tax Cut this year after using Turbo Tax for the past several years. WHAT A MISTAKE!!! Fortunately I have some accounting experience. The mistakes were rampant, examples: It copied all the expenses I had put in for a rental property I own and ADDED them to a small Royalty payment I get from a oil stock. The result of that was a major error (underpayment) in my taxes. I went in and had to manually fix that and discovered it had ignored the depreciation on my rental property. When I tried to do the State Tax I discovered that there were many errors (never asked in the "worksheet" interview such as PERA payments my wife made that are credits, nor did it ever give the state credit for pension payments. To call them about anything cost $10 a call. Be forewarned.... DONT USE TAX CUT!!! It is really a lousy program!!
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Buy Cheap Software Now!
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TaxCut 2004 Deluxe [Old Version]
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List Price : $24.95
Our Price : from $24.99
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Why I buy this one ?
- Step-by-step guidance for filing Federal tax returns
- Take advantage of the newest tax breaks and save money
- Kiplinger's tax and financial planning library; up-to-date IRS publications
- Retirement savings enhancer; helpful tax-law assistants
- Error Check automatically reviews for common errors
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What our customer's say!
"Gets the job done in straight-forward situations", As with all software, the user interface and its workflow has its quirks. Some of it you may find counter-intuitive and not very helpful.
But if you have a fairly straight-forward tax situation and you already know what you are supposed to do tax-wise, then this is a convinient alternative to pen/paper and a lot cheaper than going to a specialist when you send in all the rebates.
"I was very disappointed", My mother worked for H&R Block for many years, so I have no personal problem with them.
I have not used the 2004, but I just quit working on the 2002 edition. I got halfway through my return (20 hours work) and I finally quit. The numbers were incorrect, but I did not notice until the last few entries.
I have rental properties and, even though I entered the information where it belonged, it somehow got transferred elsewhere. All of my real estate taxes got moved from where they belonged to form A. Entering the information directly onto the tax forms required me to override every single step (3 mouse clicks, I think?). Also, I was not able to go to help and figure out what my standard mileage cost was, so it took me considerable time to go through their mileage dialogue boxes when all I wanted was standard mileage.
I had used Turbo Tax in previous years and was not unhappy with them; however, I had heard that Turbo Tax put spyware on the computer, and that it was difficult to install on more than one computer, so I decided to opt for a change. TaxCut was cheaper, and I figured there would really be no difference (I used Parson's tax software years ago and liked them until they stopped making that program). Anyway, at least for year 2002, TaxCut is much worse than Turbo Tax and Parson's old tax program. The big problem is, it puts information in the wrong place; and I have been doing my own taxes for 20 years, so it is not a mistake which I am making.
I downloaded TaxAct just a moment ago; it is cheaper than either turbo tax or taxcut, and so far, it behaves just like it is supposed to. I have been entering some info by their prompts and other info directingly onto the tax forms, and, except for the fact that the auto-save requires me to hit the hardreturn every time, other than that, I really like TaxAct. It is functioning exactly how it is supposed to. Furthermore, I have entered in a couple of properties and printed it out, and everything is going where it belongs.
"I'll never use TaxCut again!", What terrible customer service! Here's a brief description of what happened to me.
TaxCut said the State of Maryland would deduct my taxes owed from my SAVINGS account - then, around the middle of MAY - I get a letter from the state saying they only deduct from CHECKING accounts - along with a fine and penalty. So, I look and that fact is on their web site! Silly me - I trusted TaxCut. When I present this in a claim to the company they reply that it's not a processing error or an arithmetic error, so my claim is denied. How odd. Even a simple man like me can see that, in fact that's not even the issue! It's a FACTUAL error, an INFORMATIONAL error. DID ANYONE THERE BOTHER TO READ MY CLAIM? Any company that treats its customers that way will certainly not get any more of my business.
"Problems with TaxCut", I have been using taxcut for 6 years. This year it dropped one of my deductions. The child was listed in the interview and appeared to be included, but was not submitted in the e-filing. This is pathetic. NEVER USE THIS PRODUCT.
"I will never use Tax Cut again", A new addition to this year's version (when filing electronically), allows H&R Block's bank (HSBC Bank) to check your social security number with other select banks to see if you have defaulted on any loans. If you are due for a refund, they will use the refund to pay off the debt and give you the balance. I didn't see any problem with this since I have not defaulted on anything in my life. However, Bank One advised HSBC that there was an overdue loan (from 1992!) with my social security number. Since the loan did not have my name or address, Bank One's response was that it must be identity theft (I believe Bank One made a data entry error - God knows they probably can't locate the paperwork for a loan that's 13 years old). In order to prove the loan is not mine, I had to send Bank One my social security card, birth certificate, marriage certificate, tax return, and a letter from the Social Security Administration. I had to put out a fraud alert with the Social Security Administration and the 3 credit bureaus. In addition, I had to file a report with the Federal Trade Commission and the police. I am still waiting for Bank One to correct their records so I can get my refund back! Next step - lawyer! If you must use Tax Cut - DO NOT FILE ELECTRONICALLY! Print your return and mail it in!
You might need this... TaxCut 2005 Deluxe + State [Old Version] details..
|  H&R Block Taxcut 2006 Premium Federal + State Win/Mac details..
|  TaxCut 2004 State [Old Version] details..
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 H&R Block Taxcut 2006 Premium Federal + State + Efile details..
|  H&R Block TaxCut 2007 Premium Federal + State (Win/Mac) details..
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Read this reviews before You buy...
"My Third Year Using TaxCut ... and it still is very clumsy", Next year I am going back to Turbo Tax. I have been doing my own tax returns for over 20 years now and have been using PC software to help for over 12 of those years.
Tax Cut is clumsy and buggy compared to my earlier experiences with TurboTax. I'm not going to go through a blow-by-blow of the problems with this program, but suffice to say that I think it is a hard to use program which makes the pain of tax time worse, not better. Back to TurboTax for me!
"Bad mistake", This is the last time I will use TaxCut. I bought TaxCut last year because TurboTax cost $10 more and had a lot of bells and whistles I didn't need. I didn't really have any problems with TaxCut last year. This year was a whole different story. It is harder to edit than TurboTax which isn't always easy. I could have done my Federal and State returns manually in far less time.
Initially I wanted to import the data from last year's TaxCut but somehow the file was missing and so was my backup copy. So I tried to import the data from 2002 TurboTax which TaxCut would not do. It had to be a 2003 return. That meant I had to reinvent the wheel and manually reenter all the information which was one reason I use a computer program for, to avoid that tedious repetition.
The first real problem I ran into was when I ran the Final Review, it came up with an error message which prevented me from E-filing and the error message was vague giving no clues as to how to correct it. It involved an itemized deduction which did not make sense because I hadn't itemized deductions. But in looking at the forms list of My Forms, a list of the forms that I had supposedly completed, there was a Schedule A. When I examined the Schedule A I found it had entries for property taxes, charitable contributions, and deductible interest. Where these items came from I don't know because they didn't come from me. Then I tried to delete the Schedule A but I couldn't until I deleted the charitable contributions worksheets. It took me some time to figure that out. Once I did that I was told I could file a 1040A form.
Then I did the California State taxes which went smoothly until I tried to enter the estimated taxes I had paid to the State. There was no place under the State Interview to do that and if those payments were not entered I was faced with paying a penalty. I went to a live chat with TaxCut and was told they had to be entered on the Federal forms which I did and that corrected the problem. However, now I had a Schedule A with the Federal form and could not file a 1040A.
Printing completed forms was wasteful. Many pages had no information on them. I wanted to print only the pages that had information on them and I want to duplex print them but when I hit the Print button it gave me no choices. It printed out every thing on one side of the paper.
My biggest gripe however, was with the E-filing. I have an EFTPS service with the IRS which allows me just to type in my EFTPS Number which allows the IRS to deduct any payments from my bank. But TaxCut is not set up for this and makes the user go through a tedious process of entering and re-entering all the bank information not only on the Federal Return but also on the State return.
Worst of all, TaxCut has the gall to charge for E-filing when both the IRS and the State do not. Earlier this year both TaxCut and TurboTax announced that they would no longer charge for E-filing but apparently that was phony.
Lastly, when I wanted to calculate my estimated taxes, the process was tedious. TaxCut does not assume that your income will virtually the same and requires that the user fill in all the blanks instead of posting the figures and then allowing the user to change them if needed. And there was no interview in the State program for estimated taxes. I had a lot of trouble finding out how to do it and then when I printed out the forms, it printed one small quarterly form on a sheet rather than putting them all on one sheet of paper. No wonder we cut down so many trees.
"Rebate ripoff", I have purchased Taxcut Deluxe and Taxcut State and applied for the rebate for the State program $19.99) as advertised. I sent TaxCut all the required information, de codes, the sales receipt and some form I had to fill out. After 6 weeks I received it back in the original envelope with a letter from TaxCut stating that I had not sent them the sales receipt and codes. They only sent me back the form. They are obviously lying and they won't give me my refund. I suspect the whole rebate thing is a scam and consumer's fraud.
No more Taxcut for me. The program is not that great anyway.
"works for me", This product was adequate for my needs - easy to use and navigate, ran without errors/issues and was realistically priced. The major pluses for me was the ability to import data from last year's taxcut data which eliminated excess typing and the comparison of 2004 year to 2003 data. I will use this product again next year.
"A Good Package for Federal Taxes", I do not pay state income tax, so this review is only about the Federal tax part of TaxCut. I have used TaxCut for several years, and although it's not "perfect" it is certainly better than the other main tax software. Parts of my return are more complex than what the "average Joe/Jane" would experience, and TaxCut handles it just fine. There are some issues with less-than-intuitive navigation, and some of the help could be more explanatory when trying to decide how to answer a prompt. However, I wouldn't hesitate to recommend the product to others, and I plan to continue using it in future tax years.
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