Why I buy this one ?
- Includes everything you need to complete and e-file your personal and business federal and state taxes
- Everything from TaxCut Premium + State + E-file plus Complete Business Coverage, Business Tax Planner, Business Depreciation Assistance, 1099-MISC/W-2 Preparation, and K-1 Preparation
- Step-by-step interview guides you through a customized process
- Includes advice on how to find every deduction you deserve and get the maximum refund
- Includes advanced tools for investors and business owners

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What our customer's say!

"Serious problems", I've been using TC for about 15 years. During this time my returns have become increasingly complex as my business has expanded (sole proprietorships, office buildings) and my personal situation has changed (elderly parents needing assistance, children in/out of college/jobs). TC has been able to handle most of this, but this year I ran into some serious problems. Here they are:

1. It's always difficult to coax TC into calculating Fed estimated taxes for the new tax year. This problem continues.

2. Whenever hypertext or help is selected, the program responds with a script error. The help screen can be accessed, but the script error message must first be cleared. This becomes increasingly annoying as the return is prepared, but not fatal.

3. The worst problem this year involved making and editing itemized lists. I use this feature a lot so that the next tax year it can guide my entries based on the previous year. This way I don't have to re-study the help screens to decide whether this or that item is considered an 'office supply' or 'misc expense'; whether an item should be put on Sched E as a rental expense or on Sched C as a business expense, etc. I had finished about 75% of my Fed return and suddenly TC would crash whenever I tried to edit or modify an existing itemized list. I went back and tried to edit a number of lists, but couldn't view the lists and TC crashed and closed each time.

I contacted HRBlock via chat to determine how to fix this. After the usual waiting..........explaining...............I was told that this problem was not new and that the fix was simple. All I had to do was discard the 07 return, go back to the 06 return and delete-item by item- all of the itemized lists in that return, re-import the 06 return to the 07 return, and then just re-enter all of the data into the new 07 return........... DISCARD WHAT NOW? GO BACK WHERE NOW? This is an ENTIRELY UNSATISFACTORY solution, I said. Re-creating the 07 return would take days, what other solutions are there? None!!!!!!!!!!!!!!!

I checked over and printed out the 07 return and found that the lists were still intact (but inaccessible to editing) and that the calculations based on the lists were correct. So I just completed the return workng around the list editing problem.

This is an awful problem. I don't know what will happen when I try to import this 07 return into the 08 return next year. Will the lists be there or not, will the numbers import properly or not, what will happen?

As a result, I'm seriously considering TurboTax.

"Came up short for handling an Estate in PA", Bought this to do income tax returns to settle an Estate in PA. I easily entered all the info for filing a final joint return, and got through the Federal e-file verification. As I went through the PA e-file verification I got a message that PA does not permit joint returns when one of the parties is deceased ... but then the astonishing remainder of the of the messages ... you have to go back and create separate individual federal returns (but not file them) to use to create the separate PA returns!! It didn't tell me this until AFTER I went through the PA interview! I can't e-file the Federal & PA returns together... so far I haven't figured how to e-file the PA returns because you have to e-file the corresponding e-filed Federal return, but there isn't one. Tried the free TurboTax to see if it could get me around this... couldn't import the 2007 TaxCut data, only 2006. Tried a simulated TurboTax joint Federal with deceased ... the PA gave an upfront warning of the need to file separate PA returns and imported the Federal and allowed creation of a single for the primary filer only (couldn't create the deceased spouse PA forms) ... TurboTax pulled in all of the income and didn't exclude the spouse-only items; there is no easy/obvious way to exclude those items. Tried the free TaxAct and it appears it can't do it right either. So none of these handle PA well for this situation, although TurboTax appears to be a little closer to getting it right.

I bought this TaxCut bundled s/w to also do the Estate 1041 return. It's no where near as helpful as the 1040 interview. It assumes you're familiar with doing a 1041. I had to do much research outside of this s/w to figure out how to properly report things.

TaxAct doesn't offer s/w with the Estate 1041 forms, so I narrowed my choices to TaxCut or TurboTax. Neither of them import TaxAct data, so I had to cut/paste from last year's TaxAct 1040 info. I picked TaxCut over TurboTax simply because of total cost to do 1040 & 1041 forms. By the way, the 1041 is done with the business tax s/w while the 1040 is done with the personal tax s/w and they don't share data ... you can't import 1099 data stored with a 1040 into a 1041 (it would be nice).

"This program is a joke", Warning to all that are considering this program now or in the future. This program is awful from the start. Last year it included the home only disc - they had to send me the full business and home version separately. This year it has wiped out last year's return when it loaded, so not only do I have to reenter all of the data, but I no longer have the 2006 returns available on the computer. I switched from TurboTax a few years ago, and though I did not like that program much, it did not leave me stranded like this one has. This whole thing has me wanting to go all the way back to pen and paper.

"Good for very very simple returns", I have used TaxCut for 2 years, and it worked well.

This year, I needed to copy information from a Form K1 received from a stock that I owned, and the programs actually said "You'll need to perform some special calculations that we dont cover ... adjust your return as appropriate." It doesnt tell you what calculations you need to do. Chat and voice tech support had problems telling me what I really needed to do to work around this, they kept thinking I needed to file a business partnership return. For this I paid $89 at Best Buy?

As I understand it from research on the web, TaxAct and TurboTax have no problems with this.


"Business returns much improved over last year", I've found the business returns, subchapter S corps and Estates and Trusts, to be much improved over last year. Instructions really helped on some difficult entries.

On the other hand, the individual 1040 appeared to be overly cluttered with instructions when using the "whole form/form entry" method.

Vista users, well, you have a problem operating system. Don't blame the tax SW. My XP machine functions well, no crashes with this program. Downloads work fine.

For what you pay, you get a heck of a lot with this package of products (individual, business, estates, etc). Much better value than Turbo
Tax.

Read this reviews before You buy...

"Okay.", This product does a reasonable job. I have not tried other packages so don't know how it compares to others. It meets my somewhat limited needs.

"Pay your CPA", Tried again to go out on my own with prepping taxes this year and once again I am paying double to get them done- I was lost in a matter of a few minutes with this software and left there scratching my head in wonder because there is no answers with this junk software- now i waited an extra four weeks(amazon took for ever to send this out) and another eighty freaking dollars so I can just go have my CPA to do my taxes in the end- Dont waste your time and money on this software.

"Good Basic Product, but you better know taxes yourself", I've used H&R Block's TaxCut for a number of years, since TurboTax began installing spyware in its software, and I have found the product consistently easy to use and basically worthwhile with a couple of exceptions.

The program generally works well on material that it covers with some exceptions. However, as other reviewers have stated, if you have any type of special circumstances to your return, especially in the state returns, then you better know how to prepare the return data yourself, because TaxCut will not do it for you. The biggest areas of shortfall are in state return preparation where TaxCut simply has you fill out the forms with little or no guidance.

This year I found myself in an unusual situation, I bought a car, a Prius, so I have state and federal tax credits available to me. TaxCut handled the federal credit fairly well. the exception being that after having asked me the date I purchased the car (rather placed it in service) it then defaulted to the wrong period in a later screen related to the time frame in which I purchased the car, which had I not correct TaxCut's default selection, I would have lost half of my Federal Tax Credit. I don't know how the state calculation faired, since at the date of review, TaxCut has still not published the Colorado State Tax program.

Also, because of the purchase of the car, I opted to deduct the sales tax I paid rather than state income taxes as part of my federal return. Tax Cut asked for and properly identified the amount of my state sales taxes, then asked for my county, which was available in my case, but was not in many others, and then asked me to fill in my locality (city) tax rate. The implication being that TaxCut had dealt with the other sales taxes, i.e. county, and in our case RDT regional taxes. I filled in our city tax rate and moved on. TaxCut then warned me that the amount of my city tax rate was likely wrong, because it was higher than my state sales rate. Not only was the rate not wrong, and TaxCut would have known that had they simply inserted a test that compared my rate to a range of actual rates within my county rather than the simple test to compare it to the state tax rate. But it also computed my estimated sales tax deduction incorrectly. This is because it failed to include my county tax rate, which it specifically asked for, and the regional RTD tax, which is applied to counties in the area, including mine.

The Bottom line is that while the basics are there for your tax preparation; don't count on TaxCut to properly handle any special circumstances correctly. Research the information yourself or go to a tax preparer. By the way, I am a CPA, but DO NOT do tax return work, nor am I affiliated with a firm that does, so this recommendation is not based on me trying to get work for my firm.


"TaxCut...Almost Good", This is my second time I have tried to switch from TurboTax to TaxCut. TaxCut offers seemingly a lower cost to do my personal taxes. All worked pretty good until I started doing my Missouri state taxes. At issue is that the interview process has no entry point for placing money contributed to the Missouri's 529 program called Missouri MOST. TaxCut has the proper line 10 located on form Mo-A (the Missouri equivalent to Schedule A), but not in the interview. One can manually enter the contribution on the form directly, but doing so prevents one from eFiling the return to the state. I can't imagine that I am one of the few people taking advantage of the Missouri MOST deduction especially anyone with kids in college or going to be going to college. So the bottom line is that TaxCut is almost good, but not good enough. I am going to pay a little more and go back to TurboTax!

"Only if you already know what forms you need...", I bought this because I needed help filing my first year of an S-Corp business; however, when I got to the State return, I had to select which forms applied to me. That is something I wasn't prepared for, as I thought that's why I had bought the program. Others may already be clear on this, but for anyone who is hoping this is the do-it-all program, not so much luck. :)