H&R Block TaxCut 2007 Premium Federal + State [OLD VERSION]

(as of 28/08/2010 04:00 - more info)

$40 $4

Listed Under: Personal Finance

Includes everything you need to complete your federal and state taxesGuidance for every personal tax situation from 1040EZ to Schedule CStep-by-step interview guides you through a customized processIn..read more

With TaxCut 2007 Premium Federal + State, you’ve got the tools you need to breeze through both your federal and your state taxes, as well as the DeductionPro program. The simple interview quickly walks you through the return process to automate your return.and you can quickly and easily import last year’s tax and financial data from TaxCut, Turbo Tax, Quicken, Microsoft Money, and H&R Block DeductionPro, as applicable. This program automatically double-checks your return for errors. helps you maximize your deductions and offers multimedia video advice from seasoned H&R tax professionals. Maximize Itemized Deductions Schedule C Support – Extra deduction help for the self-employed Business Expense Assistant helps you make sure you’re claiming all deductible business expenses Investor Guidance Quick access to IRS Publications for further explanation of specific tax situations Multimedia Video Advice – Our tax professionals explain how changing tax laws affect you

5 Reviews

  1. Raul C. Sampedro says:

    I needed to open an older tax return file and I didnt have the original software. This review is basically for the vendor that delivered exactly the advertised product at a low price and in a timely fashion.

  2. R Gibbons says:

    Plus, It is cheaper than Turbo Tax.

    Minus, It isn’t worth as much as Turbo Tax. Maybe if you have a very simple return it is worth the money; but for my return (I sold some stock, and have one employer) it couldn’t handle it. After I filled every thing out, and e-filed, I got an email the next day saying e-file wouldn’t accept my tax return for an unknown reason, I had to manually check every single entry (I could have done that without a computer program). After not finding any problems, I tried to efile again, and was told to print out and send by mail (I could have done that without a computer program too). All-in-All, it wasted a day of my time, and was only useful for adding some of the numbers, (other numbers I had to add myself, since it didn’t support one of the forms I needed, I had to down load the 500 page form from the IRS and do the calculations by hand).

  3. L. McKnight says:

    This product was very easy to use. I have multiple situations, emloyee, several side hobbies/businesses, etc. and the program was still easy to use with no glitches. I would buy it again. I also purchased a new computer with Windows Vista and loaded the program and still not problems.

  4. M. Hicks says:

    I have used TurboTax for many years but one year the security for the package cause a number of problems. Consequently, I switched to Tax Cut and have used it since then. Since I have a relatively simple tax return and don’t enjoy doing tax returns, I have not tried Turbo Tax since then and I do not know if Turbo Tax has dropped its draconian security.

    In any case Tax Cut does the job for the tax year but the updates are a long chore for low speed connections. Tax Cut (and other software vendors) should adopt a method of only requiring the downloading modules what have changed since the last update.

    Also for the 2008 estimated taxes for my state (Georgia), Tax Cut did not update the new, higher level of unearned income deduction for persons over age 62. While this error does not result in underpayment of taxes for 2008 (which might cause a penalty), why should anyone unnecessarily over pay during the tax year even though they will receive a refund next year? I would rather put this money to work for me.

  5. Jim Seligman says:

    I have an accountant who does my primary tax returns.

    I have a children though who have minimal returns, but my accountant charges me $200 each for their returns. Heck with that!

    I bought this software, installed it, and knocked out both returns for the kids in less than two hours. I was on a roll so I started plugging in my own return details and actually did it all myself.

    So I skipped the accountant altogether this year, and saved $1400 in fees. This was a simpler tax year for me with no complex company stock options involved, but it had its twists and this software handled it well.

    Great savings and not as painful as I thought it would be.

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