I've used this software for the last 3 years and it's been great. I especially like how it is able to automatically download previous year's data and all information from my brokerage into the appropriate forms. This latter area was always the most complicated and most prone to potential error. So far the IRS has not found any problems!
Pros: Easy to prepare, Maximizes refund, Easy to import documents, Fast
Easy to use, allows for various depreciation methods. Brings forward data from prior years and allows you to compare data from prior years. I have used it for over 10 years on a relatively complex return with little difficulty
Pros: Easy to prepare, Easy to import documents, Fast
I've use the Block software for many years. Naturally, it helps to keep using the same company's product since information transfers easily. Can't speak to other products on market but this one is OK.
Standard deduction cost me hundreds on state taxes
on March 23, 2020
Posted by: Lee in VA
from Virginia
Verified Purchase:Yes
I have used this software for years and generally love it. I would have rated it higher but for 2 things. It does not support entering a K-1 from certain investments. Since the federal tax cut two years ago it has not been upgraded to address a major problem. If you enter a significant amount of itemized deductions in your federal return, somewhere in preparing your state return it ought to automatically compare filing with both itemized and standard deductions on the state return and tell which will give you the lowest total taxes. Although my itemized deductions are about the same as my standard deduction, if I use standard on the federal I must use it on the state and I wind up paying hundreds of dollars more in state taxes than I would if I itemized on both returns. The software lets me check that myself easily, but at a minimum it ought to advise me to do that, and better yet, do it automatically.
Pros: Easy to prepare, Fast
Cons: Doesn't maximize refund, Hard to import documents
Since 1993 I've used H&R Block Deluxe software. Program easy to navigate. Provides accurate results.Filing federal return electronically is quick and hassle free I'd recommend Deluxe Software to all filers.
Excellent except short on information for those of us rolling over an IRA that was in control of a pension plan. Not enough information on taxing for those of us taking control but aged over 70 1/2.