The software never prompted me to insert the business edition! I picked S-Corp in the interview and it proceeded to do the Schedule-C in the regular personal tax software. Well, $30,000 in IRS and state tax penalties later, I realize I should have used the business software. Why am I allowed to complete everything in the personal software and never guided towards the business software?
Pros: Easy to import documents
Cons: Time consuming, Doesn't maximize refund, Hard to prepare
Having used several of the tax prep software companies' offerings, I can honestly say that H&R Block's software is far superior to any others that I've used. It actually delivers an enjoyable experience, something not usually associated with preparing one's tax return.
Pros: Easy to prepare, Maximizes refund, Easy to import documents, Fast
I'm an accountant and I'm having a hard time with the business partnership section. It's very confusing. The progression of the schedules is not the way I would do it. I can't keep track of what has been entered and what hasn't. This would be a nightmare for a novice.
This is my fourth year using this product. Over that time the software has shown consistent improvement in its intuitive interface with the customer. This year was a significant step up. The software "speaks" your language and uses terms and definitions not requiring an MBA or accountant to decipher.
Pros: Easy to prepare, Maximizes refund, Easy to import documents, Fast