I have been using H&R Block software for years, never had a problem with returns from the IRS to date. Easy to use, federal e-filing is easy and free and has worked well. If I had a "complaint," it's only that I wish they had free state e-filing, but it's still 5/5 stars.
Pros: Easy to prepare, Easy to import documents, Fast
Been using since 1995. This year was the worst experience yet. All other years have been perfect. The software has limitations on interpreting QBI and NIT in relation to rent and rental property sales gain for both qualified real estate professionals and safe harbor real estate professionals. The IRS instructions allow non-passive gains and rents to be omitted from form 8960 but the software does not do that even though it asked for professional status on the rental income and the rental disposition interview. This can affect the return by several thousand dollars. please spend more time on this subject. not recommending for this year.
No where on the box it says that you can only file 5 returns. I have several businesses and my individual, and I understand 5 returns are free efile, but I didnt know they limited efile after that, even if I wanted to pay. In the past I was able to pay and efile for returns above 5. This needs to be fixed or noted on the box
For Box 20 on a partnership K-1, entering a LOSS with the Z code results in an INCREASE in taxes. An accountant told me that this was a problem with the software’s interpretation of the new law’s sec 199A re qualified business income. This particular K-1 was delayed, so I had gotten a filing extension and knew what my tax liability should be. If I had had the K-1 earlier and entered its info before the final calculation I would never have known that the software error could cost me several thousand dollars! Also, using the business program on a trust return is awkward because, unlike the regular program, it does not allow you to summarize stock sales; you have to enter them one by one.