NJ-1040 does NOT require personal information of roommates. But H&R Block NJ-state software REQUIRED both full name and SOCIAL SECURITY NO., claiming an error that prevents electronic filing. Other software calculation shortcomings: doesn't permit unequal rent split amongst roommates; doesn't permit proration of rent paid for partial month (such as at start or end of rental period).
I have used this product for over 20 years and highly recommend it for year to year compatibility and ease of getting a variety of tax returns completed accurately.
Under 'Federal Owe:' the amount I owe is shown in red text and in parenthesis. I interpreted the parenthesis as a negative value per accounting standards. This led me to believe I was receiving a huge refund for a couple weeks, but when finalizing my return I see I owe a lot! I don't know why those parentheses are there but they confused me and cost me a bit of money in the scramble to pay. Please address this usability gap. Thank you.
It would be so helpful if last years amounts were shown on each form. I also found section C section could be better, it didn't seem all together as a separate form.