Customer Reviews for H&R Block - Tax Software Deluxe+State 26 Download - Windows, Mac OS
Customer Rating
4
Issue with Form 1116 & Partnership K-1
on March 6, 2019
Posted by: DwightTex
from G'town
The partnership reported foreign expenses directly allocated to foreign sources for the partner. I reported it in the input which properly carried it to Form 1116 to reduce the gross foreign income allocated to partner, which was further reduced by apportioned total deductions. The remaining net foreign income was used to determine the foreign tax credit limit. When starting e-file, it said direct allocated entry not allowable for e-filing, which is ridiculous as it was an appropriate entry. I deleted the expense entry since foreign taxes paid were less than the correct limit, so larger limit irrelevant. E-filing then completed
The software took me through the step by step process really well, but when I finished, I still had to wait several weeks for software updates before it would allow me to file.
I appreciate the format, being able to save data, go back to previous sections. Helpful layout to click on any section I need to review or start over. Nice to have Links to IRS publications for more info, and for option. to open specific forms to see the whole thing, so I can understand the context better when I am answering questions. I can go back frequently, like the identified errors or areas to review before submitting my return. Payment process a little less painful through an easy link to the IRS site.
Used and liked this program for many years. Worked great until I invested in a Master Limited Partnership. I’ll be doing something different next year.
Entire program was hard to read, light colored font, small print. I found it difficult to navigate or go back to a specific part. It did the job but could have been easier and more intuitive.