Generally works good. I like the software and plan on using it again. K-1 form support is poor. Also, did not do a good job taking care of me because of multiple amended returns.
It Is the Little Things that make Premium software
on June 15, 2022
Posted by: Grayelve
from Western New York
Verified Purchase:Yes
My comfort level is about 90% using Premium. I think importing previous year's data to include a history profile so as to catch significant entry changes to be flagged for rechecking. Here is why, filling out my Star and Senior Tax Reduction forms I realized that for total monthly income I entered one month's rent and not the total of the months' rents and therefore had to file an amended tax return for that mistake. I keep a log of my returns and have enter a note in caps no to make that mistake again.
I've been using HR Block for at least the past ten years and this software has helped me through the details of having a rental property that otherwise would have been beyond my knowledge base. I do have to say though, it seemed a bit more complicated to maneuver through the process for my 2021 taxes than in previous years. I didn't feel quite as confident as I have in the past.
I typically go to a tax accountant for income tax preparation but decided to save the fees this year and use the H & R Block software instead. I'm glad that I did. While I ended up having to pay, I felt the software was easy to use and felt confident that the filing was correct. I will most likely use it again in the future.
Pros: Easy to prepare, Easy to import documents, Fast