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H&R Block TaxCut 2007 Home & Business + State + e-file (Win)

H&R Block TaxCut 2007 Home & Business + State + e-file (Win)

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From: H&R Block
Category: Software

List Price: $89.99
Buy New: $4.49
You Save: $85.50 (95%)

Qty 5 In Stock


New (21) from $4.49

Rating: 2.5 out of 5 stars 23 reviews
Sales Rank: 500

Format: Cd
Platforms: Windows Vista, Windows 2000, Windows Xp
Media: CD-ROM
Batteries Included: No
Operating System: Windows XP
Shipping Weight (lbs): 0.5
Dimensions (in): 7.5 x 5.5 x 1.5

MPN: 1116600-07
Model: 1116600-07
UPC: 735290102485
EAN: 0735290102485
ASIN: B000WPYZEK

Release Date: November 23, 2007
Availability: Usually ships in 1-2 business days
Condition: Brand New Sealed in Retail box. Free expedited shipping upgrade.

Features:
  • Includes everything you need to complete and e-file your personal and business federal and state taxes
  • Everything from TaxCut Premium + State + E-file plus Complete Business Coverage, Business Tax Planner, Business Depreciation Assistance, 1099-MISC/W-2 Preparation, and K-1 Preparation
  • Step-by-step interview guides you through a customized process
  • Includes advice on how to find every deduction you deserve and get the maximum refund
  • Includes advanced tools for investors and business owners

Similar Items:

  • H&R Block Taxcut 2006 Home & Business + State
  • J.K. Lasser's Small Business Taxes 2008: Your Complete Guide to a Better Bottom Line (J K Lasser's New Rules for Small Business Taxes)
  • QuickBooks Pro 2008
  • TurboTax Home & Business Federal + State 2007
  • J.K. Lasser's Your Income Tax 2008: For Preparing Your 2007 Tax Return (J.K. Lasser)

Editorial Reviews:

Amazon.com
TaxCut Home & Business is two complete programs in one, and it includes everything you need to complete and e-file your personal and business federal and state taxes. You also get guidance for corporate, partnership, and payroll business returns, as well as personal tax forms from 1040EZ to Schedule C. A step-by-step interview guides you through a customized process, and the product includes Worry-free Audit Support, Personal Tax Advice, e-file for one personal federal return and one personal state return, unlimited business state returns, guaranteed accurate calculations, and Business Attorney software included at no extra cost.

Everything you need to complete and e-file your personal and business federal and state taxes.

Includes everything from TaxCut Premium + State + E-file plus:

Complete Business Coverage
Helps you prepare returns for a number of business types, including Corporations, S Corporations, Partnerships, Limited Liability Companies (LLCs), Non-profits and Estates & Trusts. Plus, the program handles Payroll Taxes as well.

Business Tax Planner
Project your estimated business earnings and tax liabilities for the next three years.

Business Depreciation Assistance
Calculate and track depreciation on various types of business assets.

1099-MISC/W-2 Preparation
Quickly print W-2 and 1099 forms and reports for your employees and contractors.

K-1 Preparation
Easily prepare and print K-1 forms for partners and shareholders.

Includes everything you need to complete your federal and state taxes.

View TaxCut Demo (all versions)

Guidance for every personal tax situation from 1040EZ to Schedule C.

Includes free Federal and State E-file--get your refund in as little to 8-15 days.





The Basics:

Step-by-Step Interview
Our simple interview quickly walks you through the return process to automate your return.

Seamless Imports
Quickly and easily import last year's tax and financial data from TaxCut, Turbo Tax, Quicken, Microsoft Money, and H&R Block DeductionPro, as applicable.

Error Check
Our program automatically double-checks your return for errors.

Get Your Refund Fast
E-file your return, and get your refund in as little to 8-15 days.(additional fees apply)

Extra Help to Maximize Deductions:

Customized Tax Advice
Receive tax guidance on changing tax situations, like getting married, having a baby, buying a home and more.

Charitable Donation Help
H&R Block DeductionPro is included for FREE to help you get the most out of your charitable donations.

Maximize Itemized Deductions
Get the tax savings you're entitled to, including deductions related to home ownership, education and more.

Schedule C Support
Extra deduction help for the self-employed, including home office, rental property and depreciation assistance.

Business Expense Assistant
The program provides extra guidance to make sure you're claiming all deductible business expense, including advertising costs, meals and travel expenses, and office supplies.

Investor Guidance
Additional help figuring cost basis for investment income.

IRS Publications
Quick access to IRS Publications for further explanation of specific tax situations.

Multimedia Video Advice
Our tax professionals explain how changing tax laws affect you.

Guarantees:

Worry-free Audit Support
You can rest easy knowing H&R Block is there to help in the rare event of an audit. Included when you e-file your federal return with us.

Accurate Calculations Guaranteed
If TaxCut makes a calculation mistake, we'll pay resulting IRS penalties plus interest. See the license agreement for details.

100% Satisfaction Money-Back Guarantee.
If you are dissatisfied with the software for any reason, H&R Block will refund the full license fee you paid H&R Block or its authorized reseller for the software, exclusive of shipping and handling charges, taxes, and less any rebate you receive on the software.

Product Description
Prepare your personal and business returns with Taxcut 2007 Home and Business. Receive guidance for corporate, partnership and payroll business returns, plus personal tax forms, from 1040EZ to Schedule C. Wth this software, you get personal and business federal programs, personal and unlimited business state programs, both federal and state personal e-file, DeductionPro and one free tax advisor session included. 1099-MISC/W-2 Preparation - Quickly print W-2 and 1099 forms and reports for your employees and contractors. K-1 Preparation - Easily prepare and print K-1 forms for partners and shareholders.


Customer Reviews:   Read 18 more reviews...

1 out of 5 stars Serious problems   April 29, 2008
I've been using TC for about 15 years. During this time my returns have become increasingly complex as my business has expanded (sole proprietorships, office buildings) and my personal situation has changed (elderly parents needing assistance, children in/out of college/jobs). TC has been able to handle most of this, but this year I ran into some serious problems. Here they are:

1. It's always difficult to coax TC into calculating Fed estimated taxes for the new tax year. This problem continues.

2. Whenever hypertext or help is selected, the program responds with a script error. The help screen can be accessed, but the script error message must first be cleared. This becomes increasingly annoying as the return is prepared, but not fatal.

3. The worst problem this year involved making and editing itemized lists. I use this feature a lot so that the next tax year it can guide my entries based on the previous year. This way I don't have to re-study the help screens to decide whether this or that item is considered an 'office supply' or 'misc expense'; whether an item should be put on Sched E as a rental expense or on Sched C as a business expense, etc. I had finished about 75% of my Fed return and suddenly TC would crash whenever I tried to edit or modify an existing itemized list. I went back and tried to edit a number of lists, but couldn't view the lists and TC crashed and closed each time.

I contacted HRBlock via chat to determine how to fix this. After the usual waiting..........explaining...............I was told that this problem was not new and that the fix was simple. All I had to do was discard the 07 return, go back to the 06 return and delete-item by item- all of the itemized lists in that return, re-import the 06 return to the 07 return, and then just re-enter all of the data into the new 07 return........... DISCARD WHAT NOW? GO BACK WHERE NOW? This is an ENTIRELY UNSATISFACTORY solution, I said. Re-creating the 07 return would take days, what other solutions are there? None!!!!!!!!!!!!!!!

I checked over and printed out the 07 return and found that the lists were still intact (but inaccessible to editing) and that the calculations based on the lists were correct. So I just completed the return workng around the list editing problem.

This is an awful problem. I don't know what will happen when I try to import this 07 return into the 08 return next year. Will the lists be there or not, will the numbers import properly or not, what will happen?

As a result, I'm seriously considering TurboTax.



1 out of 5 stars Came up short for handling an Estate in PA   April 15, 2008
Bought this to do income tax returns to settle an Estate in PA. I easily entered all the info for filing a final joint return, and got through the Federal e-file verification. As I went through the PA e-file verification I got a message that PA does not permit joint returns when one of the parties is deceased ... but then the astonishing remainder of the of the messages ... you have to go back and create separate individual federal returns (but not file them) to use to create the separate PA returns!! It didn't tell me this until AFTER I went through the PA interview! I can't e-file the Federal & PA returns together... so far I haven't figured how to e-file the PA returns because you have to e-file the corresponding e-filed Federal return, but there isn't one. Tried the free TurboTax to see if it could get me around this... couldn't import the 2007 TaxCut data, only 2006. Tried a simulated TurboTax joint Federal with deceased ... the PA gave an upfront warning of the need to file separate PA returns and imported the Federal and allowed creation of a single for the primary filer only (couldn't create the deceased spouse PA forms) ... TurboTax pulled in all of the income and didn't exclude the spouse-only items; there is no easy/obvious way to exclude those items. Tried the free TaxAct and it appears it can't do it right either. So none of these handle PA well for this situation, although TurboTax appears to be a little closer to getting it right.

I bought this TaxCut bundled s/w to also do the Estate 1041 return. It's no where near as helpful as the 1040 interview. It assumes you're familiar with doing a 1041. I had to do much research outside of this s/w to figure out how to properly report things.

TaxAct doesn't offer s/w with the Estate 1041 forms, so I narrowed my choices to TaxCut or TurboTax. Neither of them import TaxAct data, so I had to cut/paste from last year's TaxAct 1040 info. I picked TaxCut over TurboTax simply because of total cost to do 1040 & 1041 forms. By the way, the 1041 is done with the business tax s/w while the 1040 is done with the personal tax s/w and they don't share data ... you can't import 1099 data stored with a 1040 into a 1041 (it would be nice).



1 out of 5 stars This program is a joke   April 13, 2008
Warning to all that are considering this program now or in the future. This program is awful from the start. Last year it included the home only disc - they had to send me the full business and home version separately. This year it has wiped out last year's return when it loaded, so not only do I have to reenter all of the data, but I no longer have the 2006 returns available on the computer. I switched from TurboTax a few years ago, and though I did not like that program much, it did not leave me stranded like this one has. This whole thing has me wanting to go all the way back to pen and paper.


2 out of 5 stars Good for very very simple returns   April 13, 2008
I have used TaxCut for 2 years, and it worked well.

This year, I needed to copy information from a Form K1 received from a stock that I owned, and the programs actually said "You'll need to perform some special calculations that we dont cover ... adjust your return as appropriate." It doesnt tell you what calculations you need to do. Chat and voice tech support had problems telling me what I really needed to do to work around this, they kept thinking I needed to file a business partnership return. For this I paid $89 at Best Buy?

As I understand it from research on the web, TaxAct and TurboTax have no problems with this.



4 out of 5 stars Business returns much improved over last year   April 5, 2008
 0 out of 1 found this review helpful

I've found the business returns, subchapter S corps and Estates and Trusts, to be much improved over last year. Instructions really helped on some difficult entries.

On the other hand, the individual 1040 appeared to be overly cluttered with instructions when using the "whole form/form entry" method.

Vista users, well, you have a problem operating system. Don't blame the tax SW. My XP machine functions well, no crashes with this program. Downloads work fine.

For what you pay, you get a heck of a lot with this package of products (individual, business, estates, etc). Much better value than Turbo
Tax.



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