Comments on: Tax Software: Taxcut v.s. TurboTax http://elliottback.com/wp/tax-software-taxcut-vs-turbotax/ Internet & Technology Wed, 08 Feb 2012 10:01:08 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Janice Dowden http://elliottback.com/wp/tax-software-taxcut-vs-turbotax/#comment-2190960 Janice Dowden Mon, 08 Feb 2010 21:33:32 +0000 http://elliottback.com/wp/archives/2007/02/03/tax-software-taxcut-vs-turbotax/#comment-2190960 TaxCut (H&R Block software) has a major bust. Allows you to enter mileage for standard mileage deduction for business use of car, BUT it does not carry forward the deduction to Schedule C! I reported this, and Customer Service couldn't have cared less. Since I'm an accountant (read anal-retentive), I discovered the error and manually corrected it on my return, but some folks might not be so diligent and would consequently pay higher Self-Employemnt tax (Social Security) and higher income taxes. Would not recommend. TaxCut (H&R Block software) has a major bust. Allows you to enter mileage for standard mileage deduction for business use of car, BUT it does not carry forward the deduction to Schedule C!

I reported this, and Customer Service couldn’t have cared less. Since I’m an accountant (read anal-retentive), I discovered the error and manually corrected it on my return, but some folks might not be so diligent and would consequently pay higher Self-Employemnt tax (Social Security) and higher income taxes. Would not recommend.

]]> By: MRComment http://elliottback.com/wp/tax-software-taxcut-vs-turbotax/#comment-2177656 MRComment Sat, 21 Mar 2009 10:27:51 +0000 http://elliottback.com/wp/archives/2007/02/03/tax-software-taxcut-vs-turbotax/#comment-2177656 You can compare Tax cut and Turbotax or compare among their versions at http://www.coolcheapest.com/Business_Productivity/2126--Intuit_TurboTax_Basic_2008.aspx. You can compare Tax cut and Turbotax or compare among their versions at http://www.coolcheapest.com/Business_Productivity/2126–Intuit_TurboTax_Basic_2008.aspx.

]]> By: Bonnie http://elliottback.com/wp/tax-software-taxcut-vs-turbotax/#comment-1289749 Bonnie Fri, 22 Feb 2008 15:58:03 +0000 http://elliottback.com/wp/archives/2007/02/03/tax-software-taxcut-vs-turbotax/#comment-1289749 I just went to citizentax,com and it says Your Federal Return is only $17.76 and your State Return is only $12.88. Wonder what's up with that???? I just went to citizentax,com and it says Your Federal Return is only $17.76 and your State Return is only $12.88. Wonder what’s up with that????

]]> By: Chuck http://elliottback.com/wp/tax-software-taxcut-vs-turbotax/#comment-1239890 Chuck Thu, 07 Feb 2008 22:12:36 +0000 http://elliottback.com/wp/archives/2007/02/03/tax-software-taxcut-vs-turbotax/#comment-1239890 Interesting article. However, I would like have seen something about a company called Citizen Tax. I have used them the last couple of years and have had no problems. They offer federal and state return combined for only $9.99. That is for all their forms too, no fee increases for certain forms like some of these other sites. If you are interested in an easy tax filing this season I would defenitely check them out. I highly recommend http://citizentax.com Interesting article. However, I would like have seen something about a company called Citizen Tax. I have used them the last couple of years and have had no problems. They offer federal and state return combined for only $9.99. That is for all their forms too, no fee increases for certain forms like some of these other sites. If you are interested in an easy tax filing this season I would defenitely check them out. I highly recommend http://citizentax.com

]]> By: Chad http://elliottback.com/wp/tax-software-taxcut-vs-turbotax/#comment-1175123 Chad Sat, 19 Jan 2008 23:10:30 +0000 http://elliottback.com/wp/archives/2007/02/03/tax-software-taxcut-vs-turbotax/#comment-1175123 Taxcut is much much cheaper than Turbotax. Turbo outdated software to calculated your tax, so the result can jump up and down if your don't know how to refresh the software. The last time I use it was 2006, and I lost 90 dollars due to this software stupid behavior. Taxcut is cheaper, but it does not give you good interview like Turbo. Still Taxcut does not change its result everyday you try to fill in the same infomation. This is my Taxcut 2007! Taxcut is much much cheaper than Turbotax. Turbo outdated software to calculated your tax, so the result can jump up and down if your don’t know how to refresh the software. The last time I use it was 2006, and I lost 90 dollars due to this software stupid behavior. Taxcut is cheaper, but it does not give you good interview like Turbo. Still Taxcut does not change its result everyday you try to fill in the same infomation. This is my Taxcut 2007!

]]>