Taxcut

number1picksmall My #1 choice for doing your taxes is Turbo Tax, not Tax Cut

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TaxCut is software backed by H&R Block to help the average American homeowner with filing their taxes and investments.   TaxCut offers help with both Federal and State income tax returns.  It is designed for easy navigation and understandable information for the average person.  The software replaces the need to sit down with a person to file taxes.  TaxCut is similar to Turbo Tax except it does not offer year to year deduction comparisons.

Taxcut Pricing

TaxCut is an effective program offered at an affordable price.  TaxCut’s basic program is $14.95, Premium is $44.95 and TaxCut Home & Business (not available online) is $89.95.  All versions include e-filing as an option, free of charge.  The software is available to purchase over the counter or it can be downloaded from the website.  The software also offers a business version, which assists companies (corporate, S-corp, partnership, LLC and payroll returns) file accurately.  Each year TaxCut needs to be updated in order to stay current with fluctuated laws and regulations.

Best Refund Guarantee

TaxCut guarantees the best refund you can find.  If a customer can find a higher tax return with another program, TaxCut will refund the money of the software.   The Home and Business version is recommended for individuals that desire to file both personal and business returns together.  TaxCut Premium includes DeductionPro for more specific assistance when tracking tax-deductible charitable donations.  This feature is a great benefit for those making large contributions to non-profit organizations.

All of the accounting has been done for the user.  Even a novice will find this software easy and friendly.  The user is simply required to answer a series of questions from one screen to the next.  It’s like sitting down at a tax office, and having an interview with a professional.  All the difficult and consuming work is done for the user. The taxpayer can rest assured because each return filed by TaxCut is sent through a series of checks and balances to ensure the reliability of the return.

Free Consult with H&R Block Expert

TaxCut makes it easy to find help.  Each step of the filing process is explained to the user.  The ability to ask questions and receive quick research is built into each screen.  There is also a free consultation with an H&R block tax expert that each user is able to use one time.  This software is excellent for those with questions and desiring more education on specific deductions and investments.

TaxCut Premium is enables the user to import tax data from TaxCut or Turbo Tax software.  TaxCut gives a detailed explanation of various regulations and advice on how to get the most out of the return.  The software also provides users with the tools for future planning (retirement, college savings, etc.).  Each return filed with TaxCut is audited by H&R Block to ensure accuracy and the maximum available return.

TaxCut is recommended for users that are filing a basic returns or an individual who has some preexisting knowledge of taxes.  The desktop software is user-friendly and makes filing taxes easy for the average person.  The only limitation with TaxCut is anyone who has a large amount of 1099’s, because TaxCut cannot download these forms.  More information can be found at www.taxcut.com.

–> Back to DK’s Guide To Taxes

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  • John Joseph

    Great Review . . . and it's a great program. I've used it for many years in a row and never had a problem with it.

  • D Stevely

    You are DEAD WRONG on this one. I just finished my taxes using Tax Cut Premium State + efile for 2008, and I can't file. You see, they haven't finished writing the Tax Cut program (as of Feb 2, 2009). It won't be finished until at least Feb 11. And, there are only 2-of-50 State Programs available (Calif is NOT one of them). I am going to have to turn to another tax program to file my taxes. I have lost ALL confidence I had in Tax Cut.

  • http://intensedebate.com/people/Debtkid DebtKid

    Yeah, which is why I would recommend Turbo Tax. I've used them for years, easy, no problems.

  • Vanessa

    D Stevely, I have been using Tax Cut for 8 years now. There many changes that are being implemented in 2008 that is likely why the updates will not be ready until Feb 11. Just be patient. Also, California has always been available. I used it last year. Patience is a virtue.

  • Frustrated

    I've been on the line with Tax Cut all night and I've talked to 3 folks. The keep sending me the link to the state tax (which they sent me an email saying it was ready but no link to begin with). I went online and my state wasn't listed. Still their customer service keeps acting like I should be able to use there link and of COURSE it does not work. I wonder if they are interested in refunding my 5 hours of work just trying to get their software to work. What is this . . . Beta?

    Turbo Tax – here I come.

  • Frustrated

    I've been on the line with Tax Cut all night and I've talked to 3 folks. The keep sending me the link to the state tax (which they sent me an email saying it was ready but no link to begin with). I went online and my state wasn't listed. Still their customer service keeps acting like I should be able to use there link and of COURSE it does not work. I wonder if they are interested in refunding my 5 hours of work just trying to get their software to work. What is this . . . Beta?

    Turbo Tax – here I come.

  • Frustrated

    Sorry – "their link"

  • ruraldude

    I have been using Turbotax online for several years but am frustrated this year with errors in both fed and state that have no basis with the info i provided. I was hoping that maybe taxcut was the answer but i guess not.

  • MLinOR

    I've used Turbo Tax for years. This year when I went to install it, my anitvirus software kicked in, and told me that Turbo Tax was trying to write to my boot sector. After some research, I discovered that Turbo Tax has new Digital Rights Management that writes to your boot sector. It loads a 1MB program into memory every time you start your computer. This year Ill try Tax Cut.

  • SparcMan

    DRM in tax software is reason enough to switch. These things are registered and paid for online. There really is no excuse for treating their paying customers like crooks. I've been using TaxCut for several years now and haven't had a problem with it. I fully intend to keep using it unless they start using DRM.
    When will software makers realize they waste more money with ineffective copy protection then they loose in revenues to piracy? Not to mention alienate their paying customers?

  • asvirb

    Well, i'm not sure about taxcut, i did it and it said i owed 57 to the state then did it on turbotax and they said i get 450 back from the state. I don't know who to trust.

  • DEC

    i'd like to know how this ends !
    I was on Feb. 11th 00:02 hours – 01:30 hours attempting to get Federal TaxCut update – Not ready !
    Did anyone get it?
    D.

  • NonprofitAccountant

    Print out your state forms from each program, see where the numbers are different, and check the state instructions.

  • NonprofitAccountant

    Btw- that reply was for asvirb

  • Sharon

    Can't download NY state..rep says he can't find why anywhere in his system. Get a message that download failed "Problem #28". Try again later. Have been trying for 24 hours. Anyone else?????

  • Marie

    My complaint is NYS Pension Fund Retirement is not taxed in NYS but Taxcut will not put the amount in the appropriate place on the NYS Tax form. I spent hours with techs who said they reported the problem. That was a few years ago. Still has not been corrected. What astounds me is that I can't be the only one in the State of NY that is getting a pension? Anyone out there who gets a pension thru NYS and uses Taxcut. Tell me what you do to get Taxcut to do the right thing.

  • Craig

    I’m having a problem that apparently is very common. After loading all I get is “Application has generated an exception that could not be handled. Process ID=0x5d4 (1492), Thread ID=0x4e4 (1252).

    They have a site (http://turbotax.intuit.com/support/iq/Crashing/-TurboTax-exe—Application-Error-/SLN45825.html?_requestid=151576), dedicated to this problem but non of their suggestions helped. I’m heading to the store to return the product and buy one of the others. There goes 12 hours of my life I’ll never get back.