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helwig
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Rating:  8
Time with product: 1 Weeks
Strengths: Easy to use, seems to ask all the right questions
Weaknesses: Is a bit confusing in the area of K-1 (small biz) data and calculations
Summary: I've used TaxCut for a few years now, and this year seems as reliable as previous years. It asks all the right questions and fills out the forms for you. What more could you ask for, I guess. I hate tax season and (so far) have refused to pay big bucks to a tax pro, so this software is my "middle ground." My singular complaint is that the section in which you enter K-1 (small biz) info is a bit odd and seems to ask for pieces when you have already told it that it doesn't need to know them (rental income, for example). It looks like the H&R Block folks didn't test this part as well as the rest (perhaps because it is less well used). Even when it arrives at the result for this part, I'm not 100% sure that I trust it, so I will have to run those numbers by hand. Beyond that, however, it works as well as usual. It makes an evil task much more tolerable.
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asb002
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Rating:  10
Time with product:
Strengths: Easy to use, effective
Weaknesses: No E-File
Summary: I've used Taxcut for years, and will continue to do so. It is easy to use, and finds refunds and rebates all over the place. The GUI is top notch, and the support, should you need it, is superb.
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eternity333
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Rating: 8
Time with product: 1 Months
Strengths: Established Tax Software
Weaknesses: lower versions do not have E-file
Summary: This software is one of two major Tax Software brands available to the general public. There are no significant differences from past editions - except that the software is brought up to date with current tax law. Because of ongoing software updates, I recommend if you use this software, do not file your final return until there are no further expected software updates, or else you can end up sending in a return that might be in error. There are significantly less coupons and offers contained in the software package for tax year 2007 than in past years, and may vary depending on the store purchased. If basic versions would have E-file I would rate it 5 star, but as they do not, I rate this one star lower.
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dwah
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Rating: 8
Time with product: 1
Strengths: Predictable interfaceThorough interview processAccurateDoes all the calculationsIncluded Deduction Pro
Weaknesses: Deduction Pro software good for one year onlyDifficult to navigate to formsCan't have several forms open at one time--difficult to do comparisons and "what-ifs."
Summary: I've used TaxCut and/or TurboTax since 1999. Both programs are similar, although I find myself coming back to TaxCut each time I give TurboTax a try. This year, however, I was less happy with TaxCut and may go back to the other. The interview is very thorough, but therefore also very annoying. Although TaxCut attempts to determine the areas where I need to enter information, I find that I could enter much of it faster directly on the forms (e.g., dividends, interest, business expenses). The interview does not include a navigator which allows you to skip around and easily revisit topics. TaxCut allows direct entry--if you can find the right worksheet related to the form--but it doesn't check off the interview for that topic. Therefore, when you return to the interview, it goes right back to the topic you've completed elsewhere. Although manually entered numbers, e.g., 1099MISC or Depreciation schedule, properly carry forward to the tax forms, they did not show up in the interview. That is, the interview did not see that I had completed the 1099 and asked if I wanted to do one. When I said yes, I ended up with two 1099's with the same information. I find the DeductionPro software now bundled with TaxCut to be useful in tracking and quantifying my non-cash donations. You can use it to enter cash donations as well, but this seems redundant since I use Quicken to track all my expenses. My biggest gripe about the program is that it so emphasizes the interview that it is difficult to navigate through the forms. Further, it is impossible to have more than one form open at a time, so you can't make entries on, say, a depreciation worksheet, and see how that is affecting your Schedule C or 1040. I wish they would use the typical Windows approach to allow multiple windows. I'd also like them to use the Windows keyboard shortcuts when possible, rather than their own. I was also annoyed this year by TaxCut leaving out some critical forms and referring me instead to the IRS or state websites. Notably, the state extension forms (Oregon and Oklahoma) were not included. How much more difficult would it have been to include this very common form? I would moderately recommend this program.
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8.72
$24.97
388 Reviews
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