Customer Reviews

ItsDeductible 6.0

5 star:		(1)
4 star:		(3)
3 star:		(2)
2 star:		(1)
1 star:		(4)

 

 

On the surface it is a greate product and if all you have donated during the year is clothes then you will be very happy with it. It is quite lacking in other areas such as electronics, kitchen and household items, fitness equipment, etc. As far as technical support, don't expect much if you don't have a web connection. But since the alternative is tromping around to find price estimates, I'll give it 3 stars.

I bought this product, and the mandatory internet update failed. I attempted to contact their Tech Support and one month later they opened the mail !!), but offered no support at all beyond the stock answer listed in their FAQ's (which I had already tried, and told them so). It also appears to have nasty anti-copy measures built in, so a reinstall won't work and the program won't even load now. Consider your options before buying this!

Nowhere in the advertising, the packaging, or even the ubiquitous EULA does it state that this product is only good for a single tax year's use. Not until it is installed and the user is asked if it will be used for tax-year 2002 or 2003 does the user get any inkling that this is a one-year license, just like Turbo Tax. So be aware, if you think you're going to be able to use this year after year to track your donations, it won't let you! Not without purchasing the annual updates, anyway. Getting this software not so much a "purchase" as it is a "subscription" that needs to be renewed every year.

I just finished using Its Deductible to calculate the value of the clothing that we donated last year & it netted us another $199 in tax savings. It was very dificult determining "fair market value" on my own in prior years & this was a welcome helping hand. The only down side for me was that it did not have any provisions for people who donated automobiles (a minor problem). The program is also great for keeping track of cash charitable contributions as you make them instead of waiting until it's time to do your taxes. It also prints detailed reports on all of your activity.

A must have for garage sale addicts. My usual pile of donations was valued at over eighteen hundred dollars, according to the software. Valuations tend to be over thrift store prices. The software is fairly easy to use, but watch out-its easy to delete all your donations. The receipt printout was useful.

I found It's Deductible to be an easy to use piece of software. While I was dissapointed in the one-year licensing aspect of it, I saved many times the investment in tax savings of dontated items for 2002. I really did estimate too low, real market value on many of my donations made in 2002.

I am buying a second copy to track my donations throughout 2003. It imported very well into Turbo Tax as well.

After reading the prior reviews, I'd say my review falls somewhere in the middle.

The negative:
Yes, it is annoying (and costly) that the software is locked for a specific tax year upon installation. I wonder just how much the value of a used pair of jeans actually fluctuates year-to-year? Especially since upon buying the software you have the choice of locking for 2002 or 2003! I also found it aggravating that you could not print out any reports that include their listing of the fair market prices. I also agree that the groupings of items are limited, though it worked well enough for us (since we mostly donate clothing).

The positive:
I did not have any problems installing or using the product. Part of that is probably because this package is nothing more than a glorified spreadsheet of wholesale prices. There's not a lot to it, really. However, the results of the software are indisputible as far as I'm concerned.

In past years my wife and I have basically guessed at the fair market prices of our yearly donations to Goodwill. Basically that amounted to assigning garagesale low prices. This year we used ItsDeductible... and WHOA what a difference! We found out we had been WAY underestimating our prices. This alone paid for the price of the software tenfold. Your results may vary, but I will say: if you've been guessing at prices, you're probably wrong!

Using TurboTax it imported my ItsDeductible data smoothly. All in all we are pleased with this software and will purchase the 2003 version next tax season.

should be their marketing call. After I spent $19.99 for this, I went to writeoff a computer I donated to a school. A message popped up, "You must pay $10 to get the "Computer and Electronics" part of this program."

I have seen better ethics from porn spammers.

As a 6 year customer of TurboTax, this is my last year using Intuit products. Last year's militant software protection was the first straw, this is the last.

Beware. Only until after I had purchased this product did I find out it was restricted to one use, one year only. You cannot use it for other members of your family household. Smacks of the earlier attempt by TurboTax to limit use of that product to a single computer, the one on which it was registered. I am tired of such antic$. I have switched to TAXCUT and also returned this one.
Customer service said "we are not in Calcutta" but I did not pursue that point.
Ken

I read the first guys review here on Amazon, and he needs to get a clue. He totally misses the point of the software. The features are pretty good, but the real value is that it has tons of values for all kinds of items based on the condition of the items.

I used this software this year because we moved and donated quite a bit of stuff. I had almost $4500 of non-cash deductions using this product, and there is no way I would have risked that high of a deduction on my own. I would say about 80% of the stuff we gave away was listed in the software, and thats not too bad. The alternative is to figure out what stuff is worth yourself, which nobody will really do, so the only thing you can do is guess.

I am definately a satisfied customer!