TaxCut 2004 Complete Home & Business [Old Version]

by H&R Block

Product Features

• Quickly and easily complete business and personal tax returns
• Advice on depreciation, expense deductions, and other business considerations
• Pros and cons of potential home-office deductions; industry-specific business tax tips
• Improved Schedule C interview; all forms needed to complete Federal tax return

Product Details

• Shipping Weight: 4 ounces
• Shipping: Currently, item can be shipped only within the U.S. and to APO/FPO addresses. For APO/FPO shipments, please check with the manufacturer regarding warranty and support issues.
• ASIN: B0006461NU
• Item model number: 1116600-04
• Date first available at Amazon.com: October 8, 2004
• Average Customer Review: 2.1 out of 5 stars  See all reviews (15 customer reviews)
• Amazon Best Sellers Rank: #11,527 in Software (See Top 100 in Software)

Product Description

TaxCut Complete Home & Business includes two software programs with everything you need to file your personal and business tax returns. With customized tools and advice specifically designed for the small business owner and an improved Schedule C interview, TaxCut Complete Home & Business offers a comprehensive tax solution. Business Tax Interview - Includes additional help and guidance to make preparing your business return easier. Accounting Method Assistant - Helps you select the best accounting method for your new business. Free H&R Block Ask A Tax Advisor After Rebate - Get live expert tax advice online or by phone from a trained H&R Block tax professional when you purchase the Ask A Tax Advisor option within the program. You'll pay just $19.95 per session and receive one free session after mail-in rebate. 1099-MISC / W-2 Reporter and Preparer - Saves you time and money by printing our W-2s and 1099-MISC forms for employees and contractors and all the associated IRS reports. Home Ownership & Rental Tools and Advice - Understand how home ownership and rental property can affect your taxes

Customer Reviews

Most Helpful Customer Reviews

7 of 7 people found the following review helpful:

4.0 out of 5 stars TurboTax: Bad, TaxCut: Good., February 23, 2005

By 

C. Johnson (Lawrenceville, GA) - See all my reviews
(VINE VOICE)    (REAL NAME)   

This review is from: TaxCut 2004 Complete Home & Business [Old Version] (CD-ROM)

I originally wrote this review thinking that TaxCut did something wrong in calculating home depreciation for my wife's home business that was started and stopped in 2004. However, I got an email from the IRS today stating that I cannot claim home depreciation for businesses placed in service and disposed of in 2004.

Pub 946, Page 6 under 'Excepted Property'

To check to see if TaxCut would calculate it correctly if I said I started the businessin 2003, I went back to the interview and changed my business start date to 1/12/2003. After I did this TaxCut correctly calculated my depreciation as expected.

That was the only issue I had with TaxCut. And this is not really an issue since TaxCut was right all along. Kudos to TaxCut for covering all the details, unlike their competitor, TurboTax, which I found 2 major bugs in their software that they try to deny. One bug is that TurboTax gave me the home depreciation credit for my part year business. This is not correct according to Pub 946. I would have increased my chances of being audited by Uncle Sam if I filled with TurboTax.

I am so glad I was able to return TurboTax back to the store and exchange it for TaxCut. TaxCut blows TurboTax out the water. I will never even think about purchasing TurboTax again, they think their software is perfect, when really its not. Then when you report errors, they tell you, that YOU did something wrong.

TaxCut gets an B+, with my only complaint being that the interview could be a bit more decriptive and tell you EXACTLY what is happening to the figures you type in to it. If it had done that in I never would have questioned why I didn't get a home depreciation credit in the first place.

In hindsight, I think I may have wasted my money on Complete Home & Business. I think I could have sufficed with TaxCut Platinum, since the only business we had last year was a home daycare. TurboTax didn't even prompt me to use the business CD that was included. Oh well, theres always EBAY. And also I did need to use "Ask a Tax Advisor" for some help. And I well get a rebate of the cost since I bought "Complete Home & Business". In either case, this software still blows that TurboTax crap out the water, it follows all the tax laws and does all calculations correctly; at least in my case.

7 of 7 people found the following review helpful:

5.0 out of 5 stars Excellent product, year after year, January 31, 2005

By 

B-GOAT (Oregon City, OR USA) - See all my reviews

This review is from: TaxCut 2004 Complete Home & Business [Old Version] (CD-ROM)

Both complaints I read below sound more like people that are too impatient to wait for the final updates or follow directions, than serious tax filers. If you want to file your taxes in January, you are going to have to fill our the forms manually, the software companies (both TaxCut and Turbo Tax) have to finish their final programming after the IRS releases the final rules.

Moving on. I have used TaxCut now for 6 or 7 consecutive years. Every year it gets easier to use. I don't have easy taxes either. I own 5 rental homes and have to deal with all the write-offs and depreciation. TaxCut has been a great help to me. I would recommend it to anyone.

7 of 7 people found the following review helpful:

5.0 out of 5 stars Sorry about the Last Reviewer but...., January 15, 2005

By 

Dwayne "GOD Bless" (USA) - See all my reviews

This review is from: TaxCut 2004 Complete Home & Business [Old Version] (CD-ROM)

the fact that this program can imports from TaxCut, TurboTax, Quicken, Microsoft Money, was what moved me from TurboTax to here the last reviewer may not have noticed but Taxcut sent out numerous updates that resolved a lot of issues with the software and it alarmed you multiple times before sending off your taxes from last year almost making it error free .. .and they will support you for those errors if any at all if the IRS did indeed have to be involved (I had none with my business). . .after the "spyware like" problems that inuuit's Turbotax and Quicken had, it was great to see how easy it was to move to this program as well as my now favorite MS Money small business program after being a dedicated user of Quicken/TurboTax for 5 years and dreading the change. Below's quotes work for this year and last year for me and I hope for others:

"Whether you are a novice at tax preparation or a pro looking for shortcuts, TaxCut Premium 2003, our "Top 10 Reviewers' Choice Award Winner" is an excellent product for tax preparation and filing. TaxCut combines a wealth of useful features and information with simple navigation for a good price."
Top Ten Reviews

"It holds the edge when it comes to calculating income and expenses for self-employment, and it was the most comprehensive and easiest to use in that area."
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