TaxCut from H&R Block 2001 Home & Business Filing Edition

by H&R Block

Product Details

• Shipping: This item is also available for shipping to select countries outside the U.S.
• ASIN: B00005T418
• Date first available at Amazon.com: November 1, 2001
• Average Customer Review: 1.3 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #25,170 in Software (See Top 100 in Software)
• Discontinued by manufacturer: Yes

Product Description

Amazon.com Product Description

TaxCut Platinum Home & Business comes complete with forms for home and business tax filing, including Form 1040 for sole proprietorships, Form 1120 for corporations, Form 1120S for S corporations, Form 1065 for partnerships, Forms 940 and 941 for payroll returns, Form 1041 for fiduciary returns, and Form 990 for nonprofit organizations.

For preparing a personal tax return, TaxCut's interview asks simple, direct questions tailored to the tax situation. Based on the answers, TaxCut does all the calculations and selects and completes the necessary forms. Or skip the interview and go directly to the forms. TaxCut double-checks the results and reviews the return like a personal accountant, checking for missing data, pointing out deductions that might have been missed, and flagging entries that might set off alarms at the IRS.

For a business return, get the same helpful features, but tailored for a businesses' tax needs. All forms are IRS approved. Complete the forms right on a computer while the software does all the calculations and carries entries to other related business forms. The interview feature helps avoid mistakes on the return. Expert tax help is built into the interview, and official IRS publications and instructions are available at the click of a mouse. Multimedia tutorials guide users throughout the preparation of their returns. TaxCut also lets users plan ahead and maximize deductions with the built-in Tax Planner.

Customer Reviews

Most Helpful Customer Reviews

9 of 9 people found the following review helpful:

1.0 out of 5 stars Business return disappointing, March 5, 2002

By A Customer

This review is from: TaxCut from H&R Block 2001 Home & Business Filing Edition (CD-ROM)

(I have not yet used the state yet, but) using the business return was very frustrating. Program would unload on every error, so I would lose my work and have to go back. The interview always started from the beginning. I could not name my return (it just saved somewhere). I deleted a worksheet, but the entire 1140 form was deleted.
For the money I saved, I burned it in labor. I will go back to Intuit next year.

8 of 8 people found the following review helpful:

1.0 out of 5 stars Steer Clear of Tax Cut for Business, April 9, 2002

By A Customer

This review is from: TaxCut from H&R Block 2001 Home & Business Filing Edition (CD-ROM)

I purchased this product because the price tag was right (half the price of the comparable Turbotax product). As the saying goes you get what you pay for---except in this case you get less!

I had to download over 200 forms from the website, the program crashed several times while doing this. Some of the shortcomings include:

The program doesn't remember you to where you left off in the interview process so you must start at the beginning or manually find your location

More detailed tax explanations are cumbersome to get and often must be downloaded from the site

The program also would "forget" information that had been input. For instance, the depreciation worksheets would accept data, not do corresponding calculations, and at the end of the input process, behave as if you hadn't just created that item's record

It's almost as if the program were created for people who already knew what they were doing, but just wanted some automated assistance (minus the outright bugs of forgetting inputted data). In any case, as a Turbotax user from previous years, I'd recommend that product hands down over Taxcut.

I haven't used the personal tax portion of this package, and I'm not going to.

8 of 8 people found the following review helpful:

1.0 out of 5 stars Won't use again, March 14, 2002

By A Customer

This review is from: TaxCut from H&R Block 2001 Home & Business Filing Edition (CD-ROM)

I found this software package to come up very short. I purchased this edition only to find out later,in the very very small print, that I needed the business all-state edition to do the state return. (Intuit's is downloadable.Taxcut is not.) The personal state tax software won't work either. I searched every office supply and computer store in raleigh and could not find a copy of the business all state edition.

I did not like the process to fill out the federal return either, nor the way it printed the form. I found it very cumbersome and impossible move around during the "interview".

It was my mistake though, I have alternated every year between turbo tax and taxcut for the last 12 years, I cannot seem to remember that intuit is the one that I like so well. I hope I don't make this mistake again.

I have found the purchase of TaxCut to be very inconvenient.