H&R Block DeductionPro 2004

Other products by H&R Block

Product Features

• Software for turning charitable donations into tax savings
• Easily track cash and noncash contributions during the year
• Fair-market values for commonly donated items; expert advice
• Information on donating automobiles to charity and other overlooked deductions
• Generate tax summary and personal donation reports

Product Details

• Shipping Weight: 4 ounces
• Shipping: This item is also available for shipping to select countries outside the U.S.
• ASIN: B000646EGO
• Item model number: 4014600-04
• Date first available at Amazon.com: September 22, 2004
• Average Customer Review: 1.6 out of 5 stars See all reviews (5 customer reviews)
• Amazon.com Sales Rank: #6,542 in Software (See Bestsellers in Software)

Product Description

From the Manufacturer
Giving to charity is your way of doing the right thing. Helping you save on taxes is ours.

DeductionPro makes it easy to track both your cash and noncash contributions during the year, helping you maximize your tax savings! DeductionPro will help you get the most from your charitable deductions with the new and improved features. DeductionPro shows you fair-market values for more of the noncash items you donate. Easily find the true value of your charitable donations! H&R Block DeductionPro easily imports deduction data directly into TaxCut. Charitable deductions can include both cash and noncash items, out-of-pocket expenses and even mileage – DeductionPro helps you identify and maximize your deductions.

• UPDATED! H&R Block guide to Charitable Deductions and Tax Planning allows you to look for new information on donating automobiles to charity and other overlooked deductions.
• UPDATED! Deduction Advisor gives expert advice on how to save money based on your charitable donations and deduction expenses.
• IMPROVED! Donation reports allow you to export your donation reports into your favorite spreadsheet.
• NEW! Quick Tours gives multimedia advice on how to make the most of using DeductionPro.
• NEW! DeductionPro provides more fair-market values for commonly donated items than ever before.
• DeductionPro is FREE after mail-in rebate with the purchase of TaxCut Deluxe, TaxCut Premium, or TaxCut Complete Home & Business.

Get the most from your charitable deductions with these new and improved features:

• New! Deduct More Noncash Items.
Now DeductionPro shows you fair-market values for more of the noncash items you donate. Easily find the true value of your charitable donations!

• New! Quick Tour Videos Show You How to Save.
DeductionPro now comes with built-in videos featuring H&R Block professionals offering advice on how to make the most of your deductions in each of the donation categories.

• New! See the fair-market values of more noncash items you commonly donate.

• New! Get advice from H&R Block experts with built-in Quick Tour videos. Generate a tax summary and personal donation reports. Save hundreds of dollars on your taxes by claiming the full fair-market value for your donations. Estimate your tax savings with each entry.

• Updated! Get Advice on Your Deductions.
Enjoy customized information on deductions you may be overlooking by using the Deduction Advisor.

• Updated! Instantly Access IRS Publications when you need them, including 526 Charitable Contributions and 561 Determining the Value of Donated Property.

• Updated! The H&R Block Guide to Charitable Deductions and Tax Planning has been updated to reflect all the latest tax laws and commonly overlooked deductions, including information about donating automobiles to charity.

• Improved! Enjoy Easier Data Entry.
Streamlined screens make it easier to enter required donation information. Watch your total deductions add up by category as you enter each donation.

• Improved! Donation Reports.
Easily print and view detailed reports of all your charitable donations, including the Tax Summary Report. Plus, view all the donated items you entered with the Itemized Deductions Report.

• Improved! Recurring Donation Entries.
Easily manage cash donations, mileage or other expenses incurred on a consistent basis. After an easy one-time setup, DeductionPro automatically enters all of the donations for you.

• Watch It Add Up.
View an instant snapshot of all your deductions in My Deductions Summary.

• Track Donations Easily.
Comprehensive donation tracker lets you track your early 2005 donations even as you are using it for your 2004 taxes. When you finish your 2004 return, simply import your 2005 donations into next year’s edition.

• Quickly Access Fair-Market Values.
Look up values for donations from anywhere within the program using Quick Value Check.

• Seamlessly Import into H&R Block TaxCut Software.
From cash and noncash donations to out-of-pocket expenses, quickly import all your donation data from H&R Block DeductionPro directly into H&R Block TaxCut.

Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

1.0 out of 5 stars This software is awful, January 17, 2005

By	Margaret C. Short - See all my reviews (REAL NAME)

Warning: After successfully saving my file, I continued to input over 100 line items in this program (a very time consuming task). When finished, I tried to save but received an error message. Then when I tried to open my file, the message said it wasn't a valid file format. My file was corrupted and cannot be retrieved, and the technical support had no idea how it happened or whether it could happen again. They suggested that I back-up the file, but since this all happened in one sitting, I didn't have the chance.

The non-cash charitable contribution section is a great idea, but it's cumbersome: you have to scroll down a very long list each time (no key words). Plus, there are many every-day items that aren't on the list; bicycle helmet is, but dishware isn't. If the item isn't on the list, you have to enter it manually and assign a value, which is what I was trying to avoid by buying this program. Also, some of the distinctions are laborious; you need to indicate if a women's top is button down or v-neck, for example.

I haven't tried the alternative, but I won't buy this program again. I am in the process of returning it.

7 of 8 people found the following review helpful:

3.0 out of 5 stars Good for large deductions, January 14, 2005

By	David House (Dallas, TX USA) - See all my reviews (REAL NAME)

After getting it configured with all the specs it needs (charity names, etc), easy to use and acurate. I took a sample list of what it has into my local Goodwill store and prices were pretty accurate for clothing and more so for furniture.

I would say one could do the same by walking through a charity shop to place the value on donated goods but if one does not have a local shop or the time then pick this up.

One draw back I found is that when you set it up, you have to select one year or the other (2004 or 2005) could not choose both or revert back and rechoose. Although I suspect if one would remove it (registry entries too) and reinstall it, then you could select another year and track this years donations.

The other draw back is entering the items, for each one, you have to enter the date, would not use the same date used in previous entry, which I needed as I dropped off a couple of bags of clothes.


BTW This product may or may not have been included free inside the Taxcut Deluxe packages like mine was.

3 of 3 people found the following review helpful:

1.0 out of 5 stars Not worth the time or the money (and don't download it!), April 27, 2005

By	Jennifer Sim (Connecticut) - See all my reviews

I downloaded this software directly from H&R Block as part of an offer for the rebate to get the software free as part of purchasing it with Taxcut. So, I downloaded it with Taxcut, figuring, why not? It's free! WRONG! The rebate if only valid for "retail" purchases (i.e. not downloading it - what a ripoff!).

The software is completely useless, the fields are tiny, you can't enter medium to long charity names, and then you have to edit them in Taxcut (twice the work). It is simpler to use Taxcut honestly. I would never ever buy this software again and I would never again get baited into things I don't need by "free" rebates!