With TaxCut 2007 Premium Federal + State, you've got the tools you need to breeze through both your federal and your state taxes, as well as the DeductionPro program. The simple interview quickly walks you through the return process to automate your return.and you can quickly and easily import last year's tax and financial data from TaxCut, Turbo Tax, Quicken, Microsoft Money, and H&R Block DeductionPro, as applicable. This program automatically double-checks your return for errors. helps you maximize your deductions and offers multimedia video advice from seasoned H&R tax professionals. Maximize Itemized Deductions Schedule C Support - Extra deduction help for the self-employed Business Expense Assistant helps you make sure you're claiming all deductible business expenses Investor Guidance Quick access to IRS Publications for further explanation of specific tax situations Multimedia Video Advice - Our tax professionals explain how changing tax laws affect you
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Summary: Ease of Use
Comment: This product was very easy to use. I have multiple situations, emloyee, several side hobbies/businesses, etc. and the program was still easy to use with no glitches. I would buy it again. I also purchased a new computer with Windows Vista and loaded the program and still not problems.
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Summary: Tax Cut - good product
Comment: I have used TurboTax for many years but one year the security for the package cause a number of problems. Consequently, I switched to Tax Cut and have used it since then. Since I have a relatively simple tax return and don't enjoy doing tax returns, I have not tried Turbo Tax since then and I do not know if Turbo Tax has dropped its draconian security.
In any case Tax Cut does the job for the tax year but the updates are a long chore for low speed connections. Tax Cut (and other software vendors) should adopt a method of only requiring the downloading modules what have changed since the last update.
Also for the 2008 estimated taxes for my state (Georgia), Tax Cut did not update the new, higher level of unearned income deduction for persons over age 62. While this error does not result in underpayment of taxes for 2008 (which might cause a penalty), why should anyone unnecessarily over pay during the tax year even though they will receive a refund next year? I would rather put this money to work for me.
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Summary: Tired of paying high prices to your accountant for relatively simple returns?
Comment: I have an accountant who does my primary tax returns.
I have a children though who have minimal returns, but my accountant charges me $200 each for their returns. Heck with that!
I bought this software, installed it, and knocked out both returns for the kids in less than two hours. I was on a roll so I started plugging in my own return details and actually did it all myself.
So I skipped the accountant altogether this year, and saved $1400 in fees. This was a simpler tax year for me with no complex company stock options involved, but it had its twists and this software handled it well.
Great savings and not as painful as I thought it would be.
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Summary: FL residents STOP!
Comment: Can't imagine doing taxes without it. Have been using TaxCut for years and ordered the same version on autopilot. Doh. Moved to FL last year. Not much use for the state vesrions in FL! Oh Well.
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Summary: If you have to do your taxes, this makes it easy
Comment: I have used Tax Cut for over 10 years. It is easy because it just askes you question, you answer them, and it drops the answer where it belongs. If you keep last years on the computer, it will pull all of you information and drop it into this years. It is nice to have the State included.