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TaxCut Premium 2006 (discontinued)

TaxCut Premium 2006

Entered CNET Catalog: 12/06/2006

SKU: 1027800-06

Manufacturer: H&R Block

Manufacturer description

The H&R TaxCut Premium Federal 2006 will cover nearly every tax situation, including help for Schedule C filers and investors. Plus, extra tax guidance and deduction assistance help you get the refund you're entitled to. This package covers everything basic has plus maximizing your deductions, and a free session with a tax advisor. This is the perfect product for the tax season.

User opinions

Select a User Opinion to view: 1 2 3 4 5 6 7 8

User Rating: 8/10

After 4 years using the program

Pros: Ease of use - speed - detailed advisor when needed

Cons: Would like better utilization of MS Money data

Review: I have been using Taxcut Premium for 4 years. It is FAST, it is easy, and for 2007 it is easier than prior years.

You can use the large number of advisors at various stages of getting the return put together, or if you know what you are doing, you can breeze through the Q&A and be done with State and Federal in about an hour.

The only down side is that it takes limited information from MS Money. I would like it to read the details. Most of what I itemize through the year is labeled as such in Money.

User Rating: 4/10

False Advertising

Pros: Easy to use

Cons: No Customer Support

Review: I purchased this with the State Tax Cut. When I tried to download the state software I was advised that there wasn't one available for my state. I tried to get a refund for the state portion but I couldn't get through on the phone and my emails were never answered.

User Rating: 3/10

3rd Party PDF software caused problems

Pros: It was cheap

Cons: You get what you pay for

Review: TaxCut installed a freeware version of PDF995 without consent. I already had a registered full version of PDF995 on my PC which had now reverted to the unregistered version. When I tried to reinstall PDF995, it was conveniently installed in the TaxCut directory - how nice! When I uninstalled PDF995, I received an error when attempting to uninstall TaxCut because - you guessed it - PDF995 was missing. I've used this program for 10 years and its usefulness has steadily declined.

User Rating: 3/10

Doesn't play nice with Intuit products

Pros: Attractive price

Cons: Doesn't import Quicken and TurboTax cleanly

Review: I have used TurboTax for several years. For 2006, I was seduced by TaxCut's low price. However, although the program said it imported the previous year's TurboTax file, I still had to reenter every field. Then when it imported Quicken financial data, the data was garbled. I wound up with three separate Schedule C forms, all with different amounts. Finally bit the bullet and ponied up $90 for TurboTax.

User Rating: 2/10

Not ready for prime time

Pros: Mac version available, Better support than Intuit

Cons: Product not ready

Review: As of Feb 23 Mac version still incomplete. Program balky if you know taxes and don't want to follow interview. Form 8913 doen't work properly. Software won't run when installed in application folder, has to run from users folder and be installed by the account using it. Printing messes up. Progam doesn't display print dialog when printing record copy of tax returns, defaults to the filing copy settings.
Support prompt but inept, but still better than Intuit

User Rating: 3/10

Program has known bugs

Pros: Easy to use

Cons: Known problems that did not get caught or fixed.

Review: I've been a user of Taxcut for many years. I was real disappointed in this years version as it contained problems that will effect my return and should have been caught by HR Block before it's released. The problems pertain to the importing of last years data. H.R Block's response was to not use that feature of the software.

User Rating: 6/10

Residential Energy Credit

Pros: n/a

Cons: n/a

Review: The Residential Energy Credit is claimed using IRS Form 5695.

Gmon17 was right that this credit is currently not supported in the Online version of TaxCut. It is available in Software and will be available in the Online product beginning on February 15th.

I apologize to any Online customers inconvenienced by this. Research lead us to believe that the majority of people claiming this credit would be software customers and/or filing later in the tax season.

User Rating: 3/10

This product is incomplete and you may not get your maximum return if you use it.

Pros: Easy to use interface.

Cons: Incomplete interview process, unable to input tax credit that is a basic part of the 1040. You may not get all the $$ owed to you.

Review: Do not trust this product, it is incomplete. H&R Block knows it, but doesn?t disclose to the public that users can?t take basic tax credits due to the face that it lacks the forms required(maybe they?d lose sales if they did). The result is the interview process hides tax credits from the user.

I tried to use the online version of Premier TaxCut. The product did not know about a basic 1040 tax credit that is new this year; Residential Energy Credit. It?s line 52 of the 1040. I contacted support on 1/29 who lied to me that this would be available on 1/31. On 1/31 I was back in touch with support inquiring how I could enter my tax credit. This time they told me there was no way to enter it via the Premier web version, but maybe the pc ver. could. I called sales who told me I could take every deduction, but when I mentioned the specific tax credit they told me they try to cover the most popular forms, but do not include all that are required.
Fact: you may not get your maximum return using TaxCut.

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TaxCut Premium 2006 specifications

  • General
  • Category Business applications
  • Subcategory Business - commercial finance / tax preparation
  • License pricing Standard
  • Software
  • License Type Complete package
  • License Qty 1 user
  • License Pricing Standard
  • Platform MacOS , Windows
  • Min Supported Color Depth 8-bit (256 colors)
  • Distribution Media CD-ROM
  • Package Type Retail
  • System Requirements
  • OS Required Microsoft Windows XP , Microsoft Windows Millennium Edition , Microsoft Windows 98 , Microsoft Windows 2000
  • Software Requirements Internet Explorer 6.0 , Safari 1.3.2
  • Min Processor Type 90.0 MHz , 90.0 MHz
  • Peripheral / Interface Devices SVGA monitor , Sound card , Printer , Internet connection , Speaker(s) , 2x CD-ROM
  • System Requirements Details Microsoft Windows 2000 / XP - Pentium - RAM 128.0 MB - HD 170.0 MB , Apple MacOS X 10.4.x - Pentium - RAM 64.0 MB - HD 170.0 MB , Microsoft Windows 98/ME - RAM 256.0 MB - HD 170.0 MB , Apple MacOS X 10.3.9 or later - RAM 32.0 MB - HD 170.0 MB
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