H&R Block - Deluxe + State Tax Software - Mac OS, Windows

Q: If I need to do more than one state return what can I do, do I have to buy two copies of the software?

A: You can file multiple state returns with the same software. You don't have to download another copy but you have to pay the $19.99 (+tax) for each filing

Q: What is HRBlock Delux + State digital software? Is it different than the one does not have a suffix digital?

A: If one is marked digital it means you get a digital, downloadable copy, not a physical copy.

Q: I have received a Schedule K-1 created by a Trust/Estate return. Does the H&R Block Deluxe+State Tax Software accept Data from the K-1?

A: I was able to enter data from a partnership K-1. I would expect that it would be able to process the K-1 for your situation as well.

Q: Will this program automatically determine which is more beneficial for my wife and I to file jointly or separate

A: Hi James - The software does not automatically determine this for you. However, you’re almost always better off married filing jointly (MFJ). Many tax benefits aren’t available if you file separate returns. Ex: You can’t claim a majority of the credits if you file separately. Also, if you file jointly, your standard deduction (if you don’t itemize) will be higher. This usually causes your taxable income and tax to be lower. Married filing separately (MFS) might benefit you if you’re liable for Alternative Minimum Tax (AMT) on a joint return. However, this is only true if only one spouse is liable on a separate return. The best way to figure out whether married filing jointly or married filing separately will benefit you the most is to prepare your returns both ways. Then, choose the filing status with the lowest net balance due or refund. If you choose married filing jointly, both of you can be held responsible for the tax and any interest or penalty due. One spouse might be held responsible for all the tax due — even if the other spouse earned all the income. If either spouse doesn’t agree to file jointly, then both spouses must file separately. There’s an exception if one of you qualifies for head of household status (HOH). For a complete list of the “special rules” when filing MFS, see page 22 of Publication 17 https://www.irs.gov/pub/irs-pdf/p17.pdf

Q: Does this software support form 1099H? Health coverage tax credit.

A: Yes, this software supports 1099 forms.

Q: Can I enter my K1 values from my business?

A: Yes

Q: does it include small business schedule C form

A: Yes, but didnt need the specific form.

Q: HR Taxcut: What are the pros/cons of purchasing the actual CD versus downloading the software to my computer?

A: I always like to buy a cd instead of downloading for multiple reasons: security (vs putting your personal information on the internet), easier to load on multiple machines and to file electronically. keep the cd for any future uses, including computer breakdowns, to file ammendments, etc.