So, without further ado, to the topics left to be covered:
Deductions and Credits: Compared to TurboTax it was harder to reach individual items, and I didn’t have a chance to calculate credits on overpaid taxes and foreign taxes paid, as I did last year. It appears to be working in a similar fashion though, so I give it a tie.
Federal Filing Options: As with TurboTax, H&R Block at Home comes with 5 Federal e-Files, and unlimited prints. The printouts can be configured to include all the possible forms and worksheets (including mini-worksheets within forms, which is very convenient for auditing), and of course – you can configure it to only print out the forms necessary for filing. It’s a tie with TurboTax here.
State Filing Options: Same as TurboTax exactly – e-file for $19.95, or print for free. Another tie.
Archiving: Similarly to TurboTax, everything can be exported as PDF’s (which can later be imported into other programs), or saved in H&R at Home format (which, again, can be imported into this or other programs). Tie with TurboTax, as expected.
Audit Defense: TurboTax audit defense costs additional $39.99, while for H&R Block its included in the price of the software (except for the Basic lowest level). I don’t know how much this defense really worth, but the fact that its already included in the price is an additional point for H&R Block at Home.
Questions and Support: As mentioned before, the support and the Q&A site and its integration in the program is far more superior for TurboTax than H&R Block at Home.
Bottom Line: Both programs are comparable. H&R Block at Home is significantly cheaper, but lacks important functionalities. For me, for example, the ability to import 1099-B is definitely worth the additional $20-$30 the program costs. It would take me hours to type all that in, and I would certainly make mistakes. I didn’t try to do it with H&R Block at Home (maybe later as an exercise), as I have a professional to prepare my tax returns this year.
H&R Block at Home guarantees a refund if a competing software/online service (read: TurboTax) can prepare you returns with larger refunds/lower liability. That is assuming, of course, that the data provided to the software was exactly the same.
If you want to know my opinion which is better/more comfortable to use – I’d say go with TurboTax.
Happy Tax Season,
Your Little Advisor