TaxAct vs HR Block donation assistant

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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runner26
Posts: 481
Joined: Sat Apr 07, 2007 9:39 pm
Location: California

TaxAct vs HR Block donation assistant

Post by runner26 » Thu Nov 23, 2017 3:52 pm

I picked up HR Block this year, and I noticed that the donation assistant for donated items were priced much lower than I remember TaxAct's donation assistant priced them last year. So I brought up the two programs side by side and TaxAct was quoting values 300 to 400 percent higher than HR Block. I checked a few items at the Goodwill store, and HR Block was closer to those prices. TaxAct was closer to wishful prices listed on e-Bay. Thoughts on this discrepancy? Could TaxAct have the potential of getting people in trouble?

mikep
Posts: 3697
Joined: Wed Apr 22, 2009 9:27 pm

Re: TaxAct vs HR Block donation assistant

Post by mikep » Thu Nov 23, 2017 5:22 pm

Taxact backs up the values if audited, but I agree they are a little high and I usually just pick the lowest amount/condition they list. If you are comfortable with HR block, then I would just use those.

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