Far be it from us to help publicize a much larger competitor's promotion. Business Week online writes that there is a catch:
The promotion only covers those filing the 1040EZ federal form, which is about 16 percent of H&R Block customers. The 1040EZ form covers only the very simplest tax issues. It can't be used by anyone who has dependents, makes more than $100,000 per year, is age 65 or older, claims adjustment to income like alimony or tuition deductions, or itemizes deductions. Thus, homeowners who deduct mortgage interest or people with large charitable contributions can't use the 1040EZ.
Even those customers who can use a 1040EZ will have to pay H&R Block extra to file any state income tax returns. Just seven states—Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming—have no income tax.
The offer began on Jan. 14, when H&R Block's local offices started filing 2010 returns, and ends on Feb. 15. From Feb. 15 to Apr. 18 (the tax filing deadline is different this year because of a holiday on Apr. 15 in the District of Columbia), customers will be charged to file a 1040EZ at an H&R Block office. That's an important consideration for taxpayers who may still be waiting for key end-of-the-year paperwork.
Click the above link to read more.
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