US stock · Consumer Cyclical sector · Personal Services
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H&R Block, Inc.

HRBNYSE

39.33

USD
+0.24
(+0.61%)
Market Closed
12.90P/E
10Forward P/E
0.59P/E to S&P500
6.366BMarket CAP
2.76%Div Yield
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Suggestion: Do TurboTax, H&R Block and Tax Act. You can do all three of them online easily, quickly and for FREE right up to the point you pay to file. I do all three simultaneously on three browser tabs. When I see that all three of them precisely agree as far as my refund amount I feel pretty confident that amount is accurate. Right? Then I finally go ahead and file using one of them (usually TT or HRB).

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Hey do you guys think this will hurt apple AAPL iPhone sales

When collapse and panic?

Excess Deaths 🚀🚀🚀

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South Korea https://ibb.co/zJkRBS5

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Oh, that's a good point. The person from "HR Block" who called me - I told them to cancel the appointment.

I'll follow u/Emily4571962 suggestion and look up HRB website info to call them directly.

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I’d go on HRB’s website and find the phone number to call that office location and confirm it was really them, and not a fisher pretending to be them.

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I was unfortunate enough to use a HRB store due to waiting until the last minute but wanting to make sure I was filing correctly due to on line gambling winnings and losses. Never again. They had no idea what to do and I ended up paying much more than I had to.

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HRB charged me $277, TT advertised a package deal for $28 that included state that later STILL charged me $18 for state and no customer service available whatsoever. Conned once, twice, with TFUSA I STAY! (Plus that whole thing about Intuit CEO priding that he false advertised to vets and got their money anyway left me feel 🤢)

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Because it's a loss leader that the tax prep companies (TT/HRB) run so that they can trick users into paying more now (or later) and continuing to use their site long after they've started paying for it.

​

OLT.com is free for fed, $9.95 for state, and updates forms far faster than TT or HRB. Freetaxusa.com is $15. No income limits. You have options.

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I'm a tax pro ...couple of things from my perspective:

  1. If you have W-2s, a couple of kids, you itemize, and may even have a rental property (with tenants, not one you sold), you will generally be fine with something like FreeTaxUSA. Small self-employment with good books? Could be fine.

  2. CPAs get all the love because their professional organization is great at marketing their people, but there are some very fine non-CPA tax pros. Enrolled Agents are tax specialists, and, along with CPAs and attorneys, they have unlimited rights to represent you in front of the IRS. AFSP practitioners are good, too; they have limited representation rights. Many CPAs and attorneys don't even work with taxes. Consider expanding beyond just 'CPA' and you may find a reasonably priced, quality tax professional. You can find some by searching the IRS directory of credentialed preparers.. A good pro is going to run about $250 to $750, depending on area and complexity. It could be more or less, but that is a good range for an individual return.

  3. Be careful about 'max refund' claims, or the wprds 'certified' or 'registered' when talking about preparers. The Zirs does not allow preparers to use those terms. Some of us may be 'credentialed' or 'enrolled' by the IRS, but we can'tsay certified or registered (some states do have this designation, though). Make sure any preparer you use signs the tax return and uses their PTIN. A lot of really shady people show up this time of year and vmcause a lot of havoc for people 16 months later.

  4. VITA locations have some very good preparers, and I wished more would use them. They are equivalent to AFSP preparers, though I don't believe they have representation rights.

6)The AARP Tax-Aide program is good. They focus on the 50+ crowd, but people of any age can use them.

  1. I am not a fan of retail storefront tax chains like HRB, JH, and LTS. If you use one, I would suggest an HRB (the larger offices usually have at least one EA), or ask about who reviews returns before submission. I do know a couple of CPAs who own LTS franchises, but that is not the norm. They used to be okay but went way downhill when John Hewitt went John McAfee. The ones run by credentialed folks should still be okay. I have an opinion on JH, but rules (and libel/slander laws) may prevent me from expressing it.

  2. Consider using a pro once to learn how the tax return works. Ask them to explain the basics, particularly if you are self employed. Alternatively, consider taking a tax class from one of those chains. The class will give a very basic overview of the tax system (but doesn't make you qualified to prepare returns or give tax advice, hence not suggesting them for prep earlier).

  3. Sold assets, have a partnership or corp, have IRS issues, have foreign bank accounts or income, or some other things that just are a little higher up the scale? Get a tax pro.

Anyway, I'm sure there's more.

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not sure about HRB, but your CPA software is tracking all your RE depreciation schedules on all your capx items such as appliances, roofs, windows, etc for all your properties and then these roll to next year. Also, the CPA handles 1031 transaction accounting and tracks that basis as well for tax purposes. I don’t know where the line is drawn, but once you’re past two rental properties, I think you definitely want a CPA. Lastly, and importantly, the CPA should be available throughout the year to answer your tax questions.

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Here is one HRB, H&R block.

Tax is not going anywhere and people and businesses pay for it. Covid dip was free money printer. Covid/war or not you and businesses are paying taxes.

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I think it's around $30 for another state. With HRB there's a workaround to get the second state for$10-15 by buying another copy of deluxejstate

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I’ve researched this and can provide links to various experts.

I processed tax return from 2005-2012 with HRB. I processed thousands of tax returns.

There are scenarios where it doesn’t make sense to pay down. During the last years of your mortgage… you’ve already paid them for your money.

If you convert a house to a rental- no pay down.

If you have a large number of dependents- look closely At pay down.

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TBH not sure where I read the 130 figure. Maybe it is fake news? Here is the structure of the deal: https://twitter.com/thealexbanks/status/1523695237935239169?s=46&t=SptkHRb_dRR8VyeAHLLlAA

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Have you ever noticed any problems with HRB?

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All i ever did was trying to make more money but all i ever got is losses img HRB 42p 06/16

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$HRB

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Someone please write a DD on how HRB is overvalued boomer stonk. Pls guys, i have puts and had to cut back on sugar to save money img

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I would not trust turbotax or HRB with anything more than filing my tax return, if that. See https://www.reddit.com/r/personalfinance/wiki/financialadvisors/ for advice.

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Why is HRB so solid lately? I believe it should be a large dump after earnings, what can it possibly report to sustain such an increase YTD?

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gonna sell off my HRB(dbld my $$$, but didn't have a lot invested) and gonna sell off another stock but the ticker is a sekirt because it's a spicy pickle.

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#Ban Bet Lost

/u/cashbackpal (4/5) made a bet that HRB would go to 40.0 when it was 45.16 and it did not, so they were banned for a week.

Their record is now 4 wins and 5 losses


^LEADERBOARD - ^FAQ

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https://www.youtube.com/watch?v=-bgad3HRb64

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https://www.youtube.com/watch?v=-bgad3HRb64

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Same. HRB download from Amazon usually < $25.

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Long term $HRB puts is the play boys

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Why tf would HRB be up?

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I was in HRB since it went oversold on the daily chart back in early 2021. I sold it to buy SOXL a few weeks ago.

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monday is for $hrb puts 🐻 is what youre trying to say

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The IRS has 9 months to study the prospect and report back to congress. If that report recommends implementing a free-filing system HRB will probably take a decent hit.

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Filing taxes in US is free, just not online. Go to Post Office, pick paper forms, fill in, go back to post office and send them. You do have to pay USPS to send it but that's for service, not for filing taxes.
So Intuit and H&R will be still in business because almost nobody does it on paper now and the service they provide (guiding you through a maze of IRS rules and regulations) will be still valuable.
Flat tax, consumer tax, - those may kill INTU and HRB but if IRS grows they will prosper.

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Buy puts on $INTU and $HRB

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>(

Agree. For your info, Mcdonald's does all the research and marketing as to where they are located etc. Burger King and Wendys just look to build as close to Mcdonald's as they can. H&R Block decides to go into town...Liberty Tax and Jackson Hewitt will try to get as close to HRB as they can. Get the idea?

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HRB puts free money

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Long META, GSK, MCY, 1-800 Flowers. Calls on BABA. Puts on AAPL. Short HRB.

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Ban Bet Created: /u/cashbackpal bet HRB goes from 45.16 to 40.0 before 2022-10-02 12:13:14.772625-04:00

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!banbet HRB $40 30d

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HRB

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I've had some bangers for stock holdings that I wish I loaded ny whole portfolio into.

Right now, dare I say INTC and KHC? ...

Look just saying:

  1. I almost made 6-figure profits on GME in 2020. Sold far too soon.
  2. I doubled my Money on PBT in 2021...
  3. More than doubled my money on XOM in 2022
  4. Doubled my money on HRB in 2022 ...

also yeah Ive had some dogs too. Not claiming to be a stock wizard or anything

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What is the moat exactly? Intuit-ively, it doesn't seem that hard to create tax software or personal finance apps... Also, the valuations for HRB (H&R Block) look much lower. Any major reason for the discrepancy?

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User Report| | |DGEN\FRENDS| :--|:--|:--|:-- Total Submissions|16|First Seen In WSB|1 year ago Total Comments|85|Previous DD|x x x x Account Age|8 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) Vote Spam|Click to Vote|Vote Approve|Click to Vote

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Sale and buy HRB it’s a winner

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I only made .60 a share instead of about ten times that if I'd only waited an hour. :C

I also sold my HRB contracts early and I could have made double what I did 😭

I fomo'd into the stock at the top to feel better

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HRB (H&R Block, yes the tax company) has gone up more than 100% YtD. I hold a few hundred shares. The current short/float is about 6%.

Does this give it any chance of squeeze?

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I have owned 8 tax offices in 2 different tax franchise brands. I am now a franchise consultant who helps people find the best franchises for them.

John Hewitt started Jackson Hewitt. He grew them to 5k offices and then sold his shares in the company. He then started Liberty Tax Service and saw the same success and exited. Liberty has lost significant market share since he left. He is doing it again with a company called ATAX.

Franchising is about selling territories - as you might think, the prime territories are the ones that sell first and those franchisees become millionaires. HRB, JH, and LTS have had their prime territories long sold out - ATAX has only about 100 offices - there are prime territories available all over.

Please shoot me a message if you'd like me to connect you with the CEO of ATAX to chat.

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$HRB gets no love on this thread but has been mooning on 0 news.

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I bought HRB a year ago in january, forgot about it in my roth, and am up 220% on shares

i need to not look at stuff i buy

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I'm up 93% on HRB, the only problem is I only bought 3 shares

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HRB is splitting wigs and taking cheeks

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HRB is up 60% in the past year for some reason. Calls on crappy tax preparers, I guess.

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short RBLX, short HRB

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HRB all bad

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Very little talk about $HRB on this sub, up for the last 7 days in a row. Anyone else think it's due for a rug pull?

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newbie that just did their first rebalance.

VOOG - 41%
META - 18%
HRB - 14%
XPEV - 12%
AMD - 8%
EXC - 4%

Totaling about 100k I had about 20 different stocks previously, a lot of poor performers. Consolidated into a new position in META and added more into VOOG.

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When calling the office leave a message. They should call you back when somebody is scheduled to work (1-2 days per week or by appointment only, assuming your office is open during the off season). After they figure out if your taxes were filed or not and prepare an amended return (if needed), you should complain and request tax prep fees refund (satisfaction guarantee), but it takes a while to receive as its processed via HRB HQ.

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User Report| | | | :--|:--|:--|:-- Total Submissions|52|First Seen In WSB|1 year ago Total Comments|423|Previous DD| Account Age|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) Vote Spam (NEW)|Click to Vote|Vote Approve (NEW)|Click to Vote

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Still good time to short HRB. Trading near ATH after having pumped since post tax-season quarterly results

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Just shorted HRB. At multi-year high since 5/10/22 beat and upward revision to guidance. Thesis is reversion to mean.

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Check HRB. Only -0.8% and almost all time high. My puts are impatient

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Shorting HRB

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Actually my training was almost as much as a college semester for HRB. 3 full days a week for several weeks. Minimum wage is true. But some of us do it because we love it. You can get a more experienced pro by answering yes to every question they ask when scheduling. TBF I hate the company and didn't go back this year till the last 3 weeks of season since they were drowning. My district manager knows I don't give a shit about sales or numbers and if I don't enjoy it, I won't do it. Every district should have at least one EA. A private one may be better but the benefit of grb8 is you can get it reviewed for free usually.

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OLT.com does *all tax forms* and often has them ready before HRB/TT, and it's free for fed, and only $9.95 for state (including efile).

&#x200B;

Freetaxusa.com is the same type of service, except gets forms slower than OLT, and is $15

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INTU gonna blow chunks after hours. Been seeing people talk about H&R Block beating, well HRB actually watched their tax season earnings fall 20% YOY, and they have a P/E of 8. INTU meanwhile has a P/E of 46, so a yoy decline might spell a bloodbath.

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How will Intuit do at earnings? H&R block killed it but their p/e is way less and intuit is way more diversified. You'd thino they'd jump with HRB after their earnings but they tanked with the rest of the market.

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Any thoughts on $INTU earnings coming up? Initially, I thought it’d be pretty bad what with people missing the tax filing deadline in droves, but with $HRB crushing it, now I’m not so sure.

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Any thoughts on $INTU earnings coming up? Initially, I thought it'd be pretty bad what with people missing the tax filing deadline in droves, but with $HRB crushing it, now I'm not so sure.

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Ok. Well the HRB comment was sarcasm, I use an actual tax prep guy that my parents have also been using for years. So far it's been worth it. Will probably be even more worth it in 2023 at this rate.

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80% chance you know more than the HRB person. I’d prepare them yourself on TurboTax. Just know it is a hassle and I’m thinking 80% you or HRB person fills it out incorrectly anyways.

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HRB has 11.6 million shares shorted and up 25% in two days. Time to buy in? Can dinosaurs squeeeeze?

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Yes Hot Stocks: COIN, BIRD dragged down by earnings news; PLBY, HRB rally

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I was an HRB customer for many years, but I hate their (and TT's) upsell and state efile fees. I switched to OLT.com this year after prepping my taxes with HRB/TT/FTUSA/OLT this year to compare all 4 of them, and I will be using OLT.com going forward. Best of luck

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Using tax software is usually the way to go. Something like olt.com is only $9.95 for State efile, or if you like download version HRB deluxe can usually be had for $15 on sale including state

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Your post has been removed because it is a poll, survey, or question that asks others to answer for themselves (rule 1). Posts asking for advice should be specific to your situation, not hypothetical or improbable, and include enough information for people to help.

  • If you would like to post a poll or survey, consider /r/samplesize.
  • If you would like to post an open-ended question not specific to your situation, consider /r/AskReddit.

For example, instead of a post asking "How much do you spend on food?", please ask a question like "I need feedback on my monthly budget (having trouble with food spending).".

If you have questions about this removal, please message the moderators.

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You can definitely paper file your CA return and they are fairly quick to process. Just annoying. I did OLT+FTUSA+HRB+TT this year. Like OLT for the form support, free Amend, 9.95 price, and they actually get the forms ready faster than TT!

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I switched to OLT.com this year (HRB download for the past 10 years, this year tried HRBdownload+TTdownload+FTUSA+OLT), OLT was the winner in terms of supporting the most forms, showing me the raw form data whenever I wanted, cost (only 9.95! Including state efile), no extra charge for Amending, and being "good enough" of a UI.

It is not hard at all to input last year's HRB data into OLT, you just have to remember to do it.

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Amended returns are a little finicky with HRB download version. I hope you saved it. Here are the exact instructions (that I just tested myself) for how to PDF an amended state return:

Open software

Open amended return

Fed->forms->view 1040x->verify you're in the proper tax return with the changes you want

State->forms->view form you want to print->print-> two radio buttons pop up, "print for filing" and "print as shown" <-- you want to print for filing

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If your return says "not for filing" then you are using the wrong button to create your PDF. In HRB you use the "print for filing" button. I've done it, works fine.

https://www.hrblock.com/tax-center/support/software/software-tax-filing/after-filing-software-return/file-amended-tax-return/

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The ones you mentioned are good choices, although I’m not a TSLA true believer. But some others are VZ, DOW (Dow Inc., not the index), HRB for stable stocks with nice dividends. SBSW is a little more volatile, but has a massive dividend (5-10%).

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All my boomer stocks are up today: XOM, CVX, PBR, CNQ, TECK, SAFM, HRB, MFC.

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Hrb software does. TurboTax probably does as well. It might depend on your broker more than anything for those two. I'm sure I imported robinhood trades several years ago, and this year I imported TDA trades.

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I'm biased, but giving my honest personal opinion here, I think this sounds like a bad idea. I'm not optimistic about Databricks long term. They are a data prep company masquerading as a data science company. Nothing wrong with that, but Spark resources are expensive compared with SQL, and they are at risk from all fronts (Cloud providers, Snowflake, AI/ML platform players, etc.). I see their Databricks controlled format "Delta Lake" going nowhere in the face of a far superior Apache Iceberg that has an active community and the backing of well known companies like Netflix, Apple, Adobe, LinkedIn, Expedia, and Stripe. On the ML front, there are fierce competitors like Dataiku, DataRobot, and H2O.ai plus solid solutions from the Cloud providers (SageMaker, Azure ML, Google ML). Look at the current Gartner MQ for ML. Dataiku is better ranked than Databricks. How is Databricks going to advance in ML if they are investing the majority of their R&D budget in trying to fix their 80-90% data prep business? I think there are better opportunities from a pure investment standpoint. Good luck!

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You are right that Roth conversions should not be put on line 7. Your list of how Form 8606 should appear is right. I don't know HRB interface so I don't have suggestions. Keep trying, or use another tax prep.

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Kinda like Singer. The same company that made Singer sewing machines back in the day also had a Defense subsidiary - HRB Singer. They’re now part of Raytheon.

https://en.wikipedia.org/wiki/HRB_Systems

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There you go. I'm not sure how to do this in HRB. Here's how you'd do it in TurboTax:

https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/entering-rsu-information-into-turbo-tax/00/2480514

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You can run the tax software both ways and compare the results to see which may be more beneficial

Not sure if you can do that with HRB if you've already filed, you should be able to start over with a different software and do the comparison there, if you end up deciding that MFS is better then you'd need to wait til your initial return finishes processing before filing an amendment

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Tax accountant here, worked for HRB many years ago. The fee had nothing to do kind of with the size of your refund, it's for the number of forms and the number of transactions (and entries).

Anyone who does charge according to the size of the refund has a vested interest in the refund being the maximum allowed using the most creative interpretations--and then some. Avoid this kind of preparer, period.

I charge my clients more if they have 153 stock transactions than if they have 53 or 35 or 5. It's a question of being paid for my time as well as my expertise.

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I think a lot of people that normally went with the base package when filing taxes are going to have to up it to premium due to the meme trade boom last year. Could be a good earning play for both HRB and INTU.

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Do any of these companies offer auto import of tax documents from brokerages and banks other than TurboTax or HRB? I hate paying the TurboTax “tax” but manually entering everything from a few brokerages and banks seems even worse

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HRB charges by the forms. Some forms cost more than others. More forms mean higher price. You can take out optional forms to reduce price. But that may reduce credits/deductions/refund.

If you're not happy, ask for your documents back. They have a no obligations guarantee. If you get any pushback, ask for a manager, district manager, regional manager, or corporate. They can only charge when you file with them.

Most taxpayers think their situations are simple. But they don't think what it takes to file a "simple" tax return.

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Autozone, BWA, DHI, DRI, GPC, HRB, …….etc have all done well through historically weak “risk off” periods. You may be right in saying many discretionary stocks are to be shorted here, but you need to understand how institutional fund managers manage money, many of them only manage one sector, so for every sector there are managers that will look for stocks within their sector that are more recession resistant or growth oriented than others and will buy them and sell or short the others. If you can identify the stocks within each sector that qualify as those these managers will chose in a bad stock environment, you’ll do well. I’ve managed money for over two decades at large institutions, understanding money flow is probably the most important factor of investing, and this concept is the largest.

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Are there any Forms 8949? I'm starting to think HRB failed to enter your 1099-B.

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Huh, that's interesting that HRB got it wrong.

The correct number of allowances for a single filer with one job (and no other deductions or income) on the last W-4 before the conversion was 2 (A and D on this screenshot of the 2019 W-4 and with joint filers, it was 3 as you add line B). So putting 0 mean you were claiming other income. Since an allowance is worth $4,300 now, that was like saying you had $8,600 (or $12,900) in other income, resulting in more withholding.

You can see this on this screenshot of Publication 15-T -- on the new form, employers subtract $4,300 ×2 (single) or ×3 (MFJ) from employees' annualized wages before computing the withholding amount. And under "How To Treat 2019 and Earlier Forms W-4 as if They Were 2020 or later Forms W-4" those are added back in.

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Not 100% positive because I never checked out on HRB but when I went to remove the $37 state fee it asked something to the effect are you sure you want to delete it you'll have to re-enter everything again if you change your mind. Yes I started with the HRB deluxe but once I started entering in misc income it said I had to upgrade to premium

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Are you sure you cannot use HRB to print out state return to file? Have done that with several states with HRB. Is this cali thing? In any case, there is a print option for HRB to print out a copy of the state or fed return… Why does HRB fed efile also cost money? Always used the deluxe version and that has 5 free efiles per purchase. Is this because it is a premier?

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Are you sure you cannot use HRB to print out state return to file? Have done that with several states with HRB. Is this cali thing? In any case, there is a print option for HRB to print out a copy of the state or fed return… Why does HRB fed efile also cost money? Always used the deluxe version and that has 5 free efiles per purchase. Is this because it is a premier?

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I used to use TT while my wife when we were dating used HRB.

I ended up letting her move me into hers when we married. HRB routinely handled it better than TT could.

Except this year weirdly it had a lot of issues understanding we did not get the monthly child tax credit. Ended up having to remove then re-add our dependents for it to get that we were owed the extra money

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This is too far down.

About ten years ago I used both TurboTax and HR Block after being a TT fan for years. For whatever reason HRB have me a significantly higher return. Maybe some credit or oddity that their software knew about that TT missed I don't know but I switched and never looked back.

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Yes, you need to report the HSA contributions and any withdrawals you took. There are other free or lower-cost filing alternatives if you don’t want to use HRB.

https://www.reddit.com/r/personalfinance/comments/s63hyl/tax_filing_software_megathread_a_comprehensive/

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Your understanding matches mine about what your refund should be. That reported refund amount from HRB seems to not be applying the listed credit amount: $22314 owed minus $23792 paid = -$1478 (so a $1478 refund).

How far through the filing are you? Is this some sort of "summary" at the end just before submitting or do you have more information to input? Can you view your actual 1040 form (even in "preview" form)?

It's possible that the $2800 credit was already incorporated into the dollar amount reported for the "already paid" line item, but also gets listed as a separate thing. This year's CTC is fully refundable, so on the 1040 it gets included in the "total payments" section for lines 25-33. Maybe that led to some mix-up on how the summary is displayed.

The "real" answer likely shows up on the 1040 itself. If you can view the form, see how the numbers on it correspond to what HRB is showing on this summary. As long as the $2800 shows up on line 28, then whatever refund amount is on line 34 is what the IRS will be paying you.

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Just added the Imgur link to the HRB breakdown

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$2800 sounds suspiciously close to the Recovery Rebate Credit (3rd stimulus payment) amount for 2 people. Are you sure that's the correct CTC amount you're eligible for? Can you post a screenshot or breakdown of the summary HRB is showing you?

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