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H&R Block 2015 Tax Filing Software

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H&R Block 2015 Tax Software

If you're looking for great software at a fair price, then HR Block 2015 Software is probably the right software for you.

It will help you get your taxes done quickly, easily and accurately. Plus it will make sure your getting all deductions and credits you can qualify for. Chances are it will pay for itself finding bonus deductions you've missed in the past.

HR Block 2015 Online Federal, State and E-file products this year include a New FREE Edition for filing simple returns and it includes Free Efile too.

This years products include:

FREE Edition

Basic + E-file

Premium + Efile

Home + Business

H&R Block Online

HR Block Software

FREE Tax Estimator

H&R Block, is one of the most well known and well liked organizations and software programs on the planet. Millions of people have learned to trust their professionals, and they return every year.

The nice thing about going on line to prepare your return with HR Block 2015 Online is that you can do it anytime and at your pace. Do it all in one sitting or come back for a few minutes here and there until you complete your return. If something doesn't look right the software will automatically flag it and give you tips on making sure it's correct. That can save you from major hassles with the IRS down the road.

Due to the economic recession, there were not a lot of changes to the provisions in 2015.

Social Security and Medicare
Medicare will remain the same at 1.45% while Social Security remains at 6.20%. The wage limit, or Social Security maximum, remains at $106,800. The Cost of Living Adjustment (COLA) was 0.0% - a reflection of the slow growth experienced by the U.S. economy.

Standard Deductions in 2015
In 2015, there was only one change to the standard deductions - the head of household standard deduction went up by $50. All other taxpayers remained the same. Standard deductions that apply in 2015 include:

  • Single - $5,700
  • Married filing separately - $5,700
  • Head of household - $8,400
  • Married taxpayers filing jointly / qualifying widow(er)s - $11,400

Exemption Values
The amount you can deduct for each exemption you claim on your federal income in 2015 did not increase from $3,650.

Mileage Deduction Rates deductable with H&R Block 2015

It's less expensive to drive a car in 2015. That means the standard mileage deduction rates are decreasing. The following table outlines the mileage deduction rates for the year 2015:

Mileage Deduction Rates 2015

Category Rate
Business Miles 50.0 cents per mile
Charitable Services 14.0 cents per mile
Medical Travel 16.5 cents per mile

Increases to the Earned Income Credit that adjust with HR Block for 2015

The earned income credit applies to working filers that have earned income that falls below certain thresholds. The qualification threshold depends on the number of persons in each family.

The thresholds are

  • No Children - earnings must be less than $13,460 or $18,470 if married filing jointly.

  • One Child - earnings must be less than $35,535 or $40,545 if married filing jointly.

  • Two Children - earnings must be less than $40,363 or $45,373 if married filing jointly.

  • Three or More Children - earnings must be less than $43,352 or $48,362 if married filing jointly.

If you're looking for a inexpensive way to get your return done, then you might want to consider the 2015 edition from H&R Block. It is no doubt the biggest competitor to TurboTax and it has the same user friendliness but it comes with a more reasonable price tag. Another great thing about H&R Block is that you can always find a local office nearby if you would like to just drop off your papers and let the professionals take care of it for you.

Explore our site and use it to your benefit, were glad to help, Enjoy!

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