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posted 48 years ago by
vegas4x4
Senior Member

Looks like H&R Block tax software will again be offering a 10% bonus if you accept a portion of your refund in gift cards. 10% bonus on the deluxe or better edition, 5% bonus on the basic edition. This is on the download software version. I don't know if it will apply for the web version.

Last year you could redeem for AmazonREI, Groupon, Home Depot, Best Buy, and there were a few others as well. The max towards gift cards was a $5,000 refund which netted you $5500 in gift cards. One thing I liked, you could dole out the refund into gift cards as you wanted it. I just redeemed the last of my 2015 refund in gift cards a few weeks ago. As I needed to purchase things, I would then get the necessary amount of gift cards for whatever retailer.

10% gift card bonus plus REI 20% off coupon plus cash back portal netted me a nice discount on some outdoor gear.

You can submit a 1040-ES estimated tax payment now if you want to inflate your refund and get additional gift card bonus dollars.

https://www.amazon.com/gp/product/B01MDO3TEG 

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For what it is worth, I made the switch from TurboTax to H&R Block last year to chase the Amazon bonus, and I had no problem importing my old return data to the new return. At least, no problem that I observed, and no problem that resulted in an audit. I don't recall how I felt about filling out the return but a year later and I don't have any negative memories so it couldn't have been that bad.

I have a lot of investments, wind up paying the AMT and get the mortgage deduction. This year I don't believe I will get a refund due to some capital gains that I took -- but I will still get the software as it is not terribly expensive, and worked well enough -- plus, who knows, maybe I will get a refund after all.



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