H&R Block Responds to Inaccurate Media Report Regarding TaxCut(R) Software And Rate Reduction Credit
At issue is taxpayer confusion regarding the rebate check received last year and its effect on their 2001 return.
The rebate check will neither reduce a taxpayer's refund nor increase the tax liability on his/her 2001 return. The amount of the rebate check received must be taken into account to determine if the taxpayer is eligible for a Rate Reduction Credit. This information must be provided whether the taxpayer is preparing his/her own tax return or working with a tax professional.
In addition, software used in H&R Block's more than 9,000 offices nationwide is also accurately calculating the Rate Reduction Credit.
SOURCE H&R Block
Tom Linafelt, +1-816-932-8418, email@example.com , or Denise Sposato, +1-816-932-4909, firstname.lastname@example.org , both of H&R Block URL: http://www.hrblock.com
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