1.8
2.6
Overall Score
1040.com has been in business since 1977 under Drake Software, the parent company that builds tax software and business solutions for several companies in the industry. Built by tax professionals, 1040.com makes it easy to file your taxes and get your tax return. The website boasts that 175 people helped build the 1040.com online platform, and more than 21 million tax returns were filed through the website in the last tax season.
Drake Software and 1040.com claim to be tax geeks; many of the company's employees are CPAs and tax lawyers, making it easy for a customer to file their 1040 form online. Dealing with the IRS can get complicated. No matter the tax situation, the 1040.com software will provide step-by-step instructions to help get you the correct tax forms, check for accuracy, and get you the fastest tax refund possible on your state and federal tax return.
Also, for every tax return filed on 1040.com, the company donates $2 to clean water projects.
Recently, 1040.com changed its pricing structure. Although the company removed its free filing option, it now offers a flat-rate model. And it's only $25 to prepare and file both federal and state taxes (plus any applicable sales tax for the federal and state tax returns).
Drake Software's 1040.com tax filing solution is based on its proprietary tax software product. There are many different software solutions, including GruntWorx, that make it easy for users to manage their documents. GruntWorx is a secure cloud-based paradigm that automates the tax preparation process. In the 1040.com platform, clients can transform their preparation and organization of forms through a unique cloud server that stores tax documents securely and safely.
Drake Software also has several webinars and blogs that advise clients on tax prep solutions, the latest IRS reforms, and other trending information in the industry. Drake has also won several awards in the industry, including the CPA Practice Advisor's Readers' Choice Award and First Place in the AICPA Software Survey, which includes Best Software for a new practice.
The company has an abundance of deduction resources on its website. People can go to learn about standard and itemized deductions, as well as different ways one can use deductibles. The helpful information 1040.com provides about deducting state and local taxes is thorough and was written for the benefit of the customer. There are a lot of useful tips in the "Tax Savings Strategies" portion of the site, as well as crucial deductible information for those who are self-employed. Tax preparers may also get an estimated tax refund through the free 1040.com Tax Refund Calculator App.
We found the blog to be particularly helpful. Customers can learn a little bit more about how to include our donations with state and federal tax filings and how to get a receipt stating the "fair market value" of the items donated and not the price paid when they were purchased.
1040.com is also mobile-friendly. This is always a bonus for any company because it makes filing taxes more convenient. The process can be started and completed anywhere you go.
The company offers 1040, 1040A, and 1040EZ forms for basic tax preparation. If you need advanced tax preparation, it also provides forms like the Schedule C for profit or loss in business, the Schedule E for supplemental loss and income, and more.
While it's only $25 to file both your federal and state tax returns, 1040.com does have a few other services that will cost customers extra. Of course, these services are optional and not required.
The company allows customers to decide if they'd like to pay using their refund or by credit/debit card. 1040.com's E-collect does cost an extra $24.95. But it's an excellent alternative for consumers who would rather not use their debit or credit card.
Another optional service that customers may want is Audit Protection. 1040.com does offer a robust Audit Protection service to all its filers through Protection Plus. Protection Plus is a third-party company and some customers may not feel as comfortable having their information shared with a separate company. But once again, this service is entirely optional. If a customer does want to purchase Audit Protection, it will cost them an additional $29.95.
Overall, we would recommend going with another company if you are filing your taxes. We did like the following aspects of 1040.com:
However, customers should be prepared to pay a bit more for extra services such as E-collect and Protection Plus's Audit Protection.
For a single W-2 situation, 1040.com might be a good tax service to use. However, you might find that the website is a little bit cumbersome for larger tax situations. In complicated tax situations, it might be best to use a professional tax preparation service.
Filter by:
Sort by:
Thad Zajac Bloomfield Hills, MI
1 year ago
Jeremy Smith Mooresville, NC
4 years ago
Reply from 1040.com
Feb. 10th, 2020
Claudia Camas, WA
6 years ago
Reply from 1040.com
Jan. 22nd, 2020
Patricia Parrent Buffalo, NY
6 years ago
Reply from 1040.com
Jan. 27th, 2020
Josephine
7 months ago
William Burden ,
4 years ago
john d
7 months ago
Steps Bythe #'s GA
9 months ago
Dani Smithers Roseburg, OR
2 years ago
Fred Smithfield, VA
3 years ago
Rebecca Pattillo Austin, TX
4 years ago
Reply from 1040.com
Feb. 4th, 2020
Estate Nashville, TN
5 years ago
Reply from 1040.com
Jan. 22nd, 2020
Rose Buffalo, NY
6 years ago
Reply from 1040.com
Jan. 27th, 2020
Shane Newell Colorado Springs, CO
6 years ago
Reply from 1040.com
Jan. 27th, 2020
Victor pena Chula Vista, CA
8 years ago
Jan T Troy, NY
9 months ago
Chris Nagorski Rochester, NY
9 months ago
Lisa Schwarzkopf Indianapolis, IN
2 years ago
Ben Gausepohl Dallas, TX
3 years ago
John Sandstrom Two Harbors, MN
3 years ago
Taxpayer Wilson ,
4 years ago
Nick La Grande, OR
5 years ago
Reply from 1040.com
Jan. 22nd, 2020
Leanette Grand Rapids, MI
6 years ago
Reply from 1040.com
Jan. 27th, 2020
Nathan Krauss
7 years ago
Reply from 1040.com
Jan. 27th, 2020
Elvira Tootsie
7 years ago
Reply from 1040.com
Jan. 23rd, 2020
Alexis Chicago, IL
7 years ago
Reply from 1040.com
Jan. 23rd, 2020
Nicki Dawson Matthews, NC
8 years ago
Carl Boyd Chicago, IL
8 years ago
shannon unruh Albuquerque, NM
8 years ago
Amara Ashley Newport, TN
4 years ago
Reply from 1040.com
Feb. 4th, 2020
Michael Foley Chicago, IL
5 years ago
Reply from 1040.com
Apr. 18th, 2019
Sid mounedji Orlando, FL
5 years ago
Reply from 1040.com
Jan. 22nd, 2020
Shelby M
6 years ago
Reply from 1040.com
Jan. 22nd, 2020
Pat Dunellen, NJ
6 years ago
Reply from 1040.com
Jan. 27th, 2020
JLizKernan
7 years ago
Reply from 1040.com
Jan. 23rd, 2020
Bob Glob
8 years ago
Jeff Martin Layton, UT
6 years ago
Reply from 1040.com
Jan. 22nd, 2020
Ms. Jay ,
4 years ago
Reply from 1040.com
Mar. 9th, 2020
Daniel Ward Meridian, MS
6 years ago
Reply from 1040.com
Jan. 27th, 2020
Angelo Villafane Eugene, OR
8 years ago
draper Kellogg, IA
5 years ago
Reply from 1040.com
Jan. 22nd, 2020
Ryan Gaston Northfield, OH
7 years ago
Reply from 1040.com
Jan. 27th, 2020
Kimberly Romanesky Tenoever Durham, NC
7 years ago
Reply from 1040.com
Jan. 23rd, 2020
Evan Gilbert, AZ
8 years ago
Mike Vincent Orange Park, FL
8 years ago
Dave Gealekman Derby, CT
9 years ago
Review Source
tamika bowles Fort Worth, TX
2 years ago Edited February 8, 2022
We're on a mission to empower consumers to make the best decisions and connect confidently with companies that deserve their business.
© 2024 BestCompany.com LLC - All rights reserved Privacy Policy | Terms | Do Not Sell My Personal Information