Compare TurboTax and 1040-com Simple Free - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - TurboTax or 1040-com Simple Free?

1040-com Simple Free is more expensive to implement (TCO) than TurboTax, and TurboTax is rated higher (94/100) than 1040-com Simple Free (62/100). TurboTax offers users more features (4) than 1040-com Simple Free (3). There is a clear winner in this case and it is TurboTax!

Looking for the right Business tax solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Intuit Vs. Drake Enterprises LTD.

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

Drake Enterprises LTD.: Drake Enterprises, Ltd. develops tax preparation software for tax professionals. It offers Tax Software, which includes federal and state forms and schedules; Drake Tax Planner that provides multi-year planning options and scenarios that explore various tax implications related to income adjustments, filing status, dependencies, retirement savings,...

Who is more expensive? TurboTax or 1040-com Simple Free?

The real total cost of ownership (TCO) of Business tax software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for TurboTax and 1040-com Simple Free.

TurboTax price starts at $60 per license , On a scale between 1 to 10 TurboTax State is rated 2, which is much lower than the average cost of Business tax software. 1040-com Simple Free price starts at $25 per license , When comparing 1040-com Simple Free to its competitors, the software is rated 6 - similar to the average Business tax software cost.

Bottom line: 1040-com Simple Free is more expensive than TurboTax.

Which software includes more/better features?

We've compared TurboTax Vs. 1040-com Simple Free based on some of the most important and required Business tax features.

TurboTax: Business Owner / Self Employed, Income Tax Prep, Investment and Rental Property, Payroll/1099.

1040-com Simple Free: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

TurboTax State is suitable for anyone that file tax returns. and 1040-com Simple Free's target customer size include: SMBs.