1040Now
1040Now is a privately-held online tax preparation and electronic filing platform serving individual U.S. taxpayers. The company participates in the IRS Free File program, offering free federal tax filing to eligible taxpayers with adjusted gross income of $89,000 or less.
- Company typePrivate
- Founded2003
- HeadquartersPhiladelphia, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
1040Now firmographics
Firmographics- Name
- 1040Now
- Legal name
- 1040Now
- Website
- https://1040now.net
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- 1040Now is a privately-held online tax preparation and electronic filing platform serving individual U.S. taxpayers. The company participates in the IRS Free File program, offering free federal tax filing to eligible taxpayers with adjusted gross income of $89,000 or less.
- Ownership category
- akta.pro rank
1040Now industry classification
Industry- Product category
- Tax Preparation Software
- NAICS
- Tax Preparation Services (541213)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Tax Return Filing, Processing & Assessment (BPAIADAC)
- akta.pro secondary industries
- Revenue Systems, E-Filing & Digital Tax Administration (BPAIADAO), Taxpayer Services, Education & Outreach (BPAIADAM)
Keywords
Where 1040Now is headquartered
LocationHeadquarters
- HQ city
- Philadelphia
- HQ country
- United States
- HQ region
- North America
Markets served
1040Now business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- IRS Free File Program Participation: 1040Now participates in the IRS Free File program, offering free federal tax preparation to eligible taxpayers with adjusted gross income of $89,000 or less. Revenue is generated through volume-based arrangements with the IRS program partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Annual | Free tax preparation for eligible taxpayers |
Go-to-market motion1 record
Distribution channels1 record
1040Now product offering
Product offeringCore offering
1040Now provides a free online tax preparation and electronic filing service that enables individual taxpayers to prepare and submit their federal tax returns electronically. The platform is offered at no cost through participation in the IRS Free File program for taxpayers with adjusted gross income of $89,000 or less.
Differentiator
Problem solved
Functional benefit
Products and services
- 1040Now Online Tax Preparation and E-Filing Free online tax preparation and electronic filing service that enables individual taxpayers to prepare and electronically submit their federal tax returns at no cost through the IRS Free File program (for taxpayers with adjusted gross income of $89,000 or less).
Companies that use 1040Now
Customer profileSegments1 record
Ideal customer profiles1 record
1040Now technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
1040Now partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IRS Free File Programcore1040Now operates as a partner company within the IRS Free File program, offering guided tax preparation to eligible taxpayers. The IRS Free File program is an initiative that provides free commercial tax preparation software to taxpayers with adjusted gross income of $89,000 or less.
1040Now competitors and assessment
Company assessmentDirect peers
- TaxAct: TaxAct offers free federal tax filing through the IRS Free File program and as a standalone product. Comparable to 1040Now in core offering, with broader feature set and additional paid tiers.
- TaxSlayer: TaxSlayer is an IRS Free File program partner that offers free federal tax preparation and e-filing to eligible taxpayers. Directly comparable to 1040Now in product, channel, and pricing model, though somewhat larger in scale.
- eFile.com: eFile.com is an IRS Free File partner providing free online federal tax preparation and electronic filing. Directly comparable to 1040Now on distribution channel, target segment, and pricing structure.
- 1040.com (TaxHawk): 1040.com is operated by TaxHawk and is an IRS Free File partner focused on free federal tax preparation for individual filers. Directly comparable to 1040Now in product, branding angle, and target customer.
- FreeTaxUSA: FreeTaxUSA is a longstanding IRS Free File partner offering free federal tax preparation to low/middle-income filers. It is the closest structural analogue to 1040Now — same distribution channel, same freemium model, same target segment.
Broad incumbents
- H&R Block: H&R Block is a major tax preparation provider combining DIY online software with assisted retail filing. Operates an IRS Free File product and competes broadly with 1040Now for individual filers.
- TurboTax (Intuit): TurboTax is the largest consumer tax preparation brand in the US, owned by Intuit, offering free federal filing for simple returns and a broad tiered paid product portfolio. A broader incumbent competing in the same end market via IRS Free File and direct free offerings.
Emerging players
- ezTaxReturn: ezTaxReturn is an IRS Free File partner offering free online federal tax preparation with paid state options. Comparable to 1040Now on the free federal core, with a slightly different mix of paid add-ons.
Market position
Customer concentration
1040Now social profiles
Digital presence1040Now financial estimates
Financial estimateRevenue estimate
Valuation estimate
1040Now leadership team
Management profileNumber of profiles
1040Now funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
1040Now M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 1040Now
What does 1040Now do?
1040Now provides a free online tax preparation and electronic filing service that enables individual taxpayers to prepare and submit their federal tax returns electronically. The platform is offered at no cost through participation in the IRS Free File program for taxpayers with adjusted gross income of $89,000 or less.
Is 1040Now a public or private company?
1040Now is a private company. It is classified as unknown and is currently operating.
When was 1040Now founded?
1040Now was founded in 2003. It employs 1 to 10 people.
Where is 1040Now based?
1040Now is headquartered in Philadelphia, United States, in the North America region.
How does 1040Now make money?
One revenue line is on record: IRS Free File Program Participation.
Who are 1040Now's main competitors?
Direct peers on record are TaxAct, TaxSlayer, eFile.com, 1040.com (TaxHawk) and FreeTaxUSA. Broad incumbents are H&R Block and TurboTax (Intuit). ezTaxReturn is listed as an emerging player.
Does 1040Now have an API?
No public API is recorded for 1040Now.
What industry is 1040Now in?
1040Now's product category is Tax Preparation Software. Its primary akta.pro industry code is BPAIADAC, Tax Return Filing, Processing & Assessment, with a secondary code of BPAIADAO, Revenue Systems, E-Filing & Digital Tax Administration. Its NAICS code is 541213 and its SIC code is 7370.