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SPECIFICTION
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1040NOW vs CloudTax

1040NOW

1040now.net

CloudTax

cloudtax.ca

Side by side

Figure1040NOWCloudTax
Price from$24.95/mo$3.25/mo
Free planYesYes
Free trial——
Open source——
WebYes—
iOS—Yes
Android—Yes
Plans published314
Spec score · Tax Software7.5 (#102)9.2 (#4)
Spec score · Personal Tax Software7.4 (#97)9.1 (#5)
Audit supportNoPlus and Pro include Audit Protection; Free users can purchase Audit Support as an add-on.
Free planYesYes
HeadquartersPhiladelphia, Pennsylvania, United StatesToronto, Ontario, Canada
Investment incomeYesYes
Mobile accessweb_onlyweb_and_mobile
Rental incomeYesYes
Self-employment supportYesYes
State filingpaid_add_onincluded

Plans

1040NOW

  • Free preparationFree
  • Federal electronic filing$29.95 a month
  • State filing$24.95 a month

1040NOW pricing →

CloudTax

  • CloudTax FreeFree
  • CloudTax Plus$39 a year
  • Review & File Basic$75 a month
  • Review & File Premium$125 a month
  • Review & File Business$149 a month
  • Done For You Basic$99 a month
  • Done For You Premium$249 a month
  • Done For You Business$349 a month
  • Basic Done For YouPrice not published
  • Basic ReviewPrice not published

CloudTax pricing →

In their own words

1040NOW

1040NOW has no write-up on Specifiction yet; its figures are above.

Visit 1040now.net

CloudTax

CloudTax is tax-filing software from CloudTax Inc., based in Toronto, Ontario. It supports self-guided filing and options with review or preparation, and completed returns are submitted to the CRA through NETFILE. The Free plan supports simple tax situations and up to two returns; users can choose to pay even $0. Plus costs $39 a year and allows up to 20 returns from one dashboard. The software supports self-employment, investment, and rental income. It can import CRA slips, use AI to extract details from scanned or uploaded tax documents, and connect with Koinly crypto taxes and CloudReceipts. CloudReceipts captures, categorizes, and manages receipts and syncs expenses for deductions. CloudTax is available on iOS and Android, with web and mobile access. Tax data is encrypted on its servers, and CloudTax says it shares information only with the CRA when the user submits a return through NETFILE. Support options include live chat, email, video tutorials, and tax experts. CloudTax has been CRA-certified since the 2018 tax year.

Visit cloudtax.ca