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1040kit vs Affordable MTD

A side-by-side comparison built from both listings. Blank cells mean the company has not given that detail; we never guess.

1040kit compared with Affordable MTD
Detail1040kit logo 1040kitAffordable MTD logo Affordable MTD
What it doesFree AI tax software that reads your W-2 and 1099 forms, finds deductions you'd miss, and prepares your federal return Simple Making Tax Digital software for sole traders and landlords
StageNot given Startup
FoundedNot given 2026
Based inUS GB
Pricing modelFree Freemium
PricingNot given Free for the entire 2026-27 tax year (6 April 2026 to 5 April 2027). From 2027-28 onwards: £19.99 per year. No VAT currently added, no per-submission fees, no tiers.
Key features
  • Automatic deduction discovery from bank and card statements
  • Home office and business mileage deductions
  • Qualified business income deduction calculation
  • Self-employed health insurance deduction
  • Documents remain on your computer
  • IRS rule citations for every line item
  • E-file free with IRS Free File Fillable Forms
  • Line-by-line calculation transparency
  • Quarterly updates for self-employment income
  • Quarterly updates for UK property income including residential finance costs
  • CSV and Excel import with column mapping
  • AI categorisation of transactions into HMRC categories
  • AI pre-submission review to catch errors before HMRC
  • Standard or calendar quarters, chosen per tax year
  • Annual adjustments and final declaration
  • HMRC Assist feedback shown with tax estimate
  • Audit-ready records with timestamps and references
  • Consolidated expenses support for turnover under £90,000
What makes it different
  • Finds deductions automatically in bank and card statements, not available in traditional tax software
  • All documents and returns stored locally on your computer with no cloud storage
  • Free with no paid upgrade tiers to unlock deductions
  • Completely transparent calculations with IRS rule citations for every line
  • No lengthy interview process required
  • Simplest MTD software, built specifically for sole traders and landlords
  • No banking, VAT, invoicing or payroll - just the tax bit
  • AI automatically sorts expenses into HMRC categories
Community votes00
DR (Domain Rating by Ahrefs)Not checked yet no change since last check5 +1 (up) since last check
Trust Flow (Majestic)00
Citation Flow (Majestic)020
Referring domains (Majestic)013

5 details filled in for both companies.

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