Updated on Monday, February 17, 2025: If you’re looking to save on TurboTax products this year, here’s a breakdown of the best offers currently available through the end of February, 2025.
1. 20% Off TurboTax Online Versions
TurboTax is offering an additional 20% off all its federal online products when purchased directly through its website. This deal applies to federal tax filings only (state returns are excluded) and can be combined with early-season discounts, potentially saving you up to 40% overall. However, this offer is only available until February 28, 2025, so it’s worth acting fast.
2. Switch to TurboTax and file free!
If you didn’t use TurboTax in 2024, you can now file all tax forms for free using their official mobile app (available for iOS and Android). Just submit by February 28, 2025. Offer available for new customers only. TurboTax Live versions are excluded.
3. TurboTax Will Beat Last Year’s CPA or Tax Preparer Fee
If you paid a CPA or licensed tax preparer for your 2023 taxes, TurboTax Full Service is offering to beat that cost by at least 10%. To take advantage, you must lock in this deal by March 18, 2025, and file your 2024 tax return by March 25, 2025. TurboTax will determine your new price based on either a 10% reduction from last year’s fees or their standard pricing—whichever is lower. You may be required to submit proof of your previous tax prep costs. This offer applies only to TurboTax Full Service for personal tax filings and cannot be stacked with other promotions.
4. 50% Off QuickBooks Solopreneur Bundle
TurboTax is also offering a 50% discount on the QuickBooks Solopreneur Bundle for those who run small businesses or work as independent contractors. For the first three months, the cost drops from $20/month to $10/month, giving freelancers and entrepreneurs access to powerful bookkeeping tools at a reduced rate.
5. Free TurboTax for Active-Duty Military Members
Active-duty military members ranked E1 through E9 can use the TurboTax Freedom Edition to file their federal and state taxes for free. Those ranked higher than E9 still receive a discount but must pay a reduced fee. To access this offer, military members will need to provide a W-2 tax form from the 2024 fiscal year.
6. Discounts Through Financial Institutions
TurboTax frequently partners with banks and credit unions to offer exclusive deals. Customers are encouraged to check their financial institution’s online portal, often under the “deals” or “partnerships” section, to see if a discount is available.
7. TurboTax Free Edition for Simple Returns
For individuals with basic tax situations, TurboTax’s Free Edition provides the option to file both federal and state taxes at no cost. This version is tailored for straightforward returns, such as those using Form 1040, and supports limited credits like the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction.
That said, not everyone qualifies for the Free Edition—only about 37% of taxpayers meet the eligibility criteria. If you’re self-employed, own a business, or need to itemize deductions, you’ll likely need to upgrade to a paid version.
TurboTax Partnership with Franklin Johnstown Federal Credit Union
For the 2025 tax season, members of Franklin Johnstown Federal Credit Union (FJFCU) can enjoy an exclusive 20% discount on TurboTax products. This partnership highlights the credit union’s commitment to supporting its members during tax season by providing access to reliable tax preparation software at reduced prices.
Details of the TurboTax Offer
Franklin Johnstown FCU members can access the TurboTax discount through a special link available on the credit union’s website. The 20% discount applies to all TurboTax online products, including:
- Deluxe: Designed for taxpayers looking to maximize deductions and credits.
- Premier: Tailored for individuals with investments or rental property income.
- Self-Employed: A great choice for freelancers, small business owners, or independent contractors.
This partnership ensures that members receive trusted, cost-effective tax preparation solutions while benefiting from TurboTax’s user-friendly design and extensive support.
Franklin Johnstown Federal Credit Union: History and Financial Services
A Brief History
Franklin Johnstown Federal Credit Union was established in 1948 with the goal of serving the financial needs of employees and families in the Franklin and Johnstown areas of Pennsylvania. Built on the cooperative principle of “people helping people,” FJFCU operates as a not-for-profit institution. This means its profits are reinvested back into the credit union to improve services, lower loan rates, and offer higher returns on savings accounts.
Over the years, FJFCU has expanded its membership eligibility, now serving a larger community while maintaining its dedication to affordable and accessible financial services.
Membership Eligibility and Services
To join FJFCU, individuals must meet certain criteria, such as being employed by or retired from one of the credit union’s partner organizations. Once you become a member, a wide range of financial products and services are available, including:
- Savings Accounts: High-yield savings options, including certificates of deposit (CDs) and Individual Retirement Accounts (IRAs), help members grow their wealth.
- Checking Accounts: FJFCU offers low-cost or fee-free checking accounts with online banking and overdraft protection.
- Loans: Competitive rates are available on auto loans, mortgages, personal loans, and home equity loans.
- Credit Cards: Members can access credit cards with lower interest rates than many traditional banks.
- Financial Education: Resources and workshops are offered to help members improve their financial literacy, covering topics like budgeting, debt management, and retirement planning.
FJFCU and Tax Season: Supporting Members’ Financial Needs
Franklin Johnstown Federal Credit Union plays an important role in helping members navigate tax season by offering resources and services tailored to this critical time of year.
How FJFCU Supports Tax Season Needs
- Tax Refund Direct Deposits: Members can have their tax refunds directly deposited into their FJFCU accounts for faster access.
- Low-Cost Loans: For those who owe taxes or need extra funds, FJFCU provides short-term loans with competitive interest rates.
- TurboTax Discounts: The 20% TurboTax partnership discount is a valuable perk, helping members save on tax preparation services.
- Financial Counseling: FJFCU’s advisors assist members in budgeting their tax refunds and planning for future financial goals.
Benefits of Banking with Franklin Johnstown FCU
FJFCU’s not-for-profit model and community focus offer several key advantages for members:
- Lower Costs: The credit union’s earnings are reinvested into the institution, resulting in lower loan rates, higher savings account yields, and reduced fees.
- Personalized Service: Unlike large banks, FJFCU provides individualized attention, ensuring members receive tailored financial advice and support.
- Community Investment: By supporting local businesses and providing financial education resources, FJFCU strengthens the Franklin and Johnstown communities.
- Tax Season Support: From direct deposit services to tax preparation discounts, FJFCU makes tax season more manageable for its members.
Potential Drawbacks of FJFCU
While Franklin Johnstown Federal Credit Union offers numerous benefits, there are a few limitations to consider:
- Limited Branch Network: Membership is geographically restricted, making it less convenient for members who move outside the service area.
- Fewer Technology Features: Although FJFCU provides online and mobile banking, its technology offerings may not be as advanced as those of national banks.
- Specialized Products: The credit union’s focus on community needs means it may lack some specialized financial products, such as international accounts or sophisticated investment tools.
Our Final Thoughts
Franklin Johnstown Federal Credit Union’s partnership with TurboTax is a valuable resource for members during the 2025 tax season. The 20% discount makes filing taxes more affordable, and TurboTax’s user-friendly platform ensures a smooth experience.
Beyond tax season, FJFCU remains a trusted financial partner, offering personalized service, competitive rates, and a community-oriented approach. While there are some limitations—such as a smaller geographic reach and fewer advanced tech features—the credit union’s benefits far outweigh these drawbacks for most members.
For anyone navigating tax season, the combination of TurboTax’s expertise and FJFCU’s financial services provides the tools needed to file confidently and plan for the year ahead. If you’re a member, take advantage of the TurboTax discount today and explore how Franklin Johnstown FCU can support your financial journey.