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TurboTax Discounts for the 2025 Tax Season

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Updated on Monday, March 31, 2025: Here’s a look at the current TurboTax 2025 discounts available today (this list is updated on an ongoing basis through the April 15th tax deadline as new deals are released).

Current TurboTax 2025 Discounts

  1. Extra 10% Off TurboTax Online (Federal Products)
    • TurboTax is offering an additional 10% discount on its federal tax preparation software when ordered directly through Intuit’s website. This discount applies to TurboTax federal products only (state filings are excluded) and can be combined with current mid-season pricing. However, it cannot be used in conjunction with other TurboTax offers. Be sure to act fast—this deal ends on April 15, 2025.
  2. TurboTax Free Edition for Simple Returns
    • Taxpayers with straightforward filing needs can take advantage of TurboTax’s Free Edition. This option allows eligible users to file both federal and state taxes at no cost. It’s ideal for simple returns that involve forms like the basic Form 1040 and credits such as the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. Keep in mind that only about 37% of taxpayers qualify for this edition, as it doesn’t support complex filings involving business income, investments, or itemized deductions.
  3. 50% Off QuickBooks Solopreneur Bundle
    • For self-employed individuals and small business owners, TurboTax offers a 50% discount on its QuickBooks Solopreneur Bundle. This package, designed to streamline bookkeeping and tax preparation, is available for $10/month (reduced from $20/month) for the first three months.
  4. Free TurboTax Software for Active Military (E1–E9)
    • Active military members ranked E1 through E9 can file their taxes for free with the TurboTax Freedom Edition. Military members ranked higher than E9 may still qualify for a discounted rate. To claim the offer, users must provide a military W-2 tax form from fiscal year 2024.
  5. Exclusive Discounts Through Financial Institutions
    • TurboTax partners with banks and credit unions to provide special discounts. Members can often access these offers through their financial institution’s online portals under “deals” or “partnerships.” This brings us to one of the most notable partnerships this year: TurboTax’s collaboration with the Credit Union of Texas (CUTX).

TurboTax and the Credit Union of Texas (CUTX) Partnership

For many Credit Union of Texas members, filing taxes has become more manageable thanks to the ongoing partnership between the credit union and TurboTax. This year, CUTX is once again offering its members a 20% discount on TurboTax services. Here’s what you need to know about this valuable benefit.

What Does the CUTX TurboTax Discount Cover?

CUTX members can enjoy savings on several TurboTax products, depending on their tax filing needs:

  • TurboTax Deluxe: Helps filers identify and maximize deductions related to homeownership, medical expenses, and charitable contributions.
  • TurboTax Premier: Perfect for those with investments or rental property income, offering advanced support for capital gains, dividends, and more.
  • TurboTax Self-Employed: Ideal for freelancers, gig workers, and small business owners. It helps track expenses, identify industry-specific deductions, and manage more complex tax scenarios.

To claim the discount, members must access TurboTax through a special link available on the CUTX website or member portal. This seamless process ensures that members get both the discount and TurboTax’s comprehensive features.

Understanding CUTX: A Trusted Partner in Financial Success

CUTX has a long-standing reputation for serving its members with integrity and dedication. Here’s an in-depth look at the credit union’s history, offerings, and role during tax season.

A Brief History of CUTX

The Credit Union of Texas began its journey in 1931 as the Dallas Teachers Credit Union, catering to the financial needs of educators in North Texas. Over time, its membership base expanded beyond teachers, leading to the adoption of its current name. Today, CUTX serves over 150,000 members and manages more than $2 billion in assets.

While its roots are deeply tied to education, CUTX now supports a diverse membership, including individuals who live, work, worship, or attend school in select Texas counties. Immediate family members of existing members are also eligible to join.

Accessibility and Services

CUTX combines the convenience of physical branches with a robust suite of digital tools. While its branches are concentrated in North Texas, members can benefit from:

  • Online Banking: Manage accounts, transfer funds, and pay bills remotely.
  • Mobile App: Features like mobile check deposit and account tracking make banking on the go simple.
  • Shared Branching Network: Members can access services at thousands of partner branches and ATMs across the nation.

CUTX and Tax Season Support

CUTX is more than just a financial institution; it’s a resource hub for members preparing for tax season. Some of its key offerings include:

  1. Tax-Advantaged Accounts
    • IRAs (Traditional and Roth): Contributions to Traditional IRAs may lower taxable income, while Roth IRAs allow for tax-free withdrawals in retirement.
    • Health Savings Accounts (HSAs): Save pre-tax dollars for qualified medical expenses, offering both short-term and long-term tax benefits.
  2. Financial Tools
    • Direct Deposit: CUTX simplifies receiving tax refunds through direct deposit into member accounts.
    • Savings Accounts: Competitive rates on savings accounts make CUTX a great choice for managing refunds or building financial reserves.
  3. Educational Resources
    • Workshops, online calculators, and one-on-one financial counseling sessions help members make informed decisions during tax season.

Benefits of CUTX Membership

As a credit union, CUTX prioritizes its members’ financial well-being. This includes:

  • Lower Fees: Compared to traditional banks, CUTX offers accounts and services with minimal fees.
  • Competitive Rates: Members can enjoy favorable rates on loans, credit cards, and savings accounts.
  • Community Support: CUTX actively invests in local communities through scholarships, charitable donations, and outreach programs.

Navigating Tax Season with CUTX and TurboTax

CUTX’s partnership with TurboTax and its suite of financial tools make it easier to navigate the complexities of tax season. But preparation is key. Here are some tips to ensure a smooth filing process:

  1. Claim the CUTX TurboTax Discount: Don’t miss the 20% savings on TurboTax products.
  2. Organize Early: Gather essential documents like W-2s, 1099s, and receipts to streamline your filing.
  3. Leverage Tax-Advantaged Accounts: Maximize contributions to IRAs and HSAs before the tax deadline.
  4. Understand Deductions and Credits: Research eligible credits like the Child Tax Credit and education-related deductions.
  5. Use E-Filing: Opt for electronic filing to ensure faster processing and quicker refunds.

Final Thoughts

The collaboration between TurboTax and the Credit Union of Texas highlights the value of partnerships in simplifying tax season.  Beyond this partnership, CUTX continues to demonstrate its commitment to member success with its financial services, educational resources, and community engagement. Whether you’re filing a simple return or navigating complex deductions, CUTX provides the tools and support to help you tackle tax season confidently.

TurboTax Discounts for the 2025 Tax Season

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Updated on Monday, March 31, 2025: TurboTax is currently running several last-minute offers from now through the April 15th tax filing deadline aimed at making tax filing a little bit easier and more affordable. Here are the key discounts available today:

  1. Extra 10% Off TurboTax Online
    TurboTax is offering an additional 10% discount on its federal online products for users who file directly through Intuit. This discount applies to federal products only, not state filings, and is available until April 15, 2025. It can be combined with current end-of-season pricing but not with other TurboTax offers.
  2. TurboTax Free Edition for Simple Returns
    For taxpayers with basic tax situations, TurboTax’s Free Edition allows free filing for both federal and state taxes. This edition is ideal for straightforward returns, such as Form 1040 filings, and supports limited credits, including the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. However, only about 37% of taxpayers qualify for the Free Edition since it doesn’t cover more complex scenarios like itemized deductions or business income.
  3. 50% Off QuickBooks Solopreneur Bundle
    Entrepreneurs can take advantage of the QuickBooks Solopreneur Bundle at 50% off for the first three months. This reduces the cost from $20/month to $10/month, providing valuable tools for managing finances.
  4. TurboTax Freedom Edition for Military Members
    Active military members (rank E1 through E9) qualify for free TurboTax software under the Freedom Edition for the 2025 tax season. Higher-ranked military personnel can access additional discounts by providing a military W2 tax form for the 2024 fiscal year.
  5. Partnership Discounts with Financial Institutions
    TurboTax partners with financial institutions and credit unions to offer exclusive discounts. To check for eligibility, members can log into their institution’s online portal and explore available deals under “partnerships” or “discounts.”

The TurboTax and LBS Financial Credit Union Partnership

One of the most significant tax-related perks for LBS Financial members this year is the 20% discount on TurboTax products. This collaboration continues a long-standing tradition of providing members with accessible, affordable financial tools during tax season.

How to Access the Discount

The discount is available for a variety of TurboTax products, catering to different tax filing needs:

  • TurboTax Deluxe: Perfect for maximizing deductions related to homeownership, charitable contributions, and medical expenses.
  • TurboTax Premier: Designed for those managing investment income or rental property taxes.
  • TurboTax Self-Employed: Tailored for gig workers, freelancers, and small business owners with complex tax situations.

To redeem the discount, members simply need to use the link provided by LBS Financial on its website or member portal. The discount is applied automatically, making the process seamless.

A Closer Look at LBS Financial Credit Union

Origins and Growth

LBS Financial Credit Union was established in 1935 during the Great Depression, initially serving employees of the Long Beach Unified School District. Over the years, it expanded its membership base to include a broader community while maintaining its dedication to personalized service and financial empowerment.

Today, LBS Financial serves over 140,000 members across Southern California and manages assets exceeding $2 billion. Despite its growth, the credit union remains committed to its mission of supporting the financial health of its members.

Membership Eligibility

Membership is open to individuals who live, work, worship, or attend school in select Southern California counties. Immediate family members of current members are also eligible to join, creating a network of financial inclusion.

Locations and Accessibility

Headquartered in Westminster, California, LBS Financial operates several branches across Los Angeles and Orange Counties. For members outside this region, the credit union provides extensive digital banking options, including:

  • Online Banking: Account management, fund transfers, and transaction history.
  • Mobile App: Features like mobile check deposit and bill payment.
  • Shared Branching Network: Access to thousands of shared branches and ATMs nationwide.

Tax-Related Services Offered by LBS Financial

Direct Deposit

Members expecting tax refunds can utilize direct deposit for secure and prompt access to their funds.

Tax-Advantaged Accounts

  • IRAs: LBS Financial offers Traditional and Roth IRAs. Traditional IRAs allow tax-deferred contributions, while Roth IRAs enable tax-free withdrawals in retirement.
  • HSAs: Health Savings Accounts let members save pre-tax dollars for qualified medical expenses, reducing taxable income.

Loans and Credit Options

To cover tax-related expenses, LBS Financial provides:

  • Personal Loans: Flexible, unsecured loans at competitive rates.
  • Home Equity Loans/Lines of Credit: Ideal for larger financial needs.

Financial Education

The credit union emphasizes financial literacy, offering workshops, online resources, and one-on-one support to help members make informed decisions during tax season.

Benefits and Drawbacks of LBS Financial Credit Union

Benefits

  • Lower Fees and Better Rates: Credit unions typically offer reduced fees and better rates compared to traditional banks.
  • Profit Sharing: LBS Financial reinvests profits into member benefits, enhancing technology and services.
  • Community Focus: Strong ties to the local community through education and charitable initiatives.

Drawbacks

  • Membership Restrictions: Limited to specific Southern California counties and eligible groups.
  • Regional Focus: Branch locations are concentrated in Southern California, which may inconvenience members outside this area.
  • Technology Limitations: While the digital tools are robust, they may not match the sophistication of larger national banks.

Why TurboTax is a Trusted Tax Solution

TurboTax is known for its ease of use, comprehensive features, and ability to save time. Here are some standout features:

  • User-Friendly Interface: Guides users through the tax filing process step by step.
  • Real-Time Support: Error checks and access to tax experts ensure accurate filings.
  • Flexibility: Products for every tax situation, from simple returns to complex financial setups.

The 20% discount through LBS Financial enhances TurboTax’s affordability, making it an even more valuable tool.

Tips for a Stress-Free Tax Season

  1. Claim Your Discount: Leverage the TurboTax partnership with LBS Financial to save on filing costs.
  2. Organize Early: Collect W-2s, 1099s, and other documents ahead of time.
  3. Maximize Contributions: Add to IRAs or HSAs to reduce taxable income.
  4. Understand Deductions: Research applicable deductions and credits.
  5. File Early: Avoid delays by submitting your return well before the deadline.

Our Final Thoughts

The partnership between TurboTax and LBS Financial Credit Union offers members a valuable opportunity to simplify their tax filing process while saving money. With a 20% discount on TurboTax products, LBS Financial continues to demonstrate its commitment to supporting members’ financial goals.

From its roots as a small credit union for educators to its role as a major financial institution in Southern California, LBS Financial has consistently prioritized member needs. By providing tax-related services, financial education, and exclusive discounts, it remains a trusted partner during tax season and beyond.

Whether you’re navigating a simple return or tackling a complex filing, the resources offered by TurboTax and LBS Financial can make the process more manageable. With a little preparation and the right tools, you can approach the 2025 tax season with confidence.

TurboTax 2025 Discounts: What’s Available This Tax Season

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Updated on Monday, March 31, 2025: Tax season is wrapping up fast, and if you’re using TurboTax to file, now is the time to take advantage of some great discounts. Whether you’re filing simple returns or need more advanced tax support, there are several deals available right now to help you save. Here’s a roundup of the best TurboTax discounts available today:

  1. Extra 10% Off TurboTax Online Versions
    TurboTax users can get an additional 10% discount on federal products when ordering directly through the Intuit website. This savings is applied on top of current end-of-season pricing, but it doesn’t extend to state filing products. The offer cannot be combined with other TurboTax promotions. Offer ends on April 15, 2025.
  2. TurboTax Free Edition for Simple Returns
    For individuals with straightforward tax situations, the Free Edition offers free federal and state tax filing. It’s best suited for simple returns (Form 1040) and supports limited credits, such as the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. However, it only applies to around 37% of taxpayers and doesn’t support more complex tax scenarios like itemized deductions, business income, or investments.
  3. 50% Off QuickBooks Solopreneur Bundle
    Entrepreneurs and freelancers can benefit from the QuickBooks Solopreneur Bundle at half-price for the first three months. This brings the cost down to $10 per month, making it an affordable way to track income and expenses year-round.
  4. Free TurboTax Software for Active-Duty Military (Rank E1–E9)
    Active-duty military personnel ranked E1 through E9 can qualify for free TurboTax Freedom Edition. For higher ranks, a special discount is still available. To access the offer, a military W-2 form for the 2024 fiscal year is required.
  5. Exclusive Partner Discounts Through Banks and Credit Unions
    TurboTax partners with financial institutions, including major banks and credit unions, to offer exclusive discounts. Members are encouraged to check their institution’s online portal under “deals” or “partnerships” to find relevant offers.

Baxter Credit Union and TurboTax: A Partnership That Saves You Money

For the 2025 tax season, Baxter Credit Union (BCU) has renewed its partnership with TurboTax, offering members an exclusive 20% discount on TurboTax products. This collaboration continues a tradition of supporting BCU members by making high-quality tax preparation tools more affordable.

How to Access the Discount

BCU members can take advantage of this discount by logging into the BCU website or mobile app. From there, navigate to the TurboTax promotion link, which will direct you to TurboTax’s website. The 20% discount is automatically applied when selecting any TurboTax product, including:

  • TurboTax Free Edition: Ideal for simple tax returns.
  • TurboTax Deluxe: Tailored for those who want to maximize deductions, such as for homeownership or medical expenses.
  • TurboTax Premier: Designed for individuals with investments or rental income.
  • TurboTax Self-Employed: Best for freelancers, contractors, and small business owners.

This partnership makes tax filing more affordable and accessible for BCU members, whether they have straightforward returns or more complex financial situations.

History and Background of Baxter Credit Union (BCU)

A Strong Foundation

Founded in 1981, Baxter Credit Union (BCU) began as a financial institution serving the employees of Baxter International, a global healthcare company. Over the years, BCU expanded its membership criteria to include not only employees of Baxter but also their families, local communities, and workers in other industries. Today, BCU boasts over 200,000 members across the United States and manages assets exceeding $5 billion.

Membership and Eligibility

BCU’s membership is open to a broad range of individuals, including:

  • Employees or retirees of Baxter International.
  • Family members of current BCU members.
  • Residents, workers, or students in certain eligible communities.

Joining BCU offers access to a wide array of financial products and services designed to meet members’ unique needs.

BCU’s Tax-Related Services: Helping You Navigate Tax Season

As tax season approaches, BCU offers several services that can help members prepare for and manage their tax obligations.

Tax-Advantaged Accounts

BCU provides accounts that allow members to save for the future while enjoying tax benefits:

  1. Individual Retirement Accounts (IRAs): Choose between Traditional IRAs (offering tax-deferred growth) or Roth IRAs (allowing for tax-free withdrawals in retirement).
  2. Health Savings Accounts (HSAs): These accounts provide triple tax benefits: tax-deductible contributions, tax-free earnings, and tax-free withdrawals for qualified medical expenses.
  3. Certificates of Deposit (CDs): While not directly tax-advantaged, BCU’s CDs offer safe investment options with competitive interest rates.

Loans for Tax Liabilities

For members facing unexpected tax bills, BCU offers personal loans with competitive rates. These loans provide a manageable way to address tax obligations without incurring significant financial strain.

Direct Deposit for Tax Refunds

BCU’s direct deposit service ensures tax refunds are received quickly and securely. Simply select direct deposit when filing your taxes, and your refund will be sent directly to your BCU account.

Financial Education and Resources

BCU emphasizes financial literacy, particularly during tax season. Members can access:

  • Workshops: BCU hosts sessions on tax preparation and filing.
  • Online Resources: Tools like tax calculators and articles on maximizing deductions.
  • Financial Counseling: Personalized guidance from financial advisors.

Pros and Cons of Banking with BCU

Benefits

  1. Lower Fees: Credit unions typically charge lower fees than traditional banks, and BCU follows this trend.
  2. Higher Savings Rates: Competitive rates on savings accounts and CDs help members grow their money faster.
  3. Personalized Service: BCU’s member-focused approach ensures tailored financial advice and support.
  4. Exclusive Discounts: Partnerships like the TurboTax offer demonstrate BCU’s commitment to saving members money.
  5. Community-Centric: Profits are reinvested into better rates, services, and community programs.

Drawbacks

  1. Limited Branch Locations: BCU’s physical presence is regional, which can be inconvenient for members living outside its service areas.
  2. Membership Restrictions: While BCU has expanded eligibility, not everyone qualifies.
  3. Technology Gaps: Although BCU offers online and mobile banking, its digital tools may not be as extensive as those of national banks.

Tips for Managing Your Taxes with BCU

If you’re a BCU member gearing up for the 2025 tax season, here’s how to make the most of your resources:

  • Use the TurboTax Discount: Save 20% on TurboTax by accessing it through BCU’s website or app.
  • Organize Your Documents Early: Gather W-2s, 1099s, and any receipts for deductions.
  • Maximize Tax Savings: Consider opening or contributing to an IRA or HSA to reduce taxable income.
  • Ask for Help: Take advantage of BCU’s workshops, tools, and financial advisors for guidance.

Our Final Thoughts

Baxter Credit Union’s 20% TurboTax discount is a valuable benefit for members during tax season. Whether you have a simple return or a complex financial situation, TurboTax can streamline the filing process and help you maximize your refund.

Beyond tax filing, BCU offers a wealth of financial tools, including tax-advantaged accounts, personal loans, and direct deposit services, all designed to make managing your finances easier. While there are some limitations, such as regional branch locations and membership requirements, BCU remains a strong choice for those who qualify.

As tax season progresses, taking full advantage of the resources and discounts available through BCU can make a significant difference. Whether it’s through saving on TurboTax or using BCU’s financial services, you’re well-equipped to handle the 2025 tax season efficiently and effectively.