Updated on Monday, March 31, 2025: It’s that time of the year again where we need to put together our tax forms from 2024 and start filing our returns. If you’re like me and use TurboTax, here are all the top discounts available today, including those offered by major banks and credit unions, to help you save on their software:

1) Extra 10% Off TurboTax Online Versions
TurboTax is offering an additional 10% discount on all Online versions of its software, including Basic, Deluxe, Premier, and Self-Employed. This discount applies to federal tax products only and excludes state filings. The savings can be combined with current end-of-season pricing on all do-it-yourself Online, Full-Service “Live” and Assisted versions. However, the offer cannot be combined with any other TurboTax promotions, coupons or service codes. The deal is valid until tax day itself on April 15, 2025.

2) TurboTax Freedom Edition for Military Members
Active-duty military members ranked E1 through E9 can take advantage of the TurboTax Freedom Edition, which allows them to file their taxes for free during the 2025 tax season. Higher-ranking service members are not eligible for the free version but can still access a significant discount. To qualify, applicants must provide a military W-2 form from fiscal year 2024. This program is a great resource for those serving in the armed forces.

3) Partnership Discounts with Financial Institutions
TurboTax has partnerships with various financial institutions and credit unions across the United States to offer exclusive discounts to their customers. That incudes major companies such as Bank of America, U.S. Bank, AAA, BECU, Fidelity Investments, and GreenState (unfortunately, PNC Bank appears to not be participating in any partner offer this year, see details below). To access these deals, check your financial institution’s online portal under sections like “deals” or “partnerships.” Availability and terms vary, so it’s worth exploring what’s offered through your bank or credit union.

4) TurboTax Free Edition for Simple Returns
For taxpayers with basic filing needs, TurboTax Free Edition offers a no-cost option for filing both federal and state returns. It’s ideal for straightforward situations, such as Form 1040 filings, and supports limited credits, including the Earned Income Tax Credit (EITC), the Child Tax Credit, and the Student Loan Interest Deduction. However, only about 37% of taxpayers qualify for this edition, as it does not cover more complex filings like business income, itemized deductions, or investments. If you’re eligible, this option provides an efficient and affordable way to file taxes.

TurboTax and PNC Bank: No Discount for 2025

It appears that TurboTax is no longer offering a discount to PNC Bank customers, breaking a trend from previous years (at lest we can’t find any deals). Previously, PNC Bank customers could access savings on TurboTax federal tax products through their online banking portal. Unfortunately, this partnership has not been renewed for the 2025 tax season. While this may be disappointing for PNC customers, there are other discounts and promotions available directly through TurboTax and its partner institutions.

PNC Bank: History, Features, and Tax-Season Resources

Background and History
PNC Bank, one of the largest financial institutions in the United States, was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania. The bank serves millions of customers across its retail, corporate, and asset management divisions. With over 2,600 branches and more than 60,000 ATMs nationwide, PNC Bank provides extensive access to financial services. Its offerings range from personal banking and credit products to wealth management and business solutions.

How to Open an Account
Opening an account with PNC Bank can be done online or by visiting a local branch. To get started, you’ll need to provide personal identification, proof of address, and an initial deposit, which varies depending on the type of account. PNC offers a range of accounts, including standard checking, savings, and specialized options like its Virtual Wallet, which combines checking, savings, and money management tools into one integrated product.

Virtual Wallet by PNC
PNC’s Virtual Wallet is a unique offering that combines multiple financial tools to help customers manage their money effectively. It includes a Spend account for daily transactions, a Reserve account for short-term savings, and a Growth account for long-term goals. The Virtual Wallet also provides budgeting tools, calendar views for upcoming bills, and automatic savings features. These tools can be particularly helpful during tax season, as they allow customers to track their finances more efficiently.

Accessing Tax Documents Through PNC
PNC customers can access tax-related documents, such as 1099 forms, through the bank’s online banking platform or mobile app. These documents are typically available by January 31, 2025, aligning with IRS deadlines. To retrieve them:

• Online Banking: Log in to your account, navigate to the “Documents” section, and select the type of form you need. You can also use the search feature for older records.
• Mobile App: Open the app, select “Statements and Documents,” and choose the relevant account and document type. The app’s search functionality makes finding specific forms straightforward.

These tools make it easy to gather the information needed for tax filing.

Key Tax Deadlines for 2025
Planning ahead can reduce stress during tax season. Here are the key dates to keep in mind:

• January 31, 2025: Employers and financial institutions must mail W-2 and 1099 forms.
• April 15, 2025: Deadline for individual tax returns and contributions to IRA or HSA accounts for the 2024 tax year.
• June 15, 2025: Filing deadline for U.S. citizens living abroad.
• October 16, 2025: Extended filing deadline for those with approved extensions.

Benefits of PNC Bank
PNC Bank offers several advantages, including a wide range of account options, extensive branch and ATM access, and digital tools like the Virtual Wallet. Its focus on innovation and customer service has made it a reliable choice for many. Additionally, the bank’s online and mobile platforms simplify tasks like retrieving tax documents or managing finances during tax season.

Drawbacks of PNC Bank
Despite its strengths, PNC Bank has some drawbacks. Fees for certain accounts and services can be higher compared to online-only banks or smaller credit unions. Additionally, some customers may find that its physical branches are less accessible in certain regions. It’s worth comparing PNC’s offerings with other financial institutions to determine the best fit for your needs.

Tax Filing and Financial Tools

PNC Bank’s digital resources and account options can be helpful during tax season. Whether you’re tracking income and expenses through Virtual Wallet or accessing your tax forms online, the bank provides tools to streamline the process. While the lack of a TurboTax discount in 2025 may be inconvenient, PNC customers still have access to competitive financial services and resources to navigate tax season effectively.

Updated on Monday, March 31, 2025: It’s time of the year again we need to soon file our tax returns for last year’s earnings. If you typically use TurboTax or are considering trying out their software for the first time, here’s a look at all of their current deals available through the April 15th deadline:

1) Get An Extra 10% off on TurboTax Online
TurboTax is offering an additional 10% discount on federal products purchased directly through Intuit. This deal applies exclusively to TurboTax Online versions and federal tax products, not state returns. The savings can be combined with current end-of-season pricing, however, cannot be used alongside any other TurboTax discount and must be used by April 15, 2025.

2) TurboTax Freedom Edition for Military Members
TurboTax continues to support active-duty military members (ranks E1 through E9) by providing free access to its software for the 2025 tax season. Higher-ranking members can still access a significant discount, but the Freedom Edition is no longer free for them. To qualify, you’ll need to provide a military W-2 form from the 2024 fiscal year. This program is a valuable resource for those serving in the armed forces.

3) Partner Discounts with Banks and Credit Unions
TurboTax frequently collaborates with financial institutions to provide exclusive deals. These offers are often accessible through the online portals of participating banks or credit unions, typically under sections like “deals” or “partnerships.” Check with your financial institution, such as Bank of America, AAA, BECU or Fidelity Investments  to see if you’re eligible for additional savings.

4) TurboTax Free Edition for Simple Returns
For those with uncomplicated tax situations, the TurboTax Free Edition allows you to file both federal and state taxes at no cost. This option is designed for straightforward returns, such as Form 1040 filings, and supports limited credits like the Earned Income Tax Credit (EITC), the Child Tax Credit, and the Student Loan Interest Deduction. Unfortunately, only about 37% of taxpayers qualify for the Free Edition, as it does not cover more complex filings, such as those involving business income, itemized deductions, or investments. If you qualify, it’s a practical way to save on filing costs.

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TurboTax Discounts for U.S. Bank Customers in 2025

If you’re a U.S. Bank customer, you’re in luck—TurboTax is continuing its tradition of offering a 20% discount on federal tax products. To access the savings, log in to your U.S. Bank online account and follow the link provided. Note that this deal applies only to federal products, not state filings. Terms and conditions apply, and the offer cannot be combined with other promotions. Pricing and features may change, so check your account for the most up-to-date details.

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U.S. Bank: Overview and Tax-Season Resources

Background and History
U.S. Bank, headquartered in Minneapolis, Minnesota, is the fifth-largest commercial bank in the United States. With over 3,000 branches nationwide, the bank offers a broad range of financial services, including personal banking, loans, and investment options. Established in 1863, U.S. Bank has grown to become a reliable financial partner for millions of Americans. Its services cater to individuals, small businesses, and corporations, making it a versatile institution for diverse financial needs.

How to Sign Up for U.S. Bank
Opening an account with U.S. Bank is straightforward. You can visit a local branch or complete the process online through their website. To get started, you’ll need personal identification, proof of address, and an initial deposit, which varies depending on the type of account you’re opening. Once your account is set up, you gain access to various features, including online and mobile banking.

Tax Documents for U.S. Bank Customers
If you’re a U.S. Bank customer, accessing your tax documents is a simple process. The bank provides digital access to important forms like 1098 and 1099 statements. These forms are available through the online banking portal or mobile app:

• Online Banking Steps: Log in, select “My Documents,” and choose the type of document you need. You can view recent documents or search for older ones.
• Mobile App Steps: Open the main menu, choose “Statements & Docs,” and select the account and document type you wish to review. Use the search function for easy navigation.

These features are especially helpful during tax season, as they ensure you have quick access to the paperwork needed for filing.

Key Dates for the 2025 Tax Season
Staying organized is critical during tax season. Here are some important deadlines to remember:

• January 31, 2025: Deadline for employers to mail W-2 forms and for financial institutions to send 1099 forms.
• April 15, 2025: Deadline for individual tax returns and contributions to IRA or HSA accounts for the 2024 tax year.
• June 15, 2025: Filing deadline for U.S. citizens living abroad.
• October 16, 2025: Extended filing deadline for those who requested an extension.

Documents You’ll Need to File
Gathering the right documents can make the filing process smoother. Here’s a checklist of what you might need:

• W-2 Forms: Shows tax withheld from your paycheck.
• 1099 Forms: Covers additional income sources like interest, investments, or real estate sales.
• 1098 Forms: Tracks interest payments on loans, such as mortgages or student loans.
• Form 5498: Documents IRA contributions.
• Form 1095-A: Proves enrollment in health insurance coverage.

Benefits and Drawbacks of U.S. Bank
U.S. Bank offers several advantages, including a robust online banking platform, widespread branch locations, and a variety of account options. Additionally, its partnership with TurboTax provides customers with valuable tax-season discounts. However, some customers may find its fees higher than those of smaller credit unions or online-only banks. It’s worth comparing options to see if U.S. Bank aligns with your financial needs.

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Additional Tax Resources

If you need help filing your taxes, free resources are available. The IRS offers programs like Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE). These services are designed for those who earn less than $58,000 annually, have disabilities, or face language barriers. They provide in-person assistance to ensure accurate filings.

For those managing taxes independently, the IRS website offers a range of tools to help you file and track your return. Whether you need forms, calculators, or step-by-step guides, these resources can simplify the process.

Updated on Monday, March 31, 2025: It’s once again that time of the year to file our tax returns (there’s not that much time left!). If you typically use TurboTax or are considering trying them out for the first time, here’s a look at all of their current deals available through April 15th:

1) Extra 10% Off TurboTax Online Versions

TurboTax is currently offering an additional 10% instant discount for all of its Online versions when purchased directly through Intuit. This applies to federal products only, excluding any extra state tax fee (if needed). This promotion cannot be combined with other offers and is valid until the April 15, 2025 tax filing deadline.

2) TurboTax Freedom Edition for Active Military

Active-duty military personnel ranked E1 through E9 qualify for free TurboTax software through the Freedom Edition. For higher-ranking members, the software is no longer free but does include additional discounts. To use this offer, military personnel must provide a military W-2 tax form from any fiscal year 2024.

3) Partner Discounts with Financial Institutions

TurboTax collaborates with various financial institutions, including banks and credit unions, to provide exclusive discounts to their members. That incudes major companies such as Bank of America, PenFed, AAA, BECU, Fidelity Investments, and Global Credit Union. To take advantage of these offers, users should check their bank or credit union’s online portal under sections like “Deals” or “Partnerships.” While specific discounts may vary, this approach can unlock additional savings on TurboTax products.

4) TurboTax Free Edition for Simple Returns

For those with basic tax needs, TurboTax’s Free Edition is available to file federal and state taxes at no cost. This option caters to straightforward tax returns, including filings that involve Form 1040. Limited credits such as the Earned Income Tax Credit (EITC), Child Tax Credit, and the Student Loan Interest Deduction are supported. However, this service is not available for taxpayers with more complex situations, such as those requiring itemized deductions, reporting investment income, or managing business-related taxes. Approximately 37% of taxpayers qualify for this edition, making it a solid choice for eligible filers.

TurboTax and GreenState Credit Union

Unlike previous years, GreenState Credit Union is not offering its members a TurboTax discount for the 2025 tax season (at least, we can’t find it anywhere). This change marks a departure from past partnerships that provided members with exclusive savings on federal tax products. While GreenState members have often enjoyed such benefits in previous tax seasons, they’ll need to explore other avenues for discounts this year. For instance, checking other financial institutions or leveraging public TurboTax promotions could help offset the cost.

About GreenState Credit Union

History and Background

GreenState Credit Union, originally founded in 1938 as the University of Iowa Community Credit Union, has grown into one of the largest credit unions in Iowa. With a membership base exceeding 400,000 and assets worth over $10 billion, it serves communities across Iowa and several surrounding states. GreenState’s mission focuses on delivering affordable financial services while promoting economic development in its service areas. Its roots as a community-based institution underscore its commitment to providing personalized support to members.

Membership and Services

Becoming a GreenState Credit Union member is relatively simple. Membership is open to residents of Iowa, nearby states, and anyone who supports GreenState’s affiliated charities. A modest deposit to open a savings account is required to establish membership.

GreenState offers a wide range of services, including:

• Savings and Checking Accounts: Members can access competitive rates, no hidden fees, and overdraft protection options.
• Loans: This includes auto loans, home loans, and personal loans with flexible repayment terms and competitive interest rates.
• Credit Cards: Members can benefit from low-interest credit cards with cash-back rewards.
• Investment Services: GreenState provides financial advisory services to help members plan for retirement and manage investments.
• Online and Mobile Banking: Their digital platform offers convenience for tasks such as bill payments, transfers, and account monitoring.

Pros and Cons of GreenState Credit Union

Pros:

• Community-Oriented Approach: GreenState’s not-for-profit model reinvests earnings into better rates and services for members.
• Broad Service Options: A diverse array of financial products tailored to individual needs.
• Lower Fees: Compared to traditional banks, GreenState typically offers lower fees and higher interest rates on savings accounts.

Cons:

• Membership Restrictions: Availability is limited to certain geographic areas, though the credit union’s outreach has expanded in recent years.
• Fewer Branch Locations: Members outside major service areas may face limited physical access, though online services compensate for this to some extent.

Financial Planning Tips for Tax Season

As tax season approaches, it’s worth considering a few key strategies to make the most of your finances:

Maximize Retirement Contributions

Contributing to retirement accounts like IRAs can provide significant tax advantages. For 2024, individuals can contribute up to $6,500 to a traditional or Roth IRA, with an additional $1,000 “catch-up” contribution for those aged 50 and older. Keep in mind that income limits apply to Roth IRA contributions, and withdrawals from traditional IRAs are subject to taxation and potential penalties for early withdrawals.

Explore Charitable Deductions

Charitable donations are tax-deductible if you itemize deductions on your return. Ensure you maintain proper documentation, such as receipts or written acknowledgment from the charity. Note that pledges are not deductible unless the donation has been completed within the tax year.

Utilize Home Office Deductions

For those operating a business from home, a portion of expenses such as utilities and internet costs may be deductible. The IRS requires exclusive use of the home office space for business purposes, so consult a tax professional to ensure compliance.

Open a Health Savings Account (HSA)

HSAs offer triple tax advantages: contributions are tax-deductible, growth is tax-free, and withdrawals for qualified medical expenses are not taxed. For 2024, contribution limits are $3,850 for individuals and $7,750 for families, with an additional $1,000 catch-up contribution for those 55 and older.

Adjust Asset Allocation for Tax Efficiency

Strategically placing tax-inefficient assets in pre-tax accounts while keeping tax-efficient investments in taxable accounts can optimize your portfolio’s performance. This tactic, known as tax-efficient asset location, minimizes the tax impact on your investment returns.

GreenState Credit Union members may not benefit from a TurboTax discount this year, but other opportunities for financial savings and effective tax preparation remain available. By exploring these strategies and leveraging existing discounts or resources, taxpayers can still approach the season with confidence.