Updated on Sunday, December 22, 2024: TurboTax is well-known for offering a variety of discounts and promotions each tax season, helping individuals and families save on tax filing costs. For the 2025 tax season, there are several noteworthy offers that can make the filing process more affordable for a wide range of taxpayers.
- 10% Off TurboTax Online Versions TurboTax is offering a 10% discount on all of its online products, including its Deluxe, Premier, and Self-Employed versions. This discount applies only to federal tax products and cannot be combined with any other offers. The deal is available through January 31, 2025, so it’s a good idea to take advantage of it early in the season. Just head to TurboTax’s official site to access the deal.
- Free Edition for Simple Returns TurboTax offers its Free Edition for those with basic tax returns. This option allows you to file both federal and state taxes without any cost, provided your tax situation is straightforward. It’s designed for people who only need to file a simple Form 1040 and supports credits like the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. However, it’s important to note that only a small percentage of taxpayers (about 37%) will qualify for the Free Edition, as it doesn’t support more complex returns.
- 50% Off QuickBooks Solopreneur Bundle For freelancers or self-employed individuals, TurboTax offers a 50% discount on the QuickBooks Solopreneur Bundle. This bundle is available for $10 per month for the first three months (down from the usual price of $20). This deal helps small business owners manage their finances with QuickBooks while also simplifying tax filing.
- TurboTax Freedom Edition for Active Military Personnel TurboTax offers a special Freedom Edition for active military service members, which allows them to file both federal and state taxes at no cost. This offer applies to those in rank E1 through E9 and is available during the 2025 tax season. Military members must submit a military W-2 from the 2024 fiscal year to qualify. If you rank higher than E9, additional discounts are available.
- Bank and Credit Union Partnerships for Exclusive Discounts TurboTax often partners with various financial institutions, including credit unions and banks, to provide exclusive discounts to their customers. To take advantage of these offers, check your bank or credit union’s website for specific links to the promotions.
TurboTax and the Commercial Bank of Texas Partnership
For the 2025 tax season, TurboTax continues its longstanding partnership with the Commercial Bank of Texas (CBTX), offering a 10% discount on all TurboTax products to CBTX customers. This collaboration has been a recurring benefit for CBTX clients, allowing them to save on their tax filing costs.
The 10% discount applies directly when customers use a special link to access TurboTax’s platform. Once on the site, the discount is automatically applied to their order—no additional coupon code is needed. Whether you’re filing for yourself or for a small business, this offer helps reduce the cost of using TurboTax’s premium products.
For those who are already familiar with TurboTax, this partnership simplifies the process. By signing into the TurboTax platform through the direct link provided by CBTX, customers automatically receive a reduction on their purchase, making the service more affordable.
Commercial Bank of Texas (CBTX): A Trusted Financial Partner
A History of Community Focus and Service
Founded in 1901, the Commercial Bank of Texas has built a reputation over more than a century of providing reliable and personalized financial services to the residents and businesses of East Texas. From its earliest days, CBTX has been committed to strengthening local communities by offering financial solutions that cater to both individuals and businesses.
Unlike larger national banks, which may offer more standardized services, CBTX prides itself on understanding the unique needs of the people it serves. This personalized approach has made the bank a trusted financial partner for generations of East Texans.
The Role of CBTX in Tax Season
While CBTX doesn’t directly offer tax preparation services, the bank plays an important role during tax season by partnering with companies like TurboTax to provide their customers with valuable discounts. Through this partnership, CBTX helps ensure that its clients can access reliable and affordable tax filing tools.
CBTX recognizes the importance of tax season and offers its customers the ability to file their taxes with TurboTax at a reduced cost. Whether you’re filing personal returns or small business taxes, the bank’s partnership with TurboTax makes tax filing more accessible and less costly for CBTX account holders.
Additionally, CBTX offers a variety of financial products that complement the tax preparation process, including savings accounts, loans, and investment services, which may help with tax planning or managing finances year-round.
A Look at CBTX’s Services
CBTX is a full-service community bank offering a wide range of products and services to meet the diverse needs of its customers. These services are designed for both personal and business banking.
- Personal Banking: CBTX offers checking and savings accounts, mortgages, auto loans, and credit cards. With digital banking tools available, customers can easily manage their accounts online or through mobile apps. For those looking to grow their savings or build their credit, CBTX provides the necessary resources to do so.
- Business Banking: The bank offers flexible solutions for small businesses, including business loans, merchant services, and business credit cards. CBTX is well-versed in the needs of local businesses and provides tailored financial solutions that support growth and success.
Although CBTX does not offer tax preparation directly, its customers can benefit from their partnership with TurboTax, which streamlines the process of filing taxes, a crucial part of financial management for both individuals and businesses.
How to Sign Up and Access TurboTax Discounts
To take advantage of the TurboTax discount through CBTX, customers need to follow a straightforward process:
- Access the Special Link: Go to the CBTX website or their online banking portal and look for the TurboTax partnership offer. The discount is available directly through this special link, so be sure to access it from a trusted source.
- Sign into TurboTax: Once on the TurboTax page, you’ll be directed to create or sign into your TurboTax account. The 10% discount will be applied automatically to the federal tax filing products.
- Complete Your Filing: After selecting the TurboTax product that suits your needs, proceed with the tax filing process. You can access support through TurboTax’s expert assistance if you encounter any questions along the way.
By following these steps, you can easily save on your tax preparation fees, making this offer a convenient way to file taxes efficiently and affordably.
CBTX’s Focus on Community and Customer Service
What sets CBTX apart from other financial institutions is its strong commitment to the local community. The bank not only provides personal and business banking services but also gives back through community outreach programs, supporting local schools, charities, and nonprofit organizations. CBTX works tirelessly to ensure that its services are accessible to all members of the community, making it a valued partner in East Texas.
CBTX’s Presence and Reach
Although primarily based in East Texas, with branches in Lufkin, Nacogdoches, Henderson, and other regional hubs, CBTX offers online banking tools that extend its reach far beyond its physical locations. This ensures that even if you live outside East Texas, you can still access the bank’s services and take advantage of offers like the TurboTax discount.
Whether you’re a long-time CBTX customer or a new account holder, you can benefit from the bank’s wide array of products and the savings offered through its tax season partnerships.
Benefits and Drawbacks of the CBTX-TurboTax Partnership
Benefits:
- Financial Savings: The 10% discount on TurboTax products is a great way to reduce the overall cost of tax preparation. This is particularly useful for individuals or small business owners who may be on the fence about using TurboTax’s more comprehensive plans.
- Simplicity: The partnership between CBTX and TurboTax means that filing taxes becomes simpler and more affordable. TurboTax’s user-friendly interface allows individuals to file their taxes quickly and accurately, while the discount ensures that the process is more budget-friendly.
- Customer Support: TurboTax offers access to live expert support for those with more complex tax situations. This can provide peace of mind to those who are unfamiliar with tax laws or need extra assistance during filing.
- Convenience: Through this partnership, CBTX customers can easily access TurboTax without needing a separate coupon code or lengthy process. The automatic discount is applied directly once the customer accesses the TurboTax platform through CBTX’s link.
Drawbacks:
- Cost of State Filing: While the 10% discount on federal filing is helpful, state tax filing fees can still add up. Some states have complex tax laws that may require additional assistance, which can increase the overall cost of using TurboTax.
- Not for All Tax Situations: TurboTax is great for most common tax situations, but if you have a highly complex tax scenario (such as multiple businesses, international income, or specialized deductions), you may still need to hire a professional accountant, making the software less cost-effective for some.
- Security Concerns: Like with any online service, there are always security considerations. Although TurboTax has strong encryption and security measures, some users may still be wary of submitting sensitive financial information online.
Our Final Thoughts
TurboTax’s partnership with the Commercial Bank of Texas provides a valuable opportunity for customers to save on tax preparation costs during the 2025 tax season. Through the 10% discount, CBTX account holders can simplify their tax filing process while saving money. CBTX’s long history in East Texas and its commitment to providing personalized service make it a reliable resource for those looking for financial solutions, and the partnership with TurboTax is another example of how the bank continues to meet the evolving needs of its community.
By leveraging both CBTX’s financial services and TurboTax’s robust tax filing platform, individuals and businesses can navigate tax season with confidence and savings. Whether you’re filing a simple return or managing a small business, this collaboration offers a practical and affordable way to tackle your tax responsibilities efficiently.