Updated on Tuesday, February 4, 2025: It’s that time of the year again where we need to begin putting together our tax forms for 2024 and start planning on filing our returns. If you’re like me and use TurboTax, here’s all the top discounts available today, including those offered by major banks and credit unions, to help you save on their software:

1) Extra 20% Off TurboTax Online Versions
TurboTax is offering an additional 20% 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 early-season discounts of up to 40% on Full-Service “Live” and Assisted Versions. However, the offer cannot be combined with any other TurboTax promotions. The deal is valid until February 28, 2025.

2) Never used TurboTax? Then you can file for free this year
If you never used TurboTax before, or if skipped TurboTax last year, don’t miss this deal: File any tax form free through their mobile app, but only if you file by February 18, 2025. Excludes TurboTax Live. Learn more.

3) TurboTax Guarantees A Cheaper Price Than Last Year’s CPA
Save at least 10% on TurboTax Full Service compared to what you paid for professional tax prep in 2024. You must enroll by March 18, 2025, and file your return by March 25, 2025. Your cost will be either 10% lower than last year’s fees or TurboTax’s standard rate, whichever offers the most savings. Proof of payment may be necessary to confirm your discount. This deal applies only to personal tax returns and excludes other offers.

4) 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.

5) 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.

6) 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.

7) H&R Block’s Competing Offer
If you’re considering an alternative to TurboTax, H&R Block is running a promotion until February 28, 2025. Customers can save 20% off on all versions of H&R Block’s software, including Basic, Deluxe + State, Premium, and Premium & Business. One useful feature is the ability to import last year’s tax data from TurboTax in just seconds, using .tax or PDF files. This discount provides a competitive option for those looking to switch providers.

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.