Updated on Sunday, December 22, 2024: Tax season has arrived and TurboTax continues to offer discounts on their best selling products to lighten the financial load. Here’s a rundown of the current TurboTax deals and coupons available through January 2025:
- 10% Off TurboTax Online Versions
- Get an additional 10% off TurboTax federal products when ordered directly at Intuit.com. This discount is on top of the early-season savings but applies only to federal filings. Note that state products are excluded from this offer. The deal cannot be combined with other promotions and is valid until January 31, 2025.
- Free Filing with TurboTax Free Edition
- For individuals with simple tax situations, TurboTax’s Free Edition allows users to file both federal and state taxes at no cost. This edition is best for basic returns like Form 1040 and supports limited credits, such as the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. However, it’s worth noting that only about 37% of taxpayers qualify for the Free Edition, as it does not support complex filings like those involving investments, itemized deductions, or business ownership.
- 50% Off QuickBooks Solopreneur Bundle
- Self-employed taxpayers can save on the QuickBooks Solopreneur Bundle, available at 50% off for the first three months. This reduces the cost from $20 per month to just $10 per month, making it an affordable tool for managing finances alongside taxes.
- TurboTax Freedom Edition for Military Members
- Active-duty military members ranked E1 through E9 can file for free using the TurboTax Freedom Edition. For higher ranks, the software is not free, but an additional discount is available. To claim this offer, a military W2 tax form from the 2024 fiscal year is required.
- Bank and Credit Union Partnerships
- TurboTax frequently partners with financial institutions to provide exclusive discounts. If you bank with a credit union or financial institution, check their online portals for deals listed under “partnerships” or “discounts.”
TurboTax Discount for Silver State Schools Credit Union (SSSCU) Members
For the 2025 tax season, Silver State Schools Credit Union (SSSCU) is once again offering its members a 20% discount on TurboTax products. This partnership continues to provide an excellent opportunity for members to save while using one of the most trusted tax preparation tools available.
TurboTax Options for SSSCU Members:
- TurboTax Deluxe: Ideal for those looking to maximize deductions related to homeownership, medical expenses, or charitable donations.
- TurboTax Premier: Best suited for individuals managing investments, rental properties, or other forms of income beyond standard employment.
- TurboTax Self-Employed: A comprehensive option for freelancers, gig workers, and small business owners who need to navigate more complex tax rules.
SSSCU members can access the discount by visiting the credit union’s website or member portal and using the designated link for TurboTax. It’s always a good idea to compare this offer with other TurboTax deals to ensure you’re getting the best value.
About Silver State Schools Credit Union (SSSCU)
History and Background
Silver State Schools Credit Union was established in 1951 in Las Vegas, Nevada, with a mission to serve the financial needs of educators and school employees in Clark County. Over the decades, the credit union has grown significantly, expanding its membership base and financial services while staying true to its roots in the education sector.
Today, SSSCU serves more than 58,000 members and manages over $1 billion in assets. Despite its growth, it remains committed to providing personalized services and supporting its core community of educators and their families. As a not-for-profit financial cooperative, SSSCU prioritizes its members’ financial well-being by reinvesting profits to improve services, reduce fees, and offer competitive rates.
Membership and Eligibility
Membership at SSSCU is open to:
- Employees and retirees of educational institutions in Nevada.
- Immediate family members of existing members.
- Individuals who make a small donation to a partner organization supporting education in the community.
This focus on serving educators and their supporters creates a strong sense of community within the credit union.
Locations and Accessibility
SSSCU is headquartered in Las Vegas and operates 10 branches across Southern Nevada. While its physical presence is limited to this region, SSSCU offers robust online and mobile banking platforms, allowing members to manage their accounts conveniently from anywhere.
Financial Services and Tax-Season Benefits
Silver State Schools Credit Union offers a comprehensive suite of financial products, many of which are particularly useful during tax season:
Checking and Savings Accounts
- SSSCU provides low-fee checking and savings accounts with features like online banking, mobile check deposit, and competitive interest rates. These accounts are ideal for managing tax refunds or setting up automatic savings plans.
Tax-Advantaged Accounts
- Individual Retirement Accounts (IRAs): Contributions to a Traditional IRA may reduce taxable income, while Roth IRAs allow for tax-free withdrawals in retirement.
- Health Savings Accounts (HSAs): Members with high-deductible health plans can use HSAs to save pre-tax dollars for medical expenses. Both options offer significant tax advantages and long-term benefits.
Loans and Credit Options
- SSSCU offers competitive rates on personal loans, mortgages, and auto loans. These affordable financing options can be especially helpful if you’re facing unexpected tax liabilities.
- Credit Cards: SSSCU’s credit cards feature low interest rates and rewards programs, providing flexible solutions for managing expenses during tax season.
Direct Deposit for Tax Refunds
- Members can opt for direct deposit of their tax refunds into an SSSCU account, ensuring fast and secure access to their funds.
Promoting Financial Literacy and Wellness
Beyond financial products, SSSCU is deeply committed to empowering its members through financial education. This mission aligns closely with its roots in the education sector.
Educational Resources
- Workshops and Webinars: SSSCU regularly hosts sessions on topics like budgeting, retirement planning, and understanding tax laws.
- Online Tools: Members have access to calculators and resources for estimating tax refunds, evaluating loan options, and planning investments.
Scholarships and Community Support
- SSSCU provides scholarships and grants to support students and educators, reinforcing its dedication to the educational community.
Financial Counseling
- Personalized financial counseling is available for members who need assistance managing debt, planning for major expenses, or navigating tax season.
Benefits of Banking with SSSCU
As a member-centric institution, Silver State Schools Credit Union offers several key advantages:
- Lower Fees: Compared to traditional banks, SSSCU charges lower fees for its accounts and services.
- Competitive Rates: Members benefit from favorable loan rates and higher yields on savings accounts.
- Community Focus: SSSCU’s dedication to education fosters a unique sense of purpose and connection among its members.
- Personalized Service: The credit union’s commitment to understanding and addressing its members’ needs sets it apart from larger, impersonal institutions.
- Digital Access: Robust online and mobile banking platforms provide convenience for members who prefer digital solutions.
Drawbacks of SSSCU
While SSSCU offers many benefits, it’s important to consider a few potential drawbacks:
- Limited Branch Network: With only 10 branches in Southern Nevada, members outside the region may need to rely heavily on digital services.
- Membership Restrictions: Although eligibility is relatively broad, it is still more limited compared to national credit unions.
- Technology Limitations: While SSSCU’s digital platforms are functional, they may lack some advanced features offered by larger financial institutions.
TurboTax: A Trusted Partner for Tax Filing
TurboTax remains one of the most popular tax preparation platforms, thanks to its user-friendly interface and robust support options. The partnership between TurboTax and SSSCU ensures members have access to premium tax tools at a discounted rate.
Key Features of TurboTax
- Step-by-Step Guidance: TurboTax’s intuitive design walks users through each step of the tax filing process.
- Expert Assistance: The platform provides access to live tax experts for added support.
- Tailored Recommendations: TurboTax customizes its guidance based on your unique financial situation, whether you’re self-employed or managing multiple income streams.
- Accuracy Guarantee: TurboTax includes a guarantee to maximize your refund and ensure your return is accurate.
- Mobile Access: Users can file taxes from their smartphones or tablets, offering flexibility and convenience.