Updated on Sunday, April 6, 2025: With the April 15th tax deadline just around the corner, TurboTax is offering several promotions to help you file on time. From limited-time discounts to free filing options, there are plenty of ways to save. Below is a breakdown of the best TurboTax 2025 deals, including exclusive offers for customers of select banks, credit unions, and financial institutions.
1. Extra 10% Off TurboTax Online Versions
TurboTax is offering an additional instant 10% discount on all Online versions of its tax software. This applies to Basic, Deluxe, Premier, and Self-Employed editions but is limited to federal tax filings. State filings are not included in the discount and it cannot be combined with other TurboTax promotional offers. This deal is available until April 15, 2025.
2. Discounts Through Financial Institution Partnerships
TurboTax collaborates with various banks and credit unions to provide exclusive discounts to their customers. These offers vary depending on the financial institution, so checking your bank or credit union’s online portal—under sections like “deals” or “partnerships”—can help you find out if you qualify. Availability, terms, and savings differ based on the institution. Some of the most popular partners include Bank of America, Fidelity Investments, AAA, Vystar Credit Union and PNC Bank (a few former large partners such as Wells Fargo, Truist Bank and Vanguard are not offering discounts on TurboTax this year).
3. Free Edition for Simple Tax Returns
TurboTax continues to offer a Free Edition for those with simple tax returns. This option allows eligible users to file both federal and state taxes at no cost. It covers basic Form 1040 filings and supports certain tax credits, including the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction.
However, only about 37% of taxpayers qualify for this version. It does not support more complex filings, such as those involving itemized deductions, business income, or investments.
4. Free Filing for Eligible Military Members
Active-duty military members ranked E1 through E9 can use the TurboTax Freedom Edition to file taxes for free during the 2025 tax season. Those ranked E10 or higher are not eligible for the free version but may still receive a discount. To qualify, a military W-2 form from fiscal year 2024 must be provided. This program is intended to help service members file their taxes affordably and efficiently.
No TurboTax Discount for Truist Bank Customers in 2025
In previous years, Truist Bank customers had access to TurboTax discounts through the bank’s partnership with Intuit. However, for the 2025 tax season, Truist is no longer offering a TurboTax discount.
Although last year’s link to the TurboTax offer is still live, it no longer applies any discount at checkout. Customers looking for tax preparation savings will need to explore other financial institutions or third-party promotions.
Truist Bank: Background, Services, and Tax-Related Information
Truist Bank was formed in 2019 through the merger of BB&T and SunTrust Banks. With headquarters in Charlotte, North Carolina, it is one of the largest banks in the United States. As of December 31, 2024, Truist had total assets exceeding $531 billion. It provides a range of services, including personal and business banking, wealth management, investment services, and mortgage lending.
How to Sign Up for Truist Services
Customers can open an account with Truist by visiting a branch, signing up online, or using the Truist mobile app. The bank offers various account types, including checking and savings accounts, credit cards, personal loans, and investment options.
Benefits of Banking with Truist
- Wide Range of Financial Services – Truist provides personal banking, business banking, mortgages, loans, and investment management services.
- Large Branch and ATM Network – With locations across multiple states, customers have easy access to in-person banking services.
- Robust Digital Banking Platform – Truist’s online and mobile banking services offer convenience, including mobile check deposits, bill payments, and account management.
- Integration with Financial Tools – Customers can connect their accounts with budgeting and tax software for easier financial management.
Potential Drawbacks
- Fee Structures – Some accounts and services carry monthly maintenance fees or transaction charges.
- Merger-Related Adjustments – Customers from the legacy BB&T or SunTrust systems may experience occasional transitions as Truist continues its integration efforts.
Truist Bank and Tax Season
While Truist is no longer offering a TurboTax discount here in 2025, customers can still use the bank’s services for tax preparation. Many account holders may benefit from Truist’s financial management tools, which can help track income, expenses, and deductions.
Checking account holders can review their annual transaction history to identify deductible expenses, while those with Truist investment accounts can access year-end tax documents directly through their online banking portal. Additionally, Truist credit card users can monitor spending categories that might impact their tax situation, such as business-related expenses.
Our Final Thoughts
TurboTax continues to offer a variety of discounts, including free filing options for some users and exclusive promotions for military personnel. While Truist Bank customers no longer receive a TurboTax discount, they still have access to the bank’s financial tools, which can assist with tax planning. Exploring available discounts through other financial institutions or tax software providers may provide additional savings this tax season.