Updated on Sunday, December 22, 2024: If you’re a user of TurboTax then you’re just a few clicks away from picking up a good deal before you file your return. We are again tracking the top TurboTax deals through the April 15th tax deadline — See below for a look at the most popular TurboTax offers available now, including those we found posted on tax related forums across the web (i.e. Reddit).
Our Favorite TurboTax Discounts, January 2025:
- Get an extra 10% off TurboTax online federal products — You’ll have your choice from the regular do-it-yourself versions, the Live Assisted versions where experts will help you as needed or the Full Service version where they do your taxes for you. And this offer is on top of the current early-season sale that’s running through January. Offer valid until 11:59 PM PST on January 31, 2025.
- 50% off the Quickbooks Solopreneur (with Live Assisted Tax) — If you already use Quickbooks to run your business accounting, or have though about using it, then this bundle offer is definitely worth taking a look at. You’ll get 50% off your first 3 months of service (normally $20/month, now $10/month). This is an ongoing promotion but only available to new customers.
- Military discount — All enlisted active duty military and reservists ranking from E1 through E9 can qualify for free federal and state filing with TurboTax Deluxe, Premier or Self-Employed. Offer excludes TurboTax Live or TurboTax Desktop products (TurboTax CD/Download). Must have a with a W2 from DFAS in order to qualify. Military veterans and retirees get the standard TurboTax discount as allotted to everyone else.
- TurboTax for College Students — If you’re doing your taxes for the first time, then TurboTax will walk you through all the steps to take the pain out of filing. Plus, qualifying students can get over $1,000 back in education credits and deductions. And if you happen to be an international student, then the Sprintax team can help with your non-resident tax preparation.
- File for free with TurboTax Free Edition — You’ll pay nothing at all to file your federal and state taxes with the TurboTax Free Edition if you have a simple tax return. Just keep in mind that only about ~37% of taxpayers qualify (form 1040 + limited credits only). There’s no better deal than that!
TurboTax FAQ’s
What is a TurboTax Service Code?
You’ll notice that in the Online versions of TurboTax, right towards the end before you choose your payment options, there will the a “I have a service code” field. This is an area where you can either enter a coupon code if you’ve received one by mail or to track an order to a service agent if you received pre-purchase support. In most cases you will not need to enter anything here because the offers listed above are all automatically apply when you follow the provided link.
There are a few articles on Reddit where some people have reported getting free copies of TurboTax vis service code, but these are only in special circumstances and often hard to get.
What’s the difference between TurboTax Online and Desktop?
TurboTax comes in two different flavors — 100% web based and as a download where you need to install the software on your computer. Both options have their pros and cons. Let’s take a look at some of the highlights of each.
The online versions are convenient as there’s no software that needed to be installed and you can access your tax return from any internet-connected device (phone, tablet, laptop, etc.). You’ll also be able to access any previous tax returns as a copy is save in your accounts history. The disadvantage of TurboTax Online is that there’s always a risk, however small it may be, that your online account will be compromised.
With the desktop version of TurboTax you loose many of the convince features. You have to download and install software and can only work on one machine. Plus because your tax return is stored locally, if anything happens to your computer then you risk loosing your tax return if you haven’t backed up a copy elsewhere. But you do gain in security as your personal information is not stored in the cloud.
Questions
Although we do our best to update these TurboTax deals daily by scouring the web, reading up on how much others are saving on forums like Reddit, etc., we’re not perfect. If you’ve happened to find a better deal on TurboTax then we’d love to know about it. Let us know in the comments below.