Find out how to save money on TurboTax in this write-up.
- Update 2/27/2024: Their early season pricing sale will end 2/29/24. Prices will increase from March 1.
- Update 1/19/2024: Turbotax is offering “up to an ADDITIONAL 20% off” sale, valid from 1/19/2024 to 2/14/2024. See below about the TY23 Peak 1 Promotion.
- Update 6/6/2023: TurboTax Premier & TurboTax Self-Employed are now TurboTax Premium.
- Update 1/18/2023: Offer for up to an additional $20 off added below.
- Update 12/28/2022: Amazon prices updated
- Update 11/29/2022: Prices have increased but the $10 Amazon Gift Card addition is still available. Details below.
- Update 11/26/2022: See the Amazon Black Friday deals below to get a $10 gift card with your purchase.
I use TurboTax for both my Business and Personal tax returns, and have been doing so ever since I got into the job market as a professional. You get to do your taxes from the comfort of your own home and have the ability to send everything in electronically.
Years ago I decided to go through a professional CPA just to see if there were any advantages for doing so. Not only did I spend 8X more money than I would have if I had just bought TurboTax again, I received no advice and no “secret” deductions or anything to make it worth it.
Furthermore, I had to gather and organize all my tax information in detail before submitting the information to the tax firm. Basically, I did all the same work I would have had to do if I had used TurboTax again. Seems like they simply took all the info I organized and plugged it into a tax software similar (and likely inferior) to TurboTax. Obviously everyone’s tax situation is different, but for me it was really a letdown.
Normally, importing all your previous year’s tax information into TurboTax is a breeze (had I used TurboTax), but for the following year after using the outside firm I had to manually enter that in also. Lesson learned.
I’m sticking with TurboTax from now on.
See offers from these other tax services: TaxSlayer, H&R Block, TaxAct.
See the best tax filing services here.
Okay, Get The Best Deals On TurboTax Below
Update for 2023 tax year: The prices directly through TurboTax Vs. Amazon have been shifting a bit on which is cheaper. Definitely compare the two before deciding.
TurboTax For Tax Year 2023:
- TurboTax Live: This package is where users can do their taxes with a tax expert. There are TurboTax Live versions of the Basic, Deluxe, and Premium products.
- File for free with TurboTax Free Edition (~37% of taxpayers qualify, Form 1040 + limited credits only).
There are several places online to get your TurboTax software legitimately. Surprisingly or not, going directly through the TurboTax/Intuit website doesn’t always nab you the best offer.
- Browse the products on the TurboTax/Intuit website first – click here.
- Also, you may find some of the free tax calculators and tools on their website useful.
- Here are the product pages for each Tax Year 2023 version:
- TurboTax Live versions
- TurboTax Free Edition. ~37 of taxpayers qualify. Form 1040 + limited credits only.
Discounts Directly With TurboTax: TY23 Peak 1 Promotion
Here are other current promotions from TurboTax:
- TurboTax Free Edition
- ~37% of taxpayers qualify.
- Form 1040 + limited credits only.
- Save up to an additional $20 (will be available during peak tax season)
Amazon Is Usually The Best Deal On TurboTax
Update for 2023 tax year: The prices directly through TurboTax Vs. Amazon have been shifting a bit on which is cheaper. Definitely compare the two before deciding.
This is where I buy my TurboTax software from if I’m buying early on in the tax season before peak season discounts are available directly on the TurboTax/Intuit site. You can choose to have the physical software CD mailed to you, or download it instantly after your purchase.
It can often be a nice discounted rate compared to going directly through Intuit. You can go deep into searching around the web for the best ways on saving a few more bucks, but in the end it may not be worth your time.
Amazon TurboTax Versions 2023
TurboTax Basic 2023 Tax Software, Federal Only Tax Return, [Amazon Exclusive] >>OFFER LINK
Details:
- Recommended for less-complex tax situations, claiming the Earned Income Tax Credit, or only need to file a Federal Tax Return.
- Includes 5 Federal e-files. State download and e-file additional. Free U.S.-based product support (hours may vary).
- Answer easy questions about your year and the right tax forms are filled in for you
- TurboTax coaches you and double checks your return as you go
- Up-to-date with the latest tax laws
TurboTax Deluxe 2023 Tax Software, Federal Only Tax Return, [Amazon Exclusive] >>OFFER LINK
Details:
- Recommended if you own a home, have charitable donations, high medical expenses, or only need to file a Federal Tax Return
- Includes 5 Federal e-files. State download and e-file additional. Free U.S.-based product support (hours may vary).
- Get your taxes done right and your maximum refund
- Maximizes 350+ deductions and credits
- Up-to-date with the latest tax laws
- Amazon Exclusive – 1-Year Subscription of Quicken Starter Edition ($41.88 value) included with your TurboTax purchase
Please share any discounts, offers and promotions on TurboTax in the comments section below!
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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I originally posted this at DoctorOfCredit, but I’ll add it here in case anyone finds it useful:
For those who prefer FREE (and open source), check out the OPEN TAX SOLVER project. It provides automated U.S. federal and several state returns in a simple program, and has been getting better every year. You get all the most common forms, which populate your data in pdf for you. You have to mail the returns, though, or you could copy everything to one of those online sites and submit. If they don’t have your state or a particular form you need, try emailing the developers/CPAs; they’re very responsive to special requests. If the current year’s package isn’t available yet, check out last year’s to see how you like it. The program is also useful for running various future tax scenarios. By all means, donate to the project if you want to help them continue.
Available for LINUX, MacOS, and Windows. Your data remains offline on your own computer.
The Ameritrade Turbotax discount is a scam. Because of the discount, I decided to try Turbotax this year. I entered Turbotax from the Ameritrade link and signed up. When I went back, I did not use the Ameritrade link because I assumed I was already signed up with the discount. After I filled out my tax information, Turbotax tried to charge me $79.99 for Premier with NO DISCOUNT. I tried signing in from Ameritrade again, and that did not help. Customer service could not help either.
So I have switched back to TaxAct. They charge reasonable rates, and they do not try to rip you off with bogus discounts. TaxAct imports are not quite as good as Turbotax, but the 15 extra minutes it takes me to do some extra manual entry is not worth the ridiculous premium that Turbotax charges.