Updated on Sunday, February 1, 2026: TurboTax is once again offering a handful of early-season discounts to help make filing your taxes just a little bit more affordable. Here’s a roundup of the top TurboTax offers available now:
1. TurboTax 20% Off Instant Discount
TurboTax offers a 20% discount on federal tax filing products purchased directly through Intuit, valid through March 30, 2026. The discount is applied after any seasonal pricing and only covers federal returns. State filing is priced separately and not included in this offer.
2. Free Filing for First-Time TurboTax Users
If you didn’t use TurboTax last year (or ever!), you can file your taxes for free through the TurboTax or Credit Karma mobile app. Selecting the self-prepared option allows both federal and state returns to be completed without charge. This option accommodates a range of income types, including freelance work, investments, or rental property. You must file through the app by February 28, 2026.
3. Lower Early-Season Pricing
TurboTax offers early-season pricing that can reduce the cost of a federal return by up to $40 if filed by February 27, 2026. Filers can still choose the level of assistance they need, whether completing the return on their own or working with a professional.
4. File for free with TurboTax Free Edition
TurboTax’s Free Edition. ~37% of filers qualify. Simple Form 1040 returns only (no schedules, except for EITC, CTC, student loan interest, and Schedule 1-A).
5. TurboTax Freedom Edition for Military Members
Active-duty military members in pay grades E1 through E9 can file at no cost using the TurboTax Freedom Edition. Service members above that pay grade can access discounted pricing instead of paying full price. A military W-2 from the 2025 tax year is required to qualify. This program is intended to make filing simpler for service members and reduce administrative burdens during an already busy time.
6. Bank and Credit Union Partnerships
TurboTax frequently collaborates with financial institutions to offer exclusive deals to their customers. Many banks and credit unions list these offers in their online portals under “deals” or “partnerships” sections. Checking with your financial institution could unlock additional savings.
TurboTax and American Express: No Discount for 2026
For American Express (AMEX) cardholders, TurboTax has historically provided exclusive discounts during tax season. However, this year, AMEX is not offering any TurboTax-specific deals. While this change may disappoint some loyal customers, AMEX still offers general benefits that can ease the financial strain of tax season, such as cashback rewards or statement credits on other tax-related purchases. AMEX users can still take advantage of TurboTax’s standard discounts listed above to reduce their filing costs.
A Closer Look at American Express: Background, Benefits, and Considerations
History and Background
American Express (AMEX), established in 1850, is a globally recognized financial services company. Known for its credit cards, charge cards, and traveler’s checks, AMEX has a long-standing reputation for offering premium benefits tailored to different consumer needs. Unlike most credit card companies, American Express operates as both a card issuer and a payment network, which allows it to provide unique perks and services to its customers.
How to Sign Up for an AMEX Card
Signing up for an American Express card is straightforward. Applications can be completed online through the AMEX website or via referral links. The approval process typically depends on your credit score and income level. American Express offers a wide range of cards—from no-annual-fee options to premium cards like the Platinum and Gold cards, which include extensive travel and lifestyle benefits.
Benefits of Using an AMEX Card During Tax Season
While there isn’t a specific TurboTax discount for AMEX cardholders in 2026, these cards still offer several advantages:
- Rewards Programs
- Many AMEX cards provide cashback, points, or travel miles on purchases, which can indirectly benefit tax filers. For instance, using an AMEX card to pay for tax software or professional services might earn rewards that can offset some of the costs.
- Purchase Protections
- Some AMEX cards include purchase protection, which can cover eligible expenses in case of disputes or service issues. This might apply if you encounter problems with tax-related software or services.
- Flexible Payment Plans
- AMEX’s “Pay It Plan It” feature allows cardholders to manage larger purchases through installment plans. This can be useful if you’re facing high tax preparation or payment costs.
- Exclusive Benefits for Business Owners
- Business-focused AMEX cards often include tools for tracking expenses and categorizing purchases, which can simplify tax preparation for entrepreneurs.
Drawbacks of Using AMEX for Tax Season Expenses
Despite its perks, there are some limitations to consider when using an AMEX card:
- Acceptance Issues
- While widely accepted in the U.S., some smaller merchants or tax preparation services may not take AMEX due to its higher transaction fees compared to Visa or Mastercard.
- High Annual Fees
- Premium AMEX cards often come with significant annual fees, which might not be justifiable if you’re primarily seeking a card for occasional tax-related expenses.
- No TurboTax Discount
- As previously mentioned, AMEX cardholders won’t receive a direct TurboTax discount this year, which might be a downside for those accustomed to this benefit.
Tax Filing Tips for AMEX Cardholders
To maximize the value of your AMEX card during tax season, consider these strategies:
- Leverage AMEX Offers
- Check your AMEX online account or mobile app for targeted offers. While TurboTax isn’t included this year, you might find deals on other tax-related services or office supplies.
- Use Points for Purchases
- If your AMEX card earns Membership Rewards points, you may be able to use them to pay for eligible purchases, including tax software or IRS payments.
- Track Expenses Efficiently
- Many AMEX cards include expense tracking tools, which can help you categorize deductions and streamline your tax filing process.
- Utilize Cashback Benefits
- Cards like the Blue Cash Everyday® Card from American Express offer cashback on everyday purchases. Applying these rewards to your tax-related expenses can offset some of your costs.
Additional Resources for Tax Season
Whether you’re an AMEX cardholder or not, taking advantage of available resources can make tax season less daunting. Here are a few recommendations:
- IRS Free File
- If your income is below a certain threshold, you might qualify for the IRS Free File program, which provides access to free tax preparation software.
- Tax Preparation Assistance
- Organizations like the Volunteer Income Tax Assistance (VITA) program offer free tax help for qualifying individuals, including those with disabilities, limited English proficiency, or incomes below $60,000.
- Financial Planning Tools
- AMEX and other financial institutions often provide budgeting and tax planning tools that can help you stay organized throughout the year.
- Direct Deposit for Refunds
- To receive your tax refund quickly, set up direct deposit using your AMEX-affiliated bank account or another preferred account.
Our Final Thoughts
While American Express cardholders won’t see a dedicated TurboTax discount in 2026, there are still plenty of ways to make tax season manageable and cost-effective. By taking advantage of TurboTax’s existing discounts and leveraging the benefits of your AMEX card, you can ease the financial and logistical burden of filing taxes. Remember to stay informed about other potential offers from financial institutions and use available tools to simplify the process.