Updated on Sunday, February 1, 2026: With tax season here, TurboTax just rolled out a few new discounts to help filers get their taxes sent early. This year, Coinbase customers can also access exclusive deals, continuing the platform’s past collaborations with TurboTax. Here’s a look at the top TurboTax 2026 discounts, plus more info about the Coinbase partnership and how Coinbase helps customers with tax and financial management.
Current TurboTax 2026 Discounts
1. Instant 20% Off Discount from TurboTax
TurboTax is offering a 20% off instant discount on federal filing products purchased directly through Intuit until March 30, 2026. The discount applies only to federal returns, and state filings are billed separately. The adjustment is automatically reflected during checkout for eligible purchases. Filers can take advantage of this early in the season to manage costs more effectively.
2. Free Filing for First-Time TurboTax Users
New users who didn’t file with TurboTax last year can submit both federal and state returns for free using the TurboTax or Credit Karma mobile app. Choosing the self-guided option allows full control over the filing process. This option also handles income from freelancing, investments, or rental properties. Returns must be completed in the app by February 28, 2026, to remain eligible for free filing.
3. Early Filing Offers Savings
TurboTax provides early-bird pricing that can reduce federal filing costs by up to $40 if submitted by February 27, 2026. Filers can decide how much support they need, from filing entirely on their own to 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. Freedom Edition for Active-Duty Military
Active-duty service members in pay grades E1 through E9 can file their taxes at no cost with the TurboTax Freedom Edition. Those above these pay grades are eligible for discounted pricing. A military W-2 from the 2025 tax year is required to qualify. This edition is designed to simplify tax filing for active-duty personnel and make the process more manageable.
TurboTax and Coinbase Partnership: Cryptocurrency Filers Get 20% Off
Cryptocurrency has become an integral part of many taxpayers’ portfolios, and Coinbase has partnered with TurboTax once again to make tax filing easier and more affordable for crypto investors. Coinbase users can enjoy a 20% discount on several TurboTax versions, tailored to meet a range of tax filing needs.
TurboTax Options for Coinbase Customers
- TurboTax Deluxe: Perfect for filers who want to maximize deductions. This version is especially helpful for those with itemized expenses such as mortgage interest, medical costs, or charitable contributions.
- TurboTax Premier: Designed for individuals with investments, rental income, or cryptocurrency transactions. Coinbase users benefit from features that simplify the reporting of crypto trades, gains, and losses.
- TurboTax Self-Employed: Tailored for freelancers, contractors, and small business owners, this version helps track business expenses, including mileage and industry-specific deductions.
- TurboTax Live and Full Service: For those who prefer expert assistance, TurboTax Live provides access to tax professionals, while Full Service allows you to delegate the entire process to a tax expert.
How to Redeem the Coinbase Discount
To claim the discount, Coinbase customers can use a special link provided by the platform. This link ensures the discount is automatically applied at checkout, so there’s no need to manually enter a code.
Coinbase: A Vital Tool for Managing Cryptocurrency and Tax Obligations
As cryptocurrency continues to grow in popularity, Coinbase remains a leading platform for buying, selling, and managing digital assets. For many users, tax season brings the added complexity of reporting crypto transactions, and Coinbase provides tools and resources to streamline the process.
Background and History of Coinbase
- Founded: Coinbase was established in 2012 by Brian Armstrong and Fred Ehrsam to make cryptocurrency accessible to mainstream users.
- Headquarters: Based in San Francisco, Coinbase operates globally, serving millions of users across more than 100 countries.
- Services: The platform enables users to trade cryptocurrencies like Bitcoin, Ethereum, and Litecoin, and provides educational resources to help new investors navigate the crypto space.
Coinbase and Taxes
For cryptocurrency investors, tax obligations can be complex. Here’s how Coinbase simplifies the process:
- Automated Tax Reporting: Coinbase generates Form 1099-B and transaction reports for users, detailing capital gains, losses, and taxable income.
- Integration with TurboTax: Coinbase allows users to import their crypto transaction data directly into TurboTax Premier or other supported versions. This eliminates the need for manual data entry and reduces the risk of errors.
- Educational Resources: Coinbase offers articles and tutorials explaining the tax implications of crypto trading, mining, and staking.
Benefits of Using Coinbase for Tax Season
- Seamless Integration: The ability to import transaction data into TurboTax makes filing simpler for crypto investors.
- Accurate Reporting: Automated tax forms ensure that gains, losses, and income are reported correctly.
- Discounted TurboTax Pricing: The 20% discount on TurboTax Premier and other versions makes tax preparation more affordable.
Drawbacks to Consider
- Tax Complexity: Even with tools and resources, crypto taxes can be complicated, especially for active traders or those involved in staking and mining. Professional advice may still be necessary.
- Fees: Coinbase charges transaction fees, which can add up for frequent traders and impact overall investment returns.
How to Get Started with Coinbase and TurboTax
If you’re not already a Coinbase user, signing up is straightforward. Visit their website or download the app, create an account, and complete the verification process. Once you’re set up, you can start trading cryptocurrencies and use Coinbase’s tax reporting tools during tax season.
For TurboTax, redeeming the Coinbase discount is simple. Use the special link provided by Coinbase to access the discounted pricing. From there, you can select the TurboTax version that best suits your filing needs.
Key Takeaways for TurboTax, Coinbase, and Tax Season
The collaboration between TurboTax and Coinbase is a significant advantage for cryptocurrency investors. With tools to simplify transaction reporting and a 20% discount, this partnership reduces the stress and cost of filing crypto-related taxes.
Meanwhile, TurboTax’s broader 2026 discounts ensure that there’s an option for nearly every taxpayer, whether you’re filing a basic return, managing a small business, or navigating military-specific tax scenarios.
By combining the resources of TurboTax and Coinbase, you can streamline your tax preparation process, maximize your savings, and stay compliant with IRS requirements.