Top TurboTax 2026 Discounts This Tax Season

Updated on Monday, February 2, 2026: For those of you getting around to filing your taxes, here is a comprehensive list of TurboTax’s top discounts to help you save a few bucks:

1. Get 20% Off TurboTax

Intuit is applying a 20% instant discount to TurboTax federal filing products purchased through its website until March 30, 2026. The discount applies only to the federal portion of a return and does not affect state filing fees. Any state-related costs are added separately during the filing process.

2. No-Cost Filing for First-Time TurboTax Users

Taxpayers who did not use TurboTax for the previous tax year can file both federal and state returns at no charge using the TurboTax mobile app. The free option is available only through the self-prepared filing experience. A range of income types is supported, including contract work, investments, and rental income.

3. Lower Pricing Earlier in the Season

TurboTax pricing is lower earlier in the tax season, with federal filing costs reduced by up to $40 through February 27, 2026. Filers may choose between completing their return independently or using professional assistance. Prices typically increase as the filing deadline approaches.

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. Tax Filing for Active-Duty Military Members

Active-duty service members in pay grades E1 through E9 are eligible to file at no cost using the TurboTax Freedom Edition. Service members above those pay grades may receive discounted pricing. Eligibility requires a military W-2 from the 2025 tax year.

6. Discounts Through Financial Institutions

TurboTax partners with various financial institutions and credit unions to provide exclusive discounts. Some of the most notable partnerships include AAA, Bank of America, Fidelity Investments, BECU, and Vystar,  If you’re a customer of a participating bank or credit union, check the “deals” or “partnerships” sections of your online banking portal for available promotions.

TurboTax and Lake Michigan Credit Union (LMCU)

Lake Michigan Credit Union (LMCU) continues its tradition of offering a TurboTax discount to its members for the 2026 tax season. Members can enjoy a 20% discount on TurboTax federal products by accessing the link provided in their online account. Note that this discount applies only to federal products and cannot be combined with other offers. Additionally, LMCU members can take advantage of a $25 discount on in-office tax preparation services from H&R Block.


Lake Michigan Credit Union (LMCU): Background and Tax Season Resources

History and Overview
Lake Michigan Credit Union, established in 1933, is a member-owned financial institution headquartered in Grand Rapids, Michigan. As one of the largest credit unions in the country, LMCU serves over 500,000 members with a range of financial products, including savings accounts, loans, mortgages, and tax-related resources.

Membership and Benefits
Joining LMCU is relatively straightforward. Membership is open to anyone who meets eligibility criteria, such as living, working, or worshiping in a qualifying area, or making a small donation to a partnered organization. Members benefit from competitive rates, low fees, and exclusive perks like the TurboTax discount.

Tax Document Access
LMCU provides members with easy access to tax-related documents:

  • Physical Documents: Tax forms such as 1098, 1099-INT, and 1099-MISC are mailed via USPS by January 31.
  • Digital Documents: Members opted into eStatements can access digital tax forms in the Tax Center within online banking. Mortgage-related documents are available in the mortgage portal.

Year-End Dividend and Interest Information
LMCU members receive year-to-date dividend and interest information on their December statements. Dividends under $10 are not reported to the IRS, but members are advised to consult a tax professional to determine their filing obligations.

When setting up direct deposit for tax refunds, members should use their full 12-digit account number and LMCU’s routing number, which can be found in the ‘Services’ section of online banking or the mobile app.

Benefits of LMCU for Tax Season

  • Convenience: Access tax documents and account information through online banking.
  • Discounts: Save on TurboTax and H&R Block services.
  • Support: While LMCU does not provide tax advice, members can consult professional resources for assistance.

Considerations

  • Tax documents are typically available by January 31, 2026 but members are encouraged to verify their mailing and email addresses to ensure timely delivery.
  • The TurboTax discount applies only to federal products, so those filing state taxes may need to explore additional resources.

Filing Taxes with LMCU: Tips and Best Practices

Using the Tax Center
LMCU’s online banking platform features a dedicated Tax Center, where members can:

  • View year-end interest and dividend summaries.
  • Access digital versions of 1099 and 1098 forms.
  • Retrieve account details for direct deposit setup.

Preparing for Tax Season

  • Verify Information: Double-check your contact information in online banking to ensure tax forms are sent to the correct address.
  • Consult Professionals: If your tax situation is complex, consider hiring a qualified tax professional to maximize deductions and ensure compliance with tax laws.

Filing Options
Members can choose from several filing options:

  • Use TurboTax or H&R Block software to file electronically.
  • Seek assistance from a tax professional for in-person preparation.
  • Leverage free filing options if eligible, such as the TurboTax Free Edition.

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