Updated on Monday, February 2, 2026: Tax season is back again and if you’re planning on using TurboTax to file your return, there’s a range of savings tailored to different needs. Here’s a summary of the current TurboTax deals than you can pick up now through the end of February:

1. 20% Off Instant Discount

Intuit is offering an instant 20% discount on TurboTax federal filing products purchased directly through its platform, with the offer running until March 30, 2026. The reduction applies solely to the federal return and does not extend to state filings. State returns are priced separately and added during the checkout process. The adjusted pricing appears automatically when an eligible product is selected.

2. App-Based Free Filing for First-Time TurboTax Users

Taxpayers who did not use TurboTax during the prior filing year can complete their federal and state returns at no cost using the TurboTax mobile app. This option is available only through the self-guided filing path. The free filing offer supports a variety of income sources, including contract work, investment income, and rental properties. Returns must be filed in the app by February 28, 2026 to remain eligible.

3. Lower Rates for Early Submissions

TurboTax pricing increases as the filing season progresses, making early filing the least expensive option for many users. Federal returns filed by February 27, 2026 may cost up to $40 less than later submissions. Filers can still choose between self-preparation and professional assistance.

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. Military-Specific Filing Option

Active-duty service members in pay grades E1 through E9 are eligible to file for free using the TurboTax Freedom Edition. Those in higher pay grades are offered discounted pricing rather than full free access. A military W-2 from the 2025 tax year is required to verify eligibility. This edition is structured to accommodate filing needs common to military households.

6. Collaborations with Financial Institutions

TurboTax often partners with major banks and credit unions to provide exclusive discounts for qualifying members. Some of the more popular partnerships include Bank of America, AAA, Fidelity Investments, Vanguard, Bethpage, NFCU, and Charles Schwab. Check your financial institution’s portal under the “deals” or “partnerships” sections to find potential offers.

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No TurboTax Discount for Wells Fargo Customers in 2026

Unlike previous years, it appears that TurboTax is not providing a discount for Wells Fargo customers during the 2026 tax season. Historically, TurboTax had partnered with Wells Fargo to offer exclusive savings on its tax preparation products, but this collaboration is not in place this year. While this change may disappoint some Wells Fargo account holders, there are still other discounts available through TurboTax’s promotions or partnerships with other financial institutions. For Wells Fargo customers, taking advantage of TurboTax’s direct discounts or exploring alternatives like H&R Block may be the best options.

Wells Fargo: History, Services, and Tax-Related Information

Wells Fargo, one of the largest financial institutions in the United States, traces its roots back to 1852. Established during the California Gold Rush, the company began as a banking and express delivery service. Over the decades, it expanded to become a household name in financial services, with offerings that include banking, investments, and lending.

Signing Up for Wells Fargo Services

Opening an account with Wells Fargo can be done online or at one of its many branch locations nationwide. Customers can choose from various account types, such as checking, savings, credit cards, mortgages, personal loans, and investment accounts. The bank also provides digital banking services, allowing users to manage their accounts, transfer funds, and pay bills through its mobile app and website.

Tax Documents and Deadlines for Wells Fargo Customers

Wells Fargo issues tax documents based on account activity, and understanding these documents is crucial for tax preparation. Here’s an overview of the types of tax documents Wells Fargo provides:

• Checking, Savings, or Other Deposit Accounts: If you earned $10 or more in interest, you’ll receive a 1099-INT form.
• Mortgage and Home Equity Accounts: Customers who paid interest on their loans will receive a 1098 form.
• Brokerage Accounts: Tax documents are issued if you earned $10 or more in dividends, interest, or capital gains distributions. Proceeds from sales are also reported.
• Retirement Accounts: A 1099-R form is provided for distributions of $10 or more.
• Trust Accounts: Tax documentation depends on the specific activity within the account. For detailed information, customers are advised to contact their Relationship Manager.

Tax documents are mailed no later than January 31, or February 15, 2025 for brokerage accounts. For those who close their accounts, paper tax documents will be sent by mail. Active customers with online access can download their documents via the Wells Fargo portal.

Tax Season Tips for Wells Fargo Customers

• Reviewing Statements: Check year-end statements to verify whether you should receive tax documents. For example, a 1098 form is issued only if you paid interest on a mortgage loan, while a 1099-INT is provided for earning $10 or more in interest on deposit accounts.
• Accessing Documents Online: Use Wells Fargo’s online banking platform to view and download tax forms. Note that while you can print these documents, they cannot be directly uploaded to tax preparation software like TurboTax.
• Brokerage and Retirement Accounts: Federal reporting requirements may result in discrepancies between year-end statements and official tax documents. If unsure, consult a financial advisor or Relationship Manager.

Wells Fargo’s Role in Financial Planning

Wells Fargo offers various tools and resources to help customers manage their finances, including:

• Budgeting Tools: Through its mobile app, customers can track spending, set savings goals, and analyze financial trends.
• Investment Options: Wells Fargo’s investment arm provides opportunities to grow wealth through mutual funds, stocks, bonds, and retirement accounts.
• Credit Resources: The bank offers credit counseling and monitoring to help users maintain good credit health.
• Educational Content: Wells Fargo’s website features articles and tools to educate customers on financial topics, including saving for taxes and managing debt.

Benefits and Drawbacks of Banking with Wells Fargo

Benefits:

• Wide Accessibility: With thousands of branches and ATMs nationwide, Wells Fargo offers convenient access to banking services.
• Comprehensive Product Line: The bank provides a wide range of financial products, making it a one-stop shop for many customers.
• Robust Digital Tools: The Wells Fargo app and online banking platform are user-friendly and packed with features.

Drawbacks:

• Fees: Some accounts come with monthly maintenance fees, which can be waived only under certain conditions.
• Past Controversies: Wells Fargo has faced scrutiny for past practices, including account fraud scandals. While the bank has taken steps to rebuild trust, some customers remain cautious.
• No TurboTax Discount in 2026: This year’s lack of a TurboTax partnership might be a disadvantage for those accustomed to this perk.

Tax Filing Tips for Wells Fargo Customers

• Organize Early: Gather all necessary documents, such as W-2s, 1099s, and year-end account statements, well before the filing deadline.
• Leverage Resources: Use Wells Fargo’s financial tools to track deductible expenses, such as mortgage interest or charitable contributions.
• Consult Professionals: If your tax situation is complex, consider working with a tax advisor or using comprehensive software like TurboTax or H&R Block.

By staying informed about Wells Fargo’s offerings and utilizing available resources, customers can streamline their tax preparation process and make the most of the 2026 tax season.