
Updated on Monday, February 2, 2026: It’s once again that time of the year to file our tax returns. If you typically use TurboTax or are considering trying them out for the first time, here’s a look at all of their current deals available today:
1. 20% Off TurboTax Federal Tax Software Discount
TurboTax is offering a 20% discount on federal filing products purchased directly from Intuit through March 30, 2026. The discount only applies to federal returns; state filing fees are separate. Eligible products automatically show the reduced price at checkout.
2. Free Filing for New TurboTax Users
If you didn’t use TurboTax last year, you can file both federal and state returns for free via the TurboTax or Credit Karma mobile app. This self-guided option supports income from freelancing, investments, and rental properties. Returns must be filed in the app by February 28, 2026 to qualify.
3. Early-Bird Filing Discount
Filing early can save up to $40 on federal returns through February 27, 2026 (prices then increase though the April 15th deadline). You can file independently or with professional help.
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 Military Members
Active-duty service members in pay grades E1 through E9 can file for free using TurboTax Freedom Edition. Higher-ranking members are eligible for discounted pricing. A military W-2 from 2025 is required. This edition handles tax situations common in military households.
6. Partner Discounts with Financial Institutions
TurboTax collaborates with various financial institutions, including banks and credit unions, to provide exclusive discounts to their members. That incudes major companies such as Bank of America, PenFed, AAA, BECU, Fidelity Investments, and Global Credit Union. To take advantage of these offers, users should check their bank or credit union’s online portal under sections like “Deals” or “Partnerships.” While specific discounts may vary, this approach can unlock additional savings on TurboTax products.
TurboTax and GreenState Credit Union
Unlike previous years, GreenState Credit Union is not offering its members a TurboTax discount for the 2026 tax season (at least, we can’t find it anywhere). This change marks a departure from past partnerships that provided members with exclusive savings on federal tax products. While GreenState members have often enjoyed such benefits in previous tax seasons, they’ll need to explore other avenues for discounts this year. For instance, checking other financial institutions or leveraging public TurboTax promotions could help offset the cost.
About GreenState Credit Union
History and Background
GreenState Credit Union, originally founded in 1938 as the University of Iowa Community Credit Union, has grown into one of the largest credit unions in Iowa. With a membership base exceeding 400,000 and assets worth over $10 billion, it serves communities across Iowa and several surrounding states. GreenState’s mission focuses on delivering affordable financial services while promoting economic development in its service areas. Its roots as a community-based institution underscore its commitment to providing personalized support to members.
Membership and Services
Becoming a GreenState Credit Union member is relatively simple. Membership is open to residents of Iowa, nearby states, and anyone who supports GreenState’s affiliated charities. A modest deposit to open a savings account is required to establish membership.
GreenState offers a wide range of services, including:
- Savings and Checking Accounts: Members can access competitive rates, no hidden fees, and overdraft protection options.
- Loans: This includes auto loans, home loans, and personal loans with flexible repayment terms and competitive interest rates.
- Credit Cards: Members can benefit from low-interest credit cards with cash-back rewards.
- Investment Services: GreenState provides financial advisory services to help members plan for retirement and manage investments.
- Online and Mobile Banking: Their digital platform offers convenience for tasks such as bill payments, transfers, and account monitoring.
Pros and Cons of GreenState Credit Union
Pros:
- Community-Oriented Approach: GreenState’s not-for-profit model reinvests earnings into better rates and services for members.
- Broad Service Options: A diverse array of financial products tailored to individual needs.
- Lower Fees: Compared to traditional banks, GreenState typically offers lower fees and higher interest rates on savings accounts.
Cons:
- Membership Restrictions: Availability is limited to certain geographic areas, though the credit union’s outreach has expanded in recent years.
- Fewer Branch Locations: Members outside major service areas may face limited physical access, though online services compensate for this to some extent.
Financial Planning Tips for Tax Season
As tax season approaches, it’s worth considering a few key strategies to make the most of your finances:
Maximize Retirement Contributions
Contributing to retirement accounts like IRAs can provide significant tax advantages. For 2026, individuals can contribute up to $6,500 to a traditional or Roth IRA, with an additional $1,000 “catch-up” contribution for those aged 50 and older. Keep in mind that income limits apply to Roth IRA contributions, and withdrawals from traditional IRAs are subject to taxation and potential penalties for early withdrawals.
Explore Charitable Deductions
Charitable donations are tax-deductible if you itemize deductions on your return. Ensure you maintain proper documentation, such as receipts or written acknowledgment from the charity. Note that pledges are not deductible unless the donation has been completed within the tax year.
Utilize Home Office Deductions
For those operating a business from home, a portion of expenses such as utilities and internet costs may be deductible. The IRS requires exclusive use of the home office space for business purposes, so consult a tax professional to ensure compliance.
Open a Health Savings Account (HSA)
HSAs offer triple tax advantages: contributions are tax-deductible, growth is tax-free, and withdrawals for qualified medical expenses are not taxed. For 2026, contribution limits are $3,850 for individuals and $7,750 for families, with an additional $1,000 catch-up contribution for those 55 and older.
Adjust Asset Allocation for Tax Efficiency
Strategically placing tax-inefficient assets in pre-tax accounts while keeping tax-efficient investments in taxable accounts can optimize your portfolio’s performance. This tactic, known as tax-efficient asset location, minimizes the tax impact on your investment returns.
GreenState Credit Union members may not benefit from a TurboTax discount this year, but other opportunities for financial savings and effective tax preparation remain available. By exploring these strategies and leveraging existing discounts or resources, taxpayers can still approach the season with confidence.




