Updated on Sunday, April 6, 2025: With Tax Day right around the corner, TurboTax is offering several exclusive discounts to make filing just a little bit more affordable. Here’s a look at our favorite offers available through April:

1) Extra 10% Off TurboTax Online Versions

TurboTax is offering an additional instant 10% coupon on all Online versions of its software, including Basic, Deluxe, Premier, and Self-Employed. This discount is available for federal tax products only and excludes state filings. While the offer cannot be combined with other promotions, it can be stacked with current end-of-season pricing on all online versions. This offer expires on April 15, 2025, so if you plan to take advantage of it, be sure to file before the deadline.

2) Partnership Discounts with Financial Institutions

TurboTax has teamed up with various financial institutions and credit unions across the United States to provide their customers with exclusive discounts. These deals can be accessed through your bank’s online portal under sections like “deals” or “partnerships.” That incudes Bank of America, AAA, TD Bank, BNY Mellon and USAA. The terms and availability vary by institution, so it’s worth checking out your bank or credit union to see what’s on offer.

3) TurboTax Free Edition for Simple Returns

For those with simple tax situations, TurboTax’s Free Edition provides a great no-cost option for both federal and state returns. It’s specifically designed for straightforward tax filings, such as Form 1040, and supports some basic credits like the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. However, this edition doesn’t cover more complex tax scenarios, such as business income, itemized deductions, or investments. Only about 37% of taxpayers are eligible for the Free Edition, so it’s essential to review your filing needs before choosing this option.

4) TurboTax Freedom Edition for Military Members

Active-duty military members ranked E1 through E9 can access the TurboTax Freedom Edition, which allows them to file their taxes for free. However, this offer is limited to lower-ranked service members, and higher-ranking personnel are not eligible for the free version but can still access discounts. To qualify for the Freedom Edition, military members must submit a military W-2 form from fiscal year 2024. This is a significant resource for active military members looking to file their taxes without incurring additional costs.

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TurboTax’s Discontinuation of Visa Cardholder Discounts for 2025

For many years, TurboTax offered discounts to Visa cardholders, allowing them to file their taxes for less during the tax season. However, for the 2025 tax year, TurboTax has decided to discontinue this benefit (the link no longer applies the discount).

Those looking for discounts can now explore other avenues, such as the special promotions listed above or partnerships with financial institutions, including the 10% off Online versions and the free filing options for new users. These alternatives can help offset the loss of the Visa cardholder discount, and they are available to a broader range of customers.

Understanding Visa and Its Role in Financial Services

Visa is one of the largest financial services companies in the world, known for its credit and debit card products. Established in 1958, Visa has become a major player in the global payments industry, offering a range of financial products designed to help consumers manage their money.

Visa operates a network that allows for the processing of payments between financial institutions and merchants. Visa’s cards are accepted at millions of locations around the world, making them a popular choice for consumers who prefer digital payments over cash.

One of the primary benefits of using a Visa card is its wide acceptance. Whether you’re shopping in person, online, or paying bills, Visa is recognized as a trusted form of payment. This extensive reach gives cardholders the flexibility to use their cards for a variety of transactions, both domestically and internationally.

In addition to its payment network, Visa offers several other financial services, such as fraud protection, credit monitoring, and rewards programs for certain types of Visa cards. These services provide added value to customers, helping them stay secure and make the most of their spending.

For taxpayers, Visa cards can offer convenience when it comes to paying for tax software or filing fees. While Visa has discontinued its specific partnership with TurboTax this year, cardholders can still use their Visa cards to pay for any tax preparation service they choose. The ability to make these payments quickly and securely remains a benefit to Visa cardholders, even if no discounts are currently available for TurboTax.

Visa’s Influence on Tax Filing

Although Visa cardholders no longer receive specific discounts for TurboTax here in 2025, Visa still plays a role in tax filing for many consumers. The ability to use a Visa card for payment offers convenience and security when paying for tax software or filing fees. In many cases, cardholders can earn rewards or cashback for purchases made using their Visa card, further enhancing the value of using Visa for financial transactions.

Additionally, Visa’s wide reach allows it to partner with a range of financial institutions, offering consumers access to additional benefits and discounts through those partnerships. Although TurboTax is no longer offering a Visa-specific discount this year, Visa cardholders can still explore these other financial institution-based deals, which may offer similar savings.

In the end, whether you use TurboTax or another tax preparation service, the convenience and security of Visa’s payment network make it an ideal option for managing your tax-related expenses.

Updated on Sunday, April 6, 2025: As this year’s tax deadline gets closer, be sure to take advantage of one TurboTax’s current discounts before you file. Here’s a look at all of the top deals available now through April:

1) 10% Off Instant Coupon on TurboTax 2025 Online Versions

TurboTax is offering an extra instant 10% discount on all its online software versions, including Basic, Deluxe, Premier, and Self-Employed. This offer applies only to federal tax products and does not cover state filings. The discount is valid until April 15, 2025, and can be combined with current end-of-season pricing on all do-it-yourself, “Live” Full-Service and “Assisted” versions. Just keep in mind that this deal cannot be combined with other TurboTax promotions or service codes.

2) Partnership Discounts with Financial Institutions

TurboTax has partnered with a variety of financial institutions and credit unions in the U.S., offering exclusive discounts to customers. Some of the most popular partners include Bank of America, Fidelity Investments, AAA, Vystar Credit Union and PNC Bank (a few former large partners such as Wells Fargo, Truist Bank and Vanguard are not offering discounts on TurboTax this year).  To access these discounts, check your bank or credit union’s online portal under sections like “deals” or “partnerships.” Each institution’s offer may differ, so it’s worth exploring the deals available through your bank.

3) TurboTax Free Edition for Simple Returns

TurboTax offers a free version of its software for those with basic tax filing needs. This edition covers federal and state returns for simple tax situations, such as filing Form 1040. It supports credits like the Earned Income Tax Credit (EITC), the Child Tax Credit, and the Student Loan Interest Deduction. However, it’s important to note that only about 37% of taxpayers qualify for the free edition, as it doesn’t include more complex tax situations like business income, itemized deductions, or investment income.

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USAA and TurboTax Discount for 2025

In 2025, USAA members can benefit from significant savings on TurboTax products, continuing a long-standing partnership. USAA offers exclusive discounts on TurboTax software for both its enlisted active-duty members and officers.

For enlisted active-duty and reserve members, USAA provides free federal and state tax returns through TurboTax Online for the 2025 tax season. To qualify, you’ll need to use your military W-2 form and verify your rank. This offer is available from December 4, 2024, to October 15, 2025. However, it excludes TurboTax Live Assisted and TurboTax Live Full Service products.

For active-duty and reserve officers, the discount offers free federal tax filing with TurboTax Online Deluxe. This deal is valid from December 4, 2024, to February 28, 2025, and is also limited to TurboTax Online products only (excluding TurboTax Live or CD/Download versions).

In addition to the free federal filing for military members, those using TurboTax for state filings can access discounts for TurboTax Online versions (Free Edition, Deluxe, Premium). This discount does not apply to TurboTax Live services or CD/Download versions.

USAA also offers discounts of up to 20% for its members on TurboTax Online, Live Assisted, Full Service, and desktop download products. This applies to federal tax products, and the savings are reflected in the prices listed on USAA’s TurboTax co-branded website.

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USAA: A Brief Overview

The United Services Automobile Association (USAA) was founded in 1922 by a group of U.S. Army officers who wanted to insure each other’s vehicles. Over time, USAA expanded its services to include banking, insurance, investments, and retirement products, providing members with a broad range of financial services.

USAA serves military members, veterans, and their families, making it a trusted institution for those in the armed forces. The company has built a reputation for its customer-focused approach, often winning high marks for customer satisfaction, particularly in the areas of auto insurance and financial products.

USAA’s core members are active-duty military personnel, veterans, and their immediate families. If you qualify, you can access a variety of products and services ranging from insurance to home loans, investments, and personal banking.

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USAA Membership: Benefits and Drawbacks

Benefits

• Tailored Services for Military Families: USAA understands the unique financial needs of military personnel. Whether it’s life insurance, auto insurance, or financial planning, USAA tailors its offerings to support the specific needs of active-duty service members, veterans, and their families.
• Financial Products: USAA provides a full spectrum of financial products, including checking accounts, savings accounts, credit cards, and loans. Members also have access to competitive mortgage rates, with special programs for military families.
• Insurance Coverage: USAA is particularly well-known for its auto and home insurance services. It often offers lower rates for military members, and its policies cover a wide range of needs, including home, auto, life, and renters insurance.
• Customer Support: USAA has a reputation for high-quality customer service, with 24/7 support and a focus on helping military families manage their finances. The company is frequently rated highly for its responsiveness and ease of doing business.
• Rewards and Discounts: Members can access a variety of discounts, including on TurboTax products, as well as rewards programs for credit cards. There are also discounts available for things like travel, car rentals, and shopping, making it easier for military families to stretch their budget.

Drawbacks

• Eligibility Requirements: While USAA offers valuable services, membership is only available to those who have served in the military or are immediate family members of someone who has. This limits the potential customer base for the organization.
• Limited In-Person Locations: USAA operates primarily online, with limited physical branch locations. While this is convenient for many, it can be a drawback for members who prefer face-to-face banking.
• Customer Service Variability: Although USAA is generally highly rated for customer service, some members report mixed experiences, particularly with claims processing or in complex cases. While these issues are not widespread, they can be frustrating.

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Signing Up for USAA

If you’re eligible for USAA membership, the sign-up process is relatively straightforward. You can begin by visiting their website and confirming your eligibility. After that, you’ll need to provide some basic personal information and documents to verify your military service or family connection.

Once you’ve been approved, you can set up an account online and start accessing USAA’s suite of products and services. The company’s website and mobile app make it easy to manage your finances, file insurance claims, pay bills, and even connect with customer support.

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USAA’s Role in Tax Season

USAA has consistently supported its members by providing access to valuable discounts during tax season. In partnership with TurboTax, USAA members can file their taxes online for free or at a significant discount.

For military members, these savings are especially valuable, as tax season can be a stressful time, particularly for active-duty personnel who may be deployed or otherwise unable to handle their tax filings on their own. By offering tools like TurboTax and free resources for tax preparation, USAA ensures that its members don’t miss out on essential tax benefits or deductions.

Tax Filing for USAA Members
During the 2025 tax season, USAA is continuing its long-standing partnership with TurboTax, offering discounts on tax preparation services. These discounts help military families save on tax software that might otherwise be costly. TurboTax’s easy-to-use platform is especially beneficial for military families dealing with multiple moves or unique tax situations, such as deployments or claiming military-related tax benefits.

Additionally, USAA offers an array of tax resources, including information on tax forms, annuities, and more, helping members navigate the complexities of filing their taxes. Whether you’re filing for the first time or are an experienced taxpayer, USAA’s comprehensive financial support can guide you through the tax season with less stress.

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As tax season approaches, USAA continues to be a reliable partner for military families, offering valuable tools like TurboTax discounts and other financial resources. If you’re eligible for membership, signing up for USAA can provide numerous benefits, particularly when it comes to tax preparation and other financial services. Whether you’re filing taxes, managing investments, or securing insurance, USAA offers a range of products designed to meet the specific needs of the military community.

This combination of financial services, exclusive discounts, and tailored resources makes USAA an indispensable ally during tax season and beyond.

Updated on Sunday, April 6, 2025: This year’s tax deadline is almost here and if you’ll be filing using TurboTax’s tax-prep software, then be sure to take advantage of one of the several discounts. Below are our favorite current offers (this list is updated on an ongoing basis through April 15th):

1. Extra 10% Coupon on TurboTax Online Versions

TurboTax is offering an extra 10% instant coupon on all of its Online versions, including Basic, Deluxe, Premier, and Self-Employed. The discount applies only to federal tax products and excludes state filings. Additionally, you can combine this discount with current end-of-season pricing on all do-it-yourself, full-service and assisted versions. Just remember, this promotion cannot be combined with other TurboTax discounts. The offer is valid until April 15, 2025.

2. Partnership Discounts with Financial Institutions

TurboTax has partnered with several financial major institutions and credit unions across the U.S. to provide exclusive discounts to their customers. To access these discounts, you’ll need to check your financial institution’s online portal, usually under sections like “deals” or “partnerships.” These deals may vary, so it’s worth exploring what offers your specific bank (such as Bank of America and U.S. Bank), credit union (such as BECU or NFCU), or auto club (such as AAA) may have for the 2025 tax season.

3. TurboTax Free Edition for Simple Returns

TurboTax’s Free Edition allows eligible taxpayers to file both federal and state returns at no cost. This version is best suited for simple tax situations, such as filing Form 1040. It also covers limited credits, like the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. However, only about 37% of taxpayers qualify for the Free Edition, as it doesn’t support more complex situations like business income or itemized deductions. If you meet the criteria, this is an excellent option for filing your taxes with minimal cost.

4. TurboTax Freedom Edition for Military Members

Active-duty military members ranked E1 through E9 can file their taxes for free using TurboTax’s Freedom Edition. This version is available to qualifying military personnel during the 2025 tax season, and it covers both federal and state filings. However, higher-ranking service members are not eligible for this free version but can still benefit from substantial discounts. To qualify, you must submit a military W-2 form from the 2024 fiscal year.

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No TurboTax Discount for BNY Pershing Customers in 2025

Unfortunately, BNY Pershing is no longer offering any discounts on TurboTax products this year. In previous tax seasons, BNY Pershing customers were eligible for special savings on TurboTax. However, the link for last year’s offer no longer applies any discount. It appears that this partnership has ended for the 2025 tax season, leaving BNY Pershing customers without a TurboTax discount option this year.

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Understanding BNY Pershing: History, Services, and How it Relates to Tax Season

BNY Pershing is one of the leading providers of financial services to institutional investors, wealth managers, and financial advisors. As part of the Bank of New York Mellon Corporation, BNY Pershing offers a wide range of services that help individuals and organizations manage their investments, taxes, and other financial needs.

History and Background
BNY Pershing traces its roots back to the early 1930s when it was founded as a small firm focused on securities trading. Over the years, it evolved, expanding its offerings to include clearing and custody services for financial institutions, as well as investment and wealth management solutions for individual clients.

In the 2000s, BNY Pershing became part of Bank of New York Mellon, one of the oldest and most respected financial institutions in the world. Today, BNY Pershing serves a wide range of clients, from large institutions to individuals working with financial advisors. Its services include wealth management, tax reporting, investment solutions, and a suite of tools designed to help clients optimize their portfolios and navigate tax season.

Services Offered by BNY Pershing
BNY Pershing provides a broad range of services tailored to the financial needs of individuals and institutions. These services include:

• Investment Solutions: BNY Pershing offers a variety of investment tools and platforms, helping clients manage portfolios and make informed financial decisions. Whether you’re investing in stocks, bonds, mutual funds, or alternative investments, BNY Pershing provides the infrastructure and guidance needed for successful investing.
• Tax Reporting Services: BNY Pershing is known for its tax reporting services, which help clients navigate the complexities of tax filing. Each year, BNY Pershing delivers 1099 tax forms to clients, which detail various income sources, including dividends, interest, and capital gains. These forms are an essential part of tax reporting for investment portfolios.
• Financial Advisor Services: The company provides various tools and resources for financial advisors, helping them manage client portfolios, execute trades, and ensure compliance with financial regulations. This is particularly valuable during tax season, as advisors can offer clients timely advice on tax-efficient investment strategies.
• Technology and Digital Tools: BNY Pershing also offers a wide array of digital tools to streamline the investing process. Their platforms provide real-time access to account information, trade execution, and investment research, which can help clients make informed decisions. Additionally, their tax reporting services include online access to your forms, making it easier to stay organized during tax season.

Sign-Up Process for BNY Pershing
If you’re interested in opening an account with BNY Pershing, the process is relatively straightforward. For individual investors, you typically need to work with a financial advisor who has access to BNY Pershing’s platform. The sign-up process involves providing personal identification information, such as your Social Security number, address, and financial details. Once your account is set up, you’ll have access to BNY Pershing’s full suite of services.

Institutions and financial advisors who wish to work with BNY Pershing can also sign up through a similar process, though the account setup may involve additional paperwork and regulatory compliance steps.

Benefits of Using BNY Pershing
There are several benefits to using BNY Pershing’s services, especially during tax season. Some of the key benefits include:

• Comprehensive Tax Reporting: As a custodian and clearinghouse, BNY Pershing handles tax reporting for many of its clients. By receiving 1099 forms detailing investment income, clients can easily access the information they need for tax preparation. This can save time and effort during tax season, making it easier to file taxes accurately.
• Expertise in Investment Management: BNY Pershing’s platform is widely used by financial advisors, which ensures that you have access to the expertise and knowledge of professional investment managers. This can help ensure that your portfolio is structured efficiently, not only for growth but also for minimizing tax liabilities.
• Variety of Investment Options: BNY Pershing offers a wide range of investment options, including retirement accounts, taxable investment accounts, and tax-advantaged products like IRAs. This variety allows clients to tailor their investments to their specific tax situation and financial goals.
• Robust Digital Tools: BNY Pershing’s online and mobile platforms are easy to use and provide real-time access to account information. This level of transparency is useful for tracking investments, managing portfolio performance, and keeping track of tax-related details.

Drawbacks of BNY Pershing
Despite its many benefits, there are some drawbacks to using BNY Pershing that are worth considering:

• Limited Direct Consumer Access: Unlike many banks or investment firms that allow individuals to directly open accounts, BNY Pershing’s platform is primarily used by financial advisors and institutions. As an individual, you would need to work with an advisor to take full advantage of their services, which may not be ideal for everyone.
• Higher Fees for Some Services: BNY Pershing’s services may come with higher fees compared to other custodians or platforms, especially for smaller investors. While institutional clients often benefit from discounted fees, individuals may face higher costs for account management or investment services.
• Lack of Personal Support: While BNY Pershing offers excellent services for financial advisors, individual investors may find that the level of customer support is not as personalized as they would like. Many interactions are managed through advisors, and direct customer service may not be as accessible for those who need hands-on assistance.

BNY Pershing’s Role During The 2025 Tax Season

During tax season, BNY Pershing plays a significant role by delivering important tax-related documents like 1099 forms. These forms provide a detailed breakdown of income earned through investments, including dividends, interest, and capital gains. Clients who have accounts through BNY Pershing typically receive these forms between January 31 and March 15, 2025, although the timing may vary depending on account activity and specific portfolio holdings.

For BNY Pershing clients, receiving accurate and timely tax forms is a critical part of the tax preparation process. These forms are necessary for filing taxes and ensuring that all income is reported correctly to the IRS.

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For those looking to manage their finances effectively, understanding the services and tools offered by financial institutions like BNY Pershing can help streamline investment management, especially during tax season. However, with no TurboTax discount available this year, clients may need to seek alternative methods of reducing their tax preparation costs.