Updated on Sunday, April 6, 2025: For those of you finally getting around to filing your taxes, here is a comprehensive list of TurboTax’s 2025 discounts to help you save before the April 15th deadline:

1) Extra 10% Off TurboTax Online Versions
TurboTax is offering an additional 10% discount with instant coupon on its federal products when purchased directly through Intuit. This discount applies on top of current end-of-season pricing. Just keep in mind that this offer is exclusive to federal products and does not include any additional state filing fees. Valid through April 15, 2025, and cannot be combined with other TurboTax offers.

2) 50% Off QuickBooks Solopreneur Bundle
For self-employed individuals, the QuickBooks Solopreneur Bundle is available at a 50% discount for the first three months. This reduces the cost from $20 per month to $10 per month, providing a cost-effective tool for managing your business finances during tax season.

3) TurboTax Freedom Edition for Military Personnel
TurboTax provides a free option for active-duty military members ranked E1 through E9 through its Freedom Edition. Those with higher ranks can still access a discounted version. To take advantage of this offer, a military W-2 tax form from fiscal year 2024 is required.

4) 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.

5) TurboTax Free Edition for Simple Returns
If your tax situation is straightforward, the TurboTax Free Edition might be the right choice. It allows eligible taxpayers to file both federal and state taxes at no cost. This edition is ideal for Form 1040 filings and supports a limited set of credits, such as the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. However, only about 37% of taxpayers qualify, as the Free Edition does not support complex scenarios like business ownership, itemized deductions, or investment income.

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 2025 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, 2025 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.

Updated on Sunday, April 6, 2025: With the April 15th tax deadline fast approaching, TurboTax has several deals now live to help you file in time. Here are our favorites:

• 1) Get an Extra 10% Off TurboTax Online:
  Save an additional 10% on TurboTax Online federal products with instant coupon, when ordering directly through Intuit. This discount is on top of current end-of-season pricing. Just note, offer does not apply to state products and cannot be combined with any other coupons. The promotion runs until April 15, 2025.
• 2) TurboTax Freedom Edition for Military Personnel:
  Active-duty military personnel ranked E1 through E9 can use TurboTax Freedom Edition for free. Those ranked above E9 receive a discount but are not eligible for the free version. A valid military W2 form from the 2024 fiscal year is required.
• 3) 50% Off QuickBooks Solopreneur Bundle:
  For freelancers and small business owners, the QuickBooks Solopreneur Bundle is available at half price for the first three months, dropping the monthly cost from $20 to $10.
• 4) Bank and Credit Union Discounts:
  TurboTax partners with several financial institutions to offer exclusive discounts ranging from 10% to 20% off. That incudes major institutions such as AAA, Bank of America, PenFed, BECU, Fidelity, and  First Tech. Check your bank or credit union’s deals section to see if any offers are available.
• 5) TurboTax Free Edition for Simple Returns:
  Designed for individuals with straightforward tax situations, the Free Edition allows eligible users to file both federal and state taxes at no cost. It supports basic filings like Form 1040 and certain credits, such as the Earned Income Tax Credit (EITC) and Child Tax Credit. However, only about 37% of taxpayers qualify, as it excludes complex scenarios like itemized deductions, business ownership, or investments.

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TurboTax Discount for VyStar Credit Union Members:

VyStar Credit Union members are eligible for a 20% discount on TurboTax federal products. To access the discount, log in to your VyStar online account and follow the provided link. Keep in mind:

• The discount applies only to TurboTax federal products, not state filings.
• Offers cannot be combined with other TurboTax promotions.
• Pricing and terms may vary based on the product selected and are subject to change without prior notice.

VyStar has a history of collaborating with TurboTax, consistently offering members discounts during tax season. This partnership simplifies the filing process while providing savings for eligible members.

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About VyStar Credit Union:

History and Background:

Founded in 1952 in Jacksonville, Florida, VyStar Credit Union began as Jax Navy Federal Credit Union, serving military personnel. Over time, it expanded its membership criteria to include residents and businesses across Florida and parts of Georgia. Today, VyStar is one of the largest credit unions in the United States, with over 800,000 members and billions in assets.

Membership and Services:

VyStar offers a range of financial services, including savings accounts, loans, credit cards, and financial education tools. Membership is open to anyone living or working in Florida or parts of Georgia. Joining requires a small initial deposit, typically $5, into a savings account.

Tax-Related Services:

VyStar provides several resources to help members during tax season:

• TurboTax Discount: A direct link to TurboTax’s 20% off promotion for federal filings.
• United Way of Northeast Florida’s RealSense™ Program: Members can access free tax preparation services through RealSense, which helps eligible individuals and families file federal returns. Appointments are available across Northeast Florida counties, including at certain VyStar branches.
• MyFreeTaxes.com: An online platform for eligible individuals to file simple federal tax returns at no cost.

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Benefits and Cons of VyStar Membership:

Benefits:

• Member-Focused Services: As a not-for-profit institution, VyStar prioritizes member needs over profits, offering lower fees and competitive rates.
• Access to Discounts: Partnerships with companies like TurboTax provide exclusive savings.
• Community Involvement: VyStar actively supports local communities through financial literacy programs and charitable initiatives.

Cons:

• Limited Accessibility: Membership is restricted to residents in certain regions, which may limit availability for some individuals.
• Fewer Branches Compared to Banks: While VyStar has numerous branches in Florida, it may not be as accessible as nationwide banks for non-members.

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Filing Resources and Forms:

VyStar members can download commonly used IRS tax forms directly from their website or through links to the IRS site. These include:

• 1040: Standard U.S. Individual Income Tax Return.
• 1040-SR: Tailored for taxpayers aged 65 and older.
• W-4: Employee’s Withholding Certificate.
• W-2: Wage and Tax Statement for employees.
• 1099: Used for non-employee income, including freelance work.
• 4868: Application for an extension to file taxes.

Additional forms like Schedules A through SE are also accessible, covering itemized deductions, capital gains, and self-employment taxes.

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Protecting Yourself During Tax Season:

Tax identity theft is a growing concern, where criminals file fraudulent returns using stolen Social Security numbers. Protect yourself with these tips:

• File taxes early to prevent fraudulent filings under your SSN.
• Use strong passwords for financial accounts.
• Avoid sharing sensitive information online or through unsecured channels.
• Shred documents containing financial information before discarding them.

If you suspect tax identity theft:

1. Submit IRS Form 14039 (Identity Theft Affidavit).
2. File your return by mail if electronic filing is rejected.
3. Contact the IRS and respond to correspondence promptly.
4. Place fraud alerts with credit bureaus and consider freezing your credit.

VyStar partners with CyberScout® to offer identity protection services, including credit monitoring and fraud alerts. Members can explore these services to enhance security.

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Contact Information:

VyStar members seeking assistance with taxes, identity theft, or other financial matters can contact the credit union’s representatives. The contact center is open Monday through Saturday from 7:00 a.m. to 7:00 p.m., excluding holidays.

Phone Numbers:

• Local: 904-777-6000
• Toll-Free: 800-445-6289

For more information, visit VyStar’s website or consult their financial literacy resources.

Updated on Sunday, April 6, 2025: This year’s tax deadline is just around the corner 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 April:

• 1) Extra 10% Off TurboTax Online: TurboTax is offering an additional 10% off instant coupon on its federal products when purchased directly through Intuit. This is on top of current end-of-season pricing. Note that the offer excludes state products and cannot be combined with other discounts. Offer valid through April 15, 2025.
• 2) TurboTax Freedom Edition for Military Members: Active-duty military personnel ranked E1 to E9 can access TurboTax Freedom Edition for free. Higher-ranking service members receive a discount rather than free access. Eligibility requires a military W-2 tax form from 2024.
• 3) 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.
• 4) TurboTax Free Edition for Simple Returns: For individuals with straightforward tax filings, the Free Edition allows users to file both federal and state taxes at no cost. It supports basic tax situations such as Form 1040 filings and select credits like the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. However, only around 37% of taxpayers qualify, as it doesn’t handle more complex filings, such as those involving business ownership, investments, or itemized deductions.

No TurboTax Discount for Wells Fargo Customers in 2025

Unlike previous years, it appears that TurboTax is not providing a discount for Wells Fargo customers during the 2025 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 2025: 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 2025 tax season.