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.

Updated on Sunday, April 6, 2025: April 15th is just around the corner, and whether you’re filing independently or seeking professional assistance, there are several ways to reduce costs on tax preparation software and services. If you’re planning on using TurboTax this year then here’s a breakdown of the current offers available from now through this year’s tax deadline:

1) 10% Off TurboTax Online Versions

TurboTax is offering an additional 10% instant coupon on all online federal products when purchased directly through Intuit. This is on top of current end-of-season pricing, making it an attractive option for those of you filing early. Note that the savings do not apply to state products, and this deal cannot be combined with other offers. The promotion runs until April 15, 2025.

2) QuickBooks Solopreneur Bundle – 50% Off

If you’re self-employed, the QuickBooks Solopreneur Bundle could streamline your bookkeeping and tax preparation. For a limited time, TurboTax is offering this bundle at half price for the first three months. Instead of the usual $20 per month, you’ll pay just $10 per month.

3) Free TurboTax Freedom Edition for Military Personnel

TurboTax supports active military members (ranks E1 through E9) by providing free access to its Freedom Edition. Higher-ranking personnel are not eligible for free access but can still receive a significant discount. To qualify, a military W-2 tax form from 2024 is required.

4) Credit Union and Financial Institution Discounts

TurboTax collaborates with numerous banks and credit unions to provide exclusive savings. Some of the major partnerships include Bank of America, Fidelity Investments, AAA, Suncoast Credit Union, Capital One, and BECU. These deals are typically listed under the “deals” or “partnerships” sections of online banking portals. For example, First Technology Federal Credit Union members can save 20% on TurboTax federal products this year (details below).

5) Free Edition for Simple Tax Returns

For taxpayers with basic financial situations, TurboTax’s Free Edition enables free filing of both federal and state returns. This edition is ideal for straightforward filings, such as Form 1040 submissions, and supports limited credits, including the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction. However, the Free Edition is not suitable for more complex scenarios, like itemized deductions, investment income, or business ownership. Roughly 37% of taxpayers qualify for this option.

6) H&R Block Alternative – 20% Off

If you prefer to explore other options, H&R Block offers 20% off its tax preparation software through April 15, 2025. Their software supports seamless data import from TurboTax, allowing users to switch platforms without hassle. Versions such as Basic, Deluxe+State, Premium, and Premium & Business are included in the discount.

---

First Technology Federal Credit Union and TurboTax Discounts for Members

Members of First Technology Federal Credit Union (commonly known as First Tech) can take advantage of a 20% discount on TurboTax federal products. This exclusive offer is available through a dedicated link within members’ online accounts. It’s important to note that the discount applies only to federal products, excluding state filings. Additionally, the deal cannot be combined with other TurboTax promotions.

---

First Technology Federal Credit Union: A Guide for Tax Season and Beyond

Background and History

First Technology Federal Credit Union is a member-owned, not-for-profit financial institution that primarily serves professionals in the tech industry. Established in 1952, First Tech is headquartered in Hillsboro, Oregon, and operates branches across the United States. Over the years, it has grown to become one of the largest credit unions, with more than 720,000 members and assets exceeding $16 billion.

First Tech distinguishes itself by focusing on technology-driven solutions and personalized financial services. Its offerings include savings and checking accounts, loans, credit cards, investment services, and various digital tools to help members manage their finances effectively.

Membership and Benefits

To join First Tech, individuals must meet certain eligibility criteria, such as being employed by a partner company, affiliated with an eligible organization, or residing in certain geographic areas. Family members of eligible individuals may also qualify.

First Tech members enjoy numerous benefits, including:

• Low Fees: As a credit union, First Tech typically charges lower fees compared to traditional banks.
• Competitive Rates: Members can access attractive rates on savings accounts, loans, and mortgages.
• Digital Accessibility: Advanced online and mobile banking platforms make it easy to manage accounts and access services.
• Community Focus: First Tech reinvests profits into member benefits, community programs, and financial education.

Potential Drawbacks

While First Tech offers a wide range of advantages, there are some considerations to keep in mind:

• Limited Branch Availability: Compared to national banks, First Tech has fewer physical branches, which may be inconvenient for some members.
• Eligibility Requirements: Membership is not open to everyone, as it depends on specific employment or geographic criteria.

---

Navigating Tax Season with First Tech

First Tech provides various resources to help members navigate tax season efficiently. From discounts on tax software to financial planning tools, here’s how you can make the most of your membership during this time.

Getting Started with Tax Preparation

Before diving into tax preparation, it’s crucial to organize all necessary documents. Here’s a checklist to guide you:

1. Personal Information: Gather Social Security numbers, dates of birth, and bank account details for direct deposits.
2. Income Documents: Collect W-2s, 1099s, and K-1s, as applicable.
3. Deduction Records: Compile receipts for deductible expenses, such as business costs, student loan interest, and charitable donations.

First Tech offers tools like transaction summaries and budgeting software to help members track expenses throughout the year, simplifying the documentation process.

Additional Tips for a Stress-Free Tax Season

• Check Your Refund Status: Use the IRS “Where’s My Refund?” tool to track your refund without needing to contact your tax preparer.
• Stay Alert to Scams: Protect yourself from tax-related fraud by filing early and avoiding suspicious communications claiming to be from the IRS.
• Understand Tax Reforms: Keep up-to-date with any legislative changes that could impact your return.

---

Financial Planning Beyond Tax Season

Tax season is an excellent time to assess your overall financial health and plan for the future. First Tech offers several tools and resources to help members achieve their financial goals, including savings accounts, retirement planning, and investment services.

For those receiving a tax refund, consider using it strategically. For example:

• Pay Down Debt: Reduce high-interest debt to improve your financial stability.
• Build Emergency Savings: Strengthen your financial safety net by increasing your savings.
• Invest for the Future: Explore First Tech’s investment options to grow your wealth over time.

Additionally, members can take advantage of flexible spending accounts (FSAs) and other pre-tax benefits to maximize their savings throughout the year.

Updated on Sunday, April 6, 2025: This year’s tax deadline is just around the corner and as always, TurboTax is offering a variety of discounts to help you save a few bucks when filing your return in time. Here’s a look at our favorite TurboTax 2025 discounts available from now through the end of April:

1) Extra 10% Off TurboTax Federal Products

TurboTax is providing an additional 10% instant coupon on its online federal tax products when purchased directly through Intuit. This offer stacks with the current end-of-season pricing, offering significant savings for those of you filing before April 15th. The discount is applicable only to federal tax filings and excludes state products. It also cannot be combined with other TurboTax offers. This promotion is valid until April 15, 2025.

2) 50% Off QuickBooks Solopreneur Bundle

For self-employed individuals and small business owners, TurboTax offers a 50% discount on the QuickBooks Solopreneur Bundle for the first three months. This bundle, available for just $10 per month (down from $20), is designed to simplify expense tracking, invoicing, and tax preparation.

3) TurboTax Freedom Edition for Military Members

Military personnel ranked E1 through E9 are eligible for TurboTax’s Freedom Edition at no cost. This version is tailored to meet the unique tax needs of active-duty service members. For those ranked higher than E9, discounted pricing is available instead. To claim the free or discounted option, a military W-2 form from fiscal year 2024 is required.

4) Discounts Through Financial Institutions

TurboTax frequently partners with major banks and credit unions to provide exclusive member discounts. This incudes Bank of America, AAA, MACU, Capital One, American Express, and Robinhood. Many of these offers can be accessed through your institution’s online banking portal under “deals” or “member benefits.” Checking for these promotions could help you save even more during tax season.

5) Free Edition for Simple Tax Returns

TurboTax’s Free Edition is designed for taxpayers with basic filing needs, such as individuals with straightforward returns (e.g., Form 1040). This option supports certain tax credits, including:

• Earned Income Tax Credit (EITC)
• Child Tax Credit
• Student Loan Interest Deduction

Users filing both federal and state taxes can do so at no cost with this edition. However, it doesn’t support more complex situations, such as business ownership, itemized deductions, or investment income. Approximately 37% of taxpayers qualify for the Free Edition, making it a good option for those with uncomplicated tax situations.

---

TurboTax Partnership with Randolph-Brooks Federal Credit Union (RBFCU)

For years, TurboTax has collaborated with Randolph-Brooks Federal Credit Union (RBFCU) to offer its members a special discount. This year, RBFCU members can enjoy a 20% discount on TurboTax federal products.

The discount is available exclusively through the RBFCU online portal, where members can follow the designated link to access the offer (no coupon or special offer code is needed). The savings apply only to federal tax filings and cannot be combined with other promotions. Additional terms and conditions may apply, with pricing determined at the time of purchase or e-filing. This partnership exemplifies RBFCU’s commitment to supporting its members during the busy tax season.

---

About Randolph-Brooks Federal Credit Union (RBFCU)

History and Background

Randolph-Brooks Federal Credit Union (RBFCU) was established in 1952 at Randolph Air Force Base in Texas. Initially created to serve military personnel and their families, RBFCU has since expanded its membership to include residents, employees, and businesses across select regions in Texas. Today, RBFCU stands as one of the largest credit unions in the United States, with over 1 million members and more than $15 billion in assets.

RBFCU’s mission is to provide affordable financial products and services while promoting financial education and security for its members. By focusing on low fees and competitive rates, the credit union aims to deliver value to its community.

Membership Eligibility and How to Join

Becoming an RBFCU member is simple. Eligibility extends to individuals who:

• Reside or work in specific counties in Texas.
• Are employees of select companies or organizations.
• Have family members who are existing RBFCU members.

Individuals who don’t meet these criteria can still join by making a small donation to an affiliated organization. Applications can be completed online or in person at a branch. Once approved, members gain access to a wide range of financial products, from basic savings accounts to specialized loan programs.

---

Tax-Related Tools and Resources for RBFCU Members

RBFCU provides several resources to assist its members during tax season. These tools are designed to simplify the process and ensure accuracy when filing returns.

Accessing Tax Forms

Members can easily retrieve their tax documents, such as the 1099-INT form, which details interest income earned on accounts. Here’s how to access these forms:

• Log into RBFCU’s Online Banking Portal and navigate to the Tax Forms section.
• Request a paper copy by visiting a local branch.

For accounts that earned less than $10 in interest, a 1099-INT may not be issued. However, year-to-date interest information can still be found in monthly account statements.

Financial Planning Services

RBFCU encourages members to consult with financial advisors to better prepare for tax season. Advisors can help identify deductions, review tax strategies, and ensure all financial documents are in order. Appointments can be scheduled online or in person at participating branches.

eStatements

RBFCU members can sign up for eStatements, which provide electronic access to account statements and tax documents. Going paperless has multiple advantages, including faster access to statements and reduced clutter. Through the online banking platform, members can view and download statements from previous years, as well as other financial notifications.

---

Financial Products and Services at RBFCU

RBFCU offers a comprehensive lineup of financial products to support its members’ needs throughout the year, including tax season.

Savings and Checking Accounts

RBFCU provides:

• High-Yield Savings Accounts: Competitive interest rates help members grow their savings over time.
• Free Checking Options: Accounts with no monthly fees and access to online and mobile banking tools.

Loans and Credit Products

RBFCU’s loan options include:

• Auto Loans: Low rates and flexible repayment terms.
• Personal Loans: Useful for consolidating debt or covering unexpected expenses.
• Mortgage Loans: RBFCU offers fixed and adjustable-rate mortgage options.

Credit card offerings feature low-interest rates and cashback rewards, which can help members earn money on everyday spending.

Retirement and Investment Services

RBFCU’s investment division provides retirement accounts, such as IRAs, and other long-term savings options. These tools are particularly valuable during tax season, as they may offer tax-deferred growth or deductions.

---

Benefits and Drawbacks of RBFCU

Advantages

• Affordable Products: RBFCU offers low fees, competitive interest rates, and valuable member benefits like the TurboTax discount.
• Comprehensive Digital Tools: The online and mobile platforms make account management and tax preparation convenient.
• Financial Education: The credit union emphasizes member education through webinars, tools, and financial planning resources.

Disadvantages

• Limited Geographic Reach: Membership and physical branches are concentrated in Texas, which may be less convenient for members outside this area.
• Product Availability: Certain services, such as specialized loans, may only be available to members meeting specific criteria.

---

Tax Season Tips for RBFCU Members

Preparing for tax season can be daunting, but RBFCU offers several tips to make the process smoother:

1. Double-Check Your Information: Ensure that routing and account numbers are correct to avoid delays with direct deposit refunds. RBFCU’s routing number is 3140 8958 2.
2. Organize Your Documents: Gather all necessary forms, including W-2s, 1099s, and other financial statements.
3. Consult an Advisor: Schedule a meeting with a financial professional to review your tax strategy and identify possible deductions or credits.

RBFCU’s partnership with TurboTax and its comprehensive financial tools make it a valuable ally during tax season. Members can take advantage of these resources to simplify their filing process while maximizing potential savings.