Updated on Saturday March 2, 2024: We are happy to report that TurboTax is once again back at Costco for 2024 and now available at all local warehouse stores!
Although their early season discount ended back in early February, you’ll still save on select CD/download versions of the software vs. the regular retail price. Here’s how much Costco is offering for each version at the moment:
- TurboTax Deluxe Federal and/or Deluxe Federal + State on sale for $55.99.
- TurboTax Premier Federal + State on sale for $82.99.
- TurboTax Home & Business on sale for $95.99.
- TurboTax Business (not available in warehouses, online only).
Just keep in mind that there is typically a limit of 2/each per customer. The applicable discount is automatically applied at checkout. Unfortunately, the online versions are not offered at Costco but you can still pick up a deal today at turbotax.intuit.com (online versions are now on sale through February 29, 2024 at 10% off).
What’s the difference between “CD/Download” versions and “Online” versions of TurboTax?
TurboTax’s ultimate goal is to help you file your tax return for tax year 2023. But the version you choose determines how you get it done.
If you pick up the CD/Download version of Deluxe, Premier, Home & Business, or Business at Costco then you will need to install the software on your personal computer. You will then only be able to use that computer to work on, file and submit your tax return using TurboTax. All your personal data will be locally stored on your machine. And unless you used TurboTax last year + the same computer to file your 2023 tax return, then you will also need to have your previous tax return handy to help you complete this year’s return.
On the flip side, if you decide to go with an “Online” version of TurboTax (our preferred method) then you will complete and file your tax return using your online TurboTax account. The benefits of this is that you can work on your tax return and save-as-you-go from any internet connected device; laptop, desktop, tablet and smartphone (including through the TurboTax app). That means you can start your return and, for example, your spouse can finish it off from a different device at a later date from where you left off. And if you used TurboTax Online last year then it remembers and instantly imputes last year’s tax data automatically for you where needed.
Which version of TurboTax do I need?
If you’re not sure if you need to buy Deluxe, Premier, Home & Business, or Business versions of TurboTax 2024, then be sure to get the lower-priced version of the two that you’re deciding on. That’s because regardless if you choose one of the CD/download versions or one of the online versions of TurboTax, you’ll also have an option to upgrade within the program if you need to based on your specific tax situation. The program will guide you through the process and if an upgrade is needed, then you will be directed to a payment option for the upgrade.
Before you run out to your nearest Costco or anywhere else to pick up a copy of TurboTax, be sure to see all the current TurboTax deals available today. Eligible military families and students with simple tax returns may also qualify for free filing with TurboTax this year. As we do every year, we’re tracking all of the top deals on TurboTax all season long through the April 18th tax deadline.
Questions & Comments
Not sure which version of TurboTax to buy? Found a better deal on TurboTax that you would like to share? Then leave your questions, thoughts and comments below.