Updated on Sunday, February 1, 2026: With the tax in full swing, TurboTax is offering exclusive discounts to make filing just a little bit more affordable. Here’s a roundup of the best deals that we could find:
1. 20% Off TurboTax Instant Coupon
TurboTax is offering a 20% off instant discount on federal tax filing products purchased directly from Intuit through March 30, 2026. The reduction applies after any seasonal pricing adjustments and affects only the federal return, not state filings. State returns are priced separately and added later in the process. The discounted amount appears automatically once the product is selected.
2. No-Cost (Yes, It’s Free!) Filing for New TurboTax Filers
Taxpayers who did not use TurboTax during the previous filing season can file for free using the TurboTax or Credit Karma mobile app. Selecting the do-it-yourself filing option allows both federal and state returns to be completed without charge. This free option is not limited to basic income and supports freelance, investment, and rental income. To qualify, the return must be filed in the app by February 28, 2026.
3. Early Filing Pricing Window
TurboTax offers lower federal filing prices earlier in the tax season, with potential savings of up to $40 for returns filed by February 27, 2026. Filers can choose how much help they want, from fully self-prepared returns to professional review.
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. TurboTax Freedom Edition for Military Filers
Active-duty military members in pay grades E1 through E9 are eligible to file at no cost through the TurboTax Freedom Edition. Service members above those ranks can access discounted pricing instead. A military W-2 from the 2025 tax year is required to qualify. The program is structured to simplify filing for those currently serving.
TurboTax and Charles Schwab: A 20% Discount for Clients
Charles Schwab clients once again have access to an exclusive TurboTax discount this year, continuing their long-standing partnership. The 20% discount applies to several TurboTax products, catering to a range of tax filing needs:
1. TurboTax Deluxe
Perfect for those looking to maximize deductions, TurboTax Deluxe helps track and apply itemized expenses like:
- Mortgage interest
- Charitable donations
- Medical expenses
2. TurboTax Premier
For individuals with investments, rental income, or cryptocurrency transactions, TurboTax Premier simplifies complex filings. It’s a great choice for those managing diverse assets or income streams.
3. TurboTax Self-Employed
Designed for freelancers, contractors, and small business owners, this version helps track business expenses, including mileage and other deductions unique to self-employment.
4. TurboTax Live and Full Service
These options are tailored for taxpayers who want professional support. TurboTax Live provides on-demand expert help, while Full Service lets a tax professional handle the entire filing process.
How to Redeem the Discount
Charles Schwab clients can access the discount by using a dedicated link provided through the Schwab platform.
Charles Schwab: History, Background, and Financial Resources
An Overview of Charles Schwab
Founded in 1971 by Charles R. Schwab, the company started as a small investment newsletter and grew into one of the largest financial institutions in the U.S. Schwab’s focus on empowering investors through low-cost, user-friendly investment solutions has made it a favorite among both individual and institutional investors.
Today, Charles Schwab offers a range of services, including brokerage accounts, retirement planning, wealth management, and tax-efficient investment strategies.
Schwab’s Mission and Approach
Schwab’s mission is centered on making investing accessible and affordable for everyone. By offering transparent pricing and a wide variety of investment options, Schwab has built a reputation for prioritizing client needs.
Charles Schwab and Taxes: How They Help During Tax Season
Tax-Efficient Investing
Schwab emphasizes tax efficiency in its investment strategies. From tax-loss harvesting to managing tax-advantaged accounts like IRAs and 401(k)s, Schwab helps clients minimize tax burdens while maximizing returns.
Financial and Tax Planning Tools
Schwab offers several tools to help clients stay on top of their taxes:
- Schwab Intelligent Portfolios: These automated portfolios are designed with tax efficiency in mind.
- Tax Resources: Schwab provides educational materials and calculators to help clients understand deductions, credits, and overall tax liability.
Tips for Tax Season Success
Here are some strategies to make the most of tax season, whether you’re using TurboTax, working with Schwab, or both:
- Stay Organized: Keep all necessary tax documents, such as W-2s and 1099s, in one place to streamline the filing process.
- Use Tax-Efficient Accounts: Maximize contributions to IRAs, HSAs, and other tax-advantaged accounts to reduce taxable income.
- Leverage Available Discounts: If you’re a Schwab client, take advantage of the 20% TurboTax discount to lower your filing costs.
- Seek Expert Advice: For complex tax situations, consulting a professional can save time and money.
Our Final Thoughts
TurboTax’s discounts and Charles Schwab’s client benefits make tax season more manageable. Whether you’re an individual filer with straightforward taxes or a business owner with more intricate needs, there are plenty of options to help you save money and file efficiently.
As always, staying informed and proactive is key to navigating tax season smoothly. By combining TurboTax’s user-friendly tools with Schwab’s financial expertise, you can feel confident about your tax preparation process this year.