Updated on Sunday, February 1, 2026: TurboTax is rolling out several early-season discounts to help make your tax filing more affordable. Here’s a roundup of our favorite offers available right now:
1. Federal Filing 20% Off Instant Coupon
TurboTax is offering a 20% price reduction on federal tax filing products purchased directly through Intuit through March 30, 2026. The reduction is applied after any existing seasonal pricing and applies only to the federal portion of a return. State filing fees are not included in this offer. The adjustment appears automatically during checkout for eligible purchases.
2. Free Filing for First-Time TurboTax Users
Taxpayers who did not use TurboTax in the prior filing year can complete their returns for free using the TurboTax mobile app. Choosing the self-prepared filing option allows both federal and state returns to be submitted without cost. This option supports a range of income types, including freelance earnings, investments, and rental income. The free filing benefit is available only when the return is completed through the mobile app.
3. Early Filing Discounts
TurboTax provides reduced pricing for returns filed earlier in the season, with potential savings of up to $40 on federal returns submitted by February 27, 2026. Filers may still choose their preferred level of assistance, whether filing independently or working with a tax professional.
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 Personnel
Active-duty military members in pay grades E1 through E9 can file their taxes at no cost using the TurboTax Freedom Edition. Service members above those pay grades are eligible for discounted pricing. A military W-2 from the 2025 tax year is required to qualify. This program is intended to reduce the burden of tax filing for active-duty service members.
6. Credit Union and Financial Institution Discounts
TurboTax has partnered with various financial institutions and credit unions across the country to offer exclusive discounts. Members can typically find these deals through their bank or credit union’s online portal under “deals” or “partnerships.”
TurboTax and Technicolor Federal Credit Union Partnership
For 2026, Technicolor Federal Credit Union (TFCU) is continuing its partnership with TurboTax to provide members with a 10% discount on TurboTax products. This collaboration is especially beneficial during tax season, as it offers an opportunity to save on essential tax preparation services.
TurboTax Discount for TFCU Members
The 10% discount applies to a variety of TurboTax services, including:
- TurboTax Deluxe: Ideal for maximizing deductions, such as those for homeowners or charitable donations.
- TurboTax Premier: Designed for taxpayers with investments, rental income, or cryptocurrency transactions.
- TurboTax Self-Employed: Tailored to freelancers and small business owners, with guidance on industry-specific deductions.
- TurboTax Live and Full Service: Includes live tax expert support or fully managed tax preparation services for added convenience.
The Free Edition of TurboTax, which caters to simple returns, is not eligible for this discount as it’s already free. TFCU members can access the discounted services via a dedicated TurboTax link on the credit union’s website. This offer is valid throughout the 2025 tax season.
About Technicolor Federal Credit Union
History and Background
Technicolor Federal Credit Union was founded in 1952 to serve employees of Technicolor, Inc., a pioneer in the entertainment and media industries. Over the decades, TFCU has expanded its membership to include employees of related companies, contractors, and their families. The credit union is headquartered in Burbank, California, a hub for the entertainment industry.
Membership and Eligibility
TFCU’s membership is focused on individuals and families in the entertainment sector. Eligibility typically extends to:
- Employees of Technicolor, Inc., and affiliated companies.
- Freelancers, contractors, and other professionals in the media industry.
- Immediate family members of eligible individuals.
A small initial deposit in a share account is required to establish membership.
Services and Offerings
Technicolor Federal Credit Union provides a range of financial services tailored to its members’ unique needs:
- Savings and Checking Accounts
TFCU offers high-interest savings accounts and low-fee checking accounts, making it a practical choice for everyday banking. - Loans and Credit Options
Members benefit from competitive rates on auto loans, mortgages, and personal loans. These favorable terms are often better than those offered by larger banks. - Certificates of Deposit (CDs)
CD options with attractive interest rates are available for members looking to grow their savings. - Entertainment Perks
In addition to financial services, TFCU provides discounts on tickets to movies, concerts, and other entertainment events. - Educational Resources
The credit union frequently hosts financial literacy workshops and seminars, offering valuable insights on budgeting, taxes, and long-term financial planning.
Benefits of TFCU Membership
- Member-Focused Service: As a member-owned cooperative, TFCU reinvests profits into improving services and lowering fees.
- Tailored Financial Products: With a deep understanding of the entertainment industry, TFCU caters to the specific needs of freelancers and contract workers.
- Community Engagement: Members benefit from networking events, workshops, and other initiatives that foster a sense of community.
- Access to Shared Branching: TFCU participates in the CO-OP Shared Branching network, providing access to thousands of credit union locations nationwide.
Drawbacks to Consider
While TFCU offers several advantages, there are a few limitations:
- Limited Branch Locations
With its main office in Burbank, members outside the Los Angeles area may find it inconvenient to visit a physical branch. - Restricted Membership Eligibility
Membership is limited to those with ties to the entertainment industry, which may exclude individuals outside this niche. - Smaller Technology Platform
TFCU’s online and mobile banking tools, while functional, may lack some of the advanced features offered by larger financial institutions.
How TFCU Supports Members During Tax Season
Tax season can be a stressful time, but TFCU provides resources to help members navigate it smoothly. In addition to the TurboTax discount, TFCU offers:
- Tax Preparation Assistance: Collaborations with tax professionals to provide discounted or free services.
- Financial Literacy Workshops: Educational events focusing on tax planning, deductions, and financial strategies.
- Refund Management: Encouraging members to deposit refunds into savings accounts to bolster financial stability.
Tax Season Tips for TFCU Members
To make the most of tax season, consider these tips:
- Organize Early: Gather all necessary documents, such as W-2s, 1099s, and receipts for deductions, ahead of time.
- Maximize Deductions: Use tax preparation tools to identify all eligible credits and deductions.
- File Electronically: Filing online is faster and often results in quicker refunds.
- Consult Experts for Complex Returns: TurboTax Live or a professional advisor can provide peace of mind for complicated financial situations.
Our Final Thoughts
The 10% TurboTax discount for Technicolor Federal Credit Union members is a valuable perk that aligns with the credit union’s mission to support its members’ financial well-being. Combined with TFCU’s tailored services, competitive rates, and educational resources, this partnership makes navigating tax season simpler and more affordable.
While TFCU’s niche focus and limited branch access may not suit everyone, its commitment to its members and deep understanding of the entertainment industry make it a standout choice for eligible individuals. If you’re part of TFCU, take advantage of the TurboTax discount and other resources to make this tax season as seamless as possible.