Updated on Sunday, February 1, 2026: The 2026 tax season is here again, and TurboTax is offering several discounts to help you save on your tax prep fees. Whether you’re a first-time filer, self-employed, or a military service member, TurboTax has several options available. Here’s a breakdown of the current offers now live:
1. 20% Off TurboTax Federal Tax Filing Discount
TurboTax offers a 20% discount on federal tax filing products purchased directly from Intuit through March 30, 2026. The discount applies after seasonal pricing and only affects the federal portion of a return, with state filing handled separately. Eligible savings are applied automatically at checkout.
2. Free Filing for First-Time TurboTax Users
If you didn’t use TurboTax last year, you can file your taxes for free through the TurboTax or Credit Karma mobile app. The self-guided option allows both federal and state returns to be completed at no cost. This option supports income from side work, investments, or rental property as well. Must return in the app by February 28, 2026 to have the fees waived.
3. Early Filing Discount
TurboTax offers early-season pricing that can save up to $40 on federal returns filed by February 27, 2026. Filers can still choose the level of help they want, from handling everything themselves to consulting 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 Members
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 designed to make filing simpler and more efficient for service members on active duty.
6. Exclusive TurboTax Discounts Through Banks and Credit Unions
TurboTax partners with many financial institutions and credit unions across the country to provide exclusive discounts for their members. To access these offers, customers should visit their bank or credit union’s online portal and look for the “deals” or “partnerships” sections, where these promotions are typically listed. These discounts are a great way to save on TurboTax software if you already have an account with a participating financial institution.
What the 20% Discount for Wealthfront Customers Covers
Wealthfront clients who use TurboTax can enjoy the 20% discount on several key versions of the software, each tailored to different types of tax filers:
- TurboTax Deluxe: Ideal for those looking to maximize deductions. It’s particularly useful if you have itemized expenses such as mortgage interest, medical costs, or charitable donations.
- TurboTax Premier: This version is geared towards individuals with investments, rental income, or cryptocurrency transactions. If you have more complex assets or income sources, Premier helps simplify the filing process.
- TurboTax Self-Employed: Specifically designed for freelancers, contractors, and small business owners, TurboTax Self-Employed helps track business expenses, including mileage, and ensures you don’t miss out on industry-specific deductions.
- TurboTax Live and Full Service: These options are great for those who want professional assistance. TurboTax Live provides expert help on demand, while Full Service lets you outsource the entire filing process, with a tax expert handling all the details.
To redeem this offer, Wealthfront customers can use a special link provided by the platform. This ensures that the discount is automatically applied at checkout, making the process easy and straightforward.
TurboTax and Wealthfront: A Continuing Partnership
TurboTax and Wealthfront have partnered for several years to offer tax filing solutions and discounts for Wealthfront clients. Wealthfront is an online wealth management platform that helps individuals manage their finances, investments, and tax strategies. By offering a 20% discount on TurboTax, Wealthfront is ensuring that its users can benefit from an easy-to-use, reliable tax software while also saving money during tax season.
The collaboration between TurboTax and Wealthfront is beneficial for customers who use Wealthfront’s financial services and want to keep their tax filing process simple and cost-effective. As with other bank and credit union partnerships, Wealthfront customers gain access to this discount through a special link, ensuring they can apply the savings without additional hassle.
Wealthfront: A Key Player in Automated Financial Services
Wealthfront is an automated financial services company that has made managing money easier for many Americans. Founded in 2008, the platform uses algorithms to offer a range of investment services, from retirement accounts to tax-loss harvesting. Its approach to wealth management is designed to be hands-off, allowing users to set up their investments and let Wealthfront’s platform handle the rest.
One of Wealthfront’s main features is its tax-loss harvesting tool, which automatically helps users reduce their taxable income by selling investments that have lost value. This can be particularly beneficial for individuals looking to minimize their capital gains taxes. Wealthfront also offers tax-advantaged accounts, such as IRAs, to help customers save for retirement in a tax-efficient way.
In addition to its investment tools, Wealthfront provides customers with a comprehensive financial plan and access to low-cost, diversified portfolios. For many, Wealthfront represents a more affordable and accessible alternative to traditional wealth management services.
How to Sign Up for Wealthfront
Signing up for Wealthfront is straightforward. To get started, you’ll need to visit the Wealthfront website and create an account. The process involves answering a few questions about your financial goals and risk tolerance, which helps Wealthfront recommend an investment strategy that aligns with your preferences. After setting up your account, you can start funding your investment portfolio with as little as $500.
Wealthfront also makes it easy to manage your accounts, track your progress, and adjust your financial plan as needed. Once you’re a Wealthfront customer, you’ll have access to the TurboTax discount as well as other financial tools and resources.
Benefits and Drawbacks of Wealthfront
Benefits of Wealthfront
- Low Management Fees: Wealthfront charges a competitive management fee of 0.25% per year on assets under management, making it an affordable option for many users.
- Automated Investing: Wealthfront’s algorithms handle the day-to-day management of your portfolio, saving you time and effort.
- Tax-Advantaged Accounts: Wealthfront offers accounts like IRAs, allowing users to save for retirement while minimizing their tax liability.
- Tax-Loss Harvesting: This feature automatically sells investments at a loss to offset gains, reducing your taxable income.
Drawbacks of Wealthfront
- Limited Personal Interaction: Since Wealthfront is an automated service, users have limited access to human advisors, which may not suit those who prefer personalized advice.
- Less Customization: Wealthfront’s portfolios are designed to be efficient and diversified, but they may not offer the level of customization that some investors seek.
Conclusion
As we move into the 2026 tax season, TurboTax continues to offer a range of valuable discounts and promotions, helping taxpayers save on the cost of filing. Whether you’re a Wealthfront customer, a member of the military, or a small business owner, there are options that can make your tax season easier and more affordable. With TurboTax’s comprehensive tools and the 20% discount for Wealthfront customers, it’s a good time to take advantage of these savings and simplify your tax filing process.