For years, TurboTax has been my top choice for filing my taxes independently. It’s reliable for me and countless other users as well. TurboTax has quickly gained popularity for its user-friendly tax filing services and easy access to professional tax assistance. They offer free self-service options for eligible users, TurboTax Live Assisted for those who want to file with expert support when needed, and TurboTax Full Service, where a tax expert will handle your taxes and discuss the details with you before submission.
To simplify the often perplexing task of filing taxes, I’ve put together a guide on How to Pay Your Taxes Online, featuring TurboTax and similar services to help you navigate the options tailored to your specific tax situation. Additionally, WIRED offers TurboTax promo codes to help you save money while tackling the tedious chore of filing your taxes this year.
Enjoy 20% Off TurboTax Live Assisted and Full Service
You can take advantage of a 20% discount on TurboTax Full Service, which starts at just $72. This competitive price includes W-2 and 1040 forms, with state tax returns available for an extra fee. With TurboTax Full Service, a tax professional manages your taxes, which may cost a bit more than the do-it-yourself option but can save you time and hassle when determining your tax obligations. Keep in mind that prices typically increase as tax season progresses, so filing early ensures you lock in the best rates available.
If your tax situation is relatively straightforward but you still have some questions, TurboTax Live Assisted provides an excellent balance where you can file on your own while having tax experts ready to assist if needed. This TurboTax promotion also gives you a 20% discount on TurboTax Live Assisted, starting at just $32. (As with the Full Service, there are additional costs for state returns, so filing early is the smartest approach to securing the lowest price this season).
File for Free with TurboTax Free Edition
As previously mentioned, users can file at no cost with TurboTax Free Edition. Approximately 37% of taxpayers are eligible for this option. This is limited to simple Form 1040 returns—no additional schedules except for the Earned Income Tax Credit, Child Tax Credit, and Student Loan Interest. While this may not suit every tax filer, it can be a great option for those with uncomplicated financial situations, so do your research to see if TurboTax Free Edition is a good fit to save some cash instead of spending it unnecessarily.
Can You Refer Someone to TurboTax?
To maximize your savings, request a TurboTax referral link, which allows your friends to receive 20% off TurboTax federal products if they’re new to the service. Plus, for every friend that files using your referral link, you’ll earn a $25 gift card—this can accumulate up to an impressive $500 in gift cards (essentially giving you an additional refund in gift cards).
Additional Resources for Tax Season
Aside from the various plans catering to different needs, TurboTax also provides valuable resources for this tax season, including a Tax Refund Calculator that lets you estimate your 2024 return by answering questions about your personal circumstances and income. Furthermore, they offer a Tax Bracket Calculator enabling you to estimate your taxable income for 2024; simply input your tax year filing status and taxable income to calculate your estimated tax rate.
There are also other ways to save, such as TurboTax discount codes specifically for military personnel. In recognition of their service, military members can file both their 2024 federal and state taxes completely free of charge.
