Thursday, February 28, 2013

Tax Preparation Discounts for 2012 Taxes

*See updated information for 2014 (2013 Taxes) here: 2013 Tax Prep Discounts
 
The IRS Tax Filing Deadline is Monday, April 15 2013.

Have you done your Federal and State taxes? If you aren't using a Sacramento tax preparer for your 2012 taxes, there are a few ways to save some money on online services such as TurboTax.

tax preparation discounts

Your bank, brokerage, credit card company, or mutual fund company may offer a discount so check their sites to see if they have a partnership discount with a site like H&R Block or TurboTax.

Here are some examples:

Bank of the West: TurboTax
Bank of America: TurboTax
Vanguard : TurboTax

Discount and cashback sites are also offering discounts and rebates on tax software.

Cashback rebates comparisons for TurboTax and H&R Block


The Deluxe Program from Turbotax is normally $50 for just Federal. 
Here are some discounts for TurboTax Deluxe (Federal Only):

TurboTax Discounts


FatWallet:  8.5% cash back, and $20 for Deluxe
ExtraBux: 12% cash back, and $30 for Deluxe
Ebates: 8% cash back, and $20 for Deluxe
Mr Rebates: 8% cash back, and $20 for Deluxe
Shop Discover (Discover Card): 15% cash back and $30 for Deluxe

The Deluxe Program for H&R Block is normally $45
Here are some discounts for H&R Block Deluxe (Federal Only):


H&R Block Discounts


FatWallet:  10% cash back, and $38 for Deluxe
ExtraBux: 16% cash back, and $38 for Deluxe
Ebates: 10% cash back, and $25 for Deluxe
Mr Rebates: 12% cash back, and $38 for Deluxe
Shop Discover (Discover Card): 20% cash back and $30 for Deluxe

State Taxes


Keep in mind you will be charged an extra amount for filing your state taxes! That is usually where they gouge you for around $35 extra. You can file online in California using CalFile for free.

Free Tax Prep


And if your taxes are simple enough (1040EZ), you may be eligible for a free tax preparation program:

Free TurboTax
Free H&R Block
Free TaxSlayer
Free TaxAct


Photo credit: Martha Soukup via flickr


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