Monday, January 27, 2014

Tax Preparation Discounts for 2013 Taxes

2014 Discounts for 2013 Taxes

Note: Turbotax prices go up March 22! Discounts below may no longer apply after that date.

The IRS Tax Filing Deadline is Tuesday, April 15 2014.

Have you started preparing for your Federal and State taxes? If you aren't using a Sacramento tax preparer for your 2013 taxes, there are a few ways to save some money on online services such as TurboTax.

Your bank, credit union, brokerage, credit card company, or mutual fund company may offer a discount so check their sites to see if they have a partnership offer with a site like H&R Block or TurboTax. Also check with your employee benefits program, or other memberships like Costco or USAA. Brokers and mutual funds companies seem to have the deepest discounts.

The info below will help you find the best price for Federal Taxes with TurboTax. 

TurboTax Discounts
Bank and Brokerage Discount Examples

Comparing the Premier version (Federal Only):

Normal price: $75

Golden 1: TurboTax $50
Bank of America: TurboTax  $50
Best Price: Vanguard : TurboTax  $35
Best Price: Fidelity: TurboTax $35 

Cashback Rebate and Deal Site Discount Examples

Discount and cashback sites are also offering discounts and rebates on tax software. To redeem these discounts you must set up an account at the discount site, and then click through their link to TurboTax. 

Here are some discounts for TurboTax $75 Premier (Federal Only):

Best Price: FatWallet:  7.5% cash back, and $45 for Premier
Best Price: Ebates: 7.5% cash back, and $45 for Premier
Mr Rebates: 8% cash back, and $50 for Premier
Best Cashback: ExtraBux: 12% cash back, and $50 for Premier

For more information on how to use cashback rebate sites, see: How to get Cashback on (Almost) Everything

State Taxes

TurboTax adds around $37 for state taxes. You can file online in California using CalFile for free, but not everyone qualifies. 

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

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