The 2025 tax season is officially here, and with it comes the perfect opportunity to tackle your taxes early and save money. TurboTax is offering several discounts this month, so whether you’re filing a simple return or navigating complex business taxes, there’s a deal for you. Additionally, if you’re a member of Boeing Employees Credit Union (BECU), you have access to exclusive TurboTax discounts.
Below, I’ve outlined the best TurboTax offers for January 2025 and how BECU members can make the most of these deals.
1. Extra 10% Off TurboTax Online Federal Products (Up to 50% Off)
TurboTax’s standout deal this month is an additional 10% discount on its federal online products. This is on top of their early-season sale, meaning you can save up to 50% off. The promotion is valid across all TurboTax service tiers, giving you flexibility based on your specific tax preparation needs. Here’s what’s available:
- Do-It-Yourself Versions: Ideal for individuals comfortable managing their own tax filings. TurboTax provides intuitive tools to guide you step by step.
- Live Assisted Versions: Perfect if you want access to tax professionals who can provide advice and answer questions during the filing process.
- Full Service Versions: A hands-off option where tax professionals handle everything for you, from start to finish.
This discount is valid until January 31, 2025, so it’s a great way to start the year off by getting ahead on your taxes.
2. 50% Off QuickBooks Solopreneur Plan (with Live Assisted Tax)
For freelancers and small business owners, TurboTax’s partnership with QuickBooks brings significant savings. New QuickBooks customers can enjoy 50% off their first three months of the Solopreneur plan. The regular price is $20 per month, but with this discount, it’s just $10 per month.
Here’s what you get with the QuickBooks Solopreneur plan, paired with TurboTax Live Assisted Tax:
- Unlimited Access to Tax Experts: Get real-time advice to maximize deductions and ensure accuracy.
- Seamless Integration with QuickBooks: This simplifies the tax preparation process, as your financial data is automatically shared with TurboTax.
- Industry-Specific Advice: Professionals can help uncover unique deductions or credits specific to your line of work.
- Expert Accuracy Guarantee: TurboTax guarantees 100% accuracy.
- Audit Support: If you’re audited, you’ll receive one-on-one guidance from a tax professional.
This deal is especially useful for those filing a Schedule C, but it’s limited to new QuickBooks customers, so act fast if you’re considering it.
3. TurboTax Free Edition
For those with straightforward tax needs, the TurboTax’s Free Edition is a cost-effective option. This allows you to file federal and state taxes for free. However, it’s important to understand what qualifies as a “simple return”:
- Filing a basic Form 1040.
- Limited credits like the Earned Income Tax Credit, Child Tax Credit, or Student Loan Interest Deduction.
- No additional schedules or complexities, such as business income or substantial investments.
TurboTax estimates that about 37% of taxpayers qualify for the Free Edition. If your tax situation is more intricate, consider upgrading to one of their paid tiers for additional features and support.
TurboTax Discounts for BECU Members
As a Boeing Employees Credit Union member, you’re eligible for exclusive TurboTax discounts. Since its founding in 1935, BECU has been dedicated to providing financial services to its members, which now include employees of Boeing, their families, and other select groups. For the 2025 tax season, BECU is partnering with TurboTax to offer significant savings.
How to Access the BECU TurboTax Discount
Here’s how BECU members can claim their TurboTax discount:
- Log In to Your BECU Account: Go to the BECU website at becu.org.
- Navigate to the Tax Center: In the Tax Center, you’ll see a link labeled “Save up to $20 on TurboTax.” Click this link to access the discount page.
- Special Affiliate Page: Clicking the link takes you to a TurboTax affiliate page with exclusive pricing for BECU members. There’s no need to enter a code; the discount is automatically applied.
How Much Can You Save?
BECU members can save up to 20% on TurboTax Online products, including Live Assisted versions. Note that the discount does not apply to business products or TurboTax’s downloadable software.
To ensure you receive the discount, start and complete your tax filing process through the BECU TurboTax microsite by April 15, 2025. If you encounter issues with the discount, clearing your browser cookies and revisiting the microsite should resolve the problem.
Additional Tax Season Tips for BECU Members
BECU provides tools and resources to make tax season easier. Here are some essential details to keep in mind:
Tax Forms
- Accessing Tax Statements: Current year tax statements are available in BECU’s Online Banking platform starting January 31. You can also access tax statements from prior years (as far back as 2018).
- Requesting Paper Statements: If you prefer a mailed tax statement, contact BECU at 800-233-2328.
BECU Routing and Tax ID Numbers
- Routing Number: 325081403.
- Tax ID Number: 91-0219435.
Common Forms You Might Receive
- 1098 Forms: Issued for mortgage or home equity loan interest if the total interest paid exceeds $600.
- 1099 Forms: Used for reporting various types of income, including interest earned on deposit accounts or withdrawals from retirement accounts.
For any discrepancies or additional support, BECU encourages members to contact them directly.
TurboTax Support and Guarantees
Regardless of which TurboTax product you use, their platform offers several benefits designed to make tax filing less stressful:
- Accuracy Guarantee: TurboTax guarantees 100% accuracy or they’ll cover any penalties.
- Audit Support: Get expert guidance if you’re audited.
- Specialist Access: Higher-tier plans include access to CPAs, EAs, or tax attorneys for personalized advice.
Why Act Now?
Taking advantage of TurboTax discounts early in the tax season can save you both money and stress. Whether you’re benefiting from the Extra 10% Off Federal Products, exploring the QuickBooks Solopreneur plan, or using BECU’s exclusive member discount, starting early ensures you’ll have plenty of time to gather the necessary documents and navigate any complexities.
Final Thoughts
TurboTax’s range of discounts this January offers something for everyone, from individuals filing simple returns to small business owners with more complex needs. And for BECU members, the additional savings make an already great deal even better.
Remember to file your taxes by April 15, 2025, and take full advantage of these offers while they last. Visit TurboTax or the BECU TurboTax microsite to get started today.