As tax season begins, January is the perfect time to explore some of the best TurboTax discounts available. In this guide, I’ll cover the top TurboTax deals for January 2025, as well as how AAA members can make the most of their discounts. With these savings, you can simplify your tax preparation without overspending.
Extra 10% Off TurboTax Online Federal Products (for up to 50% off!)
One of the best discounts this month is TurboTax’s 10% off promotion on online federal products that’s stackable on top of the current early-season offer (for savings of up to 50% off!). This offer runs through January 31, 2025, and allows you to choose from a variety of service tiers to suit your specific tax needs:
- Do-It-Yourself Versions: These are perfect for individuals who are comfortable managing their own taxes with the help of TurboTax’s straightforward, user-friendly software.
- Live Assisted Versions: For those who prefer expert guidance, these options give you access to real-time assistance from TurboTax professionals.
- Full Service Versions: If the thought of filing taxes stresses you out, this option allows TurboTax experts to handle your entire filing process.
This 10% discount is especially useful because it applies across TurboTax’s various tiers, giving you flexibility in choosing a level of service that aligns with your tax situation.
50% Off QuickBooks Solopreneur Bundle (with Live Assisted Tax)
If you’re self-employed, a freelancer, or a small business owner, the QuickBooks Solopreneur bundle is another standout offer. Currently, you can get 50% off the first three months of this service, reducing the price from $20 per month to just $10 per month.
This bundle integrates QuickBooks’ bookkeeping tools with TurboTax Live Assisted Tax to provide a seamless tax-filing experience. Here’s what you’ll get:
- Unlimited Expert Support: Connect with tax professionals via phone, chat, or live video for personalized assistance.
- Industry-Specific Deductions: TurboTax experts will help you uncover deductions tailored to your profession.
- 100% Accuracy Guarantee: TurboTax backs its services with a guarantee that ensures your return is accurate and expert-approved.
- Year-Round Support: Access a team of experts throughout the year for questions, not just during tax season.
This bundle is ideal for those filing a Schedule C (Form 1040) and looking to streamline their tax preparation. However, it’s important to note that this offer is available exclusively to new QuickBooks customers, so it’s worth considering if you’re exploring bookkeeping solutions for the first time.
TurboTax Free Edition
For taxpayers with simple returns, TurboTax’s Free Edition is an excellent choice. This version allows you to file both federal and state taxes for free, covering the basics of filing Form 1040. Simple returns generally include limited credits such as the Earned Income Tax Credit (EITC), Child Tax Credit, and Student Loan Interest Deduction.
However, it’s important to note that only about 37% of taxpayers qualify for the Free Edition. If your situation involves more complexity—such as business income, investments, or itemized deductions—you’ll likely need to upgrade to a paid tier. Still, for those who meet the criteria, this option is unbeatable in terms of cost.
AAA TurboTax Discount: How Members Save in 2025
If you’re a American Automobile Association member, your membership can unlock additional savings during tax season. AAA club members have access to a variety of TurboTax discounts, making it easier and more affordable to file your taxes. Here’s what’s available:
How to Access the AAA Discount on TurboTax
AAA members can typically find their TurboTax discount by logging into their member account at aaa.com. Here are the steps:
- Log in to your AAA account.
- Navigate to the “Discounts and Special Offers” section.
- Check for the TurboTax offer and follow the provided link to claim your discount.
While AAA has discontinued public access to TurboTax service codes, members can still find equivalent discounts through affiliate links or their AAA portal. These discounts are exclusive to AAA members and often match or exceed the general TurboTax promotions.
Exclusive AAA TurboTax Benefits
Here are some of the top benefits AAA members can take advantage of during tax season:
- Discounts on TurboTax Software: AAA members receive exclusive savings on TurboTax Deluxe, Premier, and Self-Employed versions. These discounts can also include deals on state filings, which is helpful if you’re filing in multiple states.
- Free Federal E-Filing: Some AAA members qualify for free federal e-filing when using TurboTax, even with more advanced versions of the software. This eliminates typical e-filing fees and helps lower the overall cost of filing your taxes.
- Discounts on State Filing Fees: While federal filing is often free with certain TurboTax products, state filings usually require an additional fee. AAA discounts can reduce these state filing costs, making it more affordable to file in multiple jurisdictions.
- Travel-Related Tax Deductions: If you use your vehicle or travel for work, some of these expenses may be tax-deductible. As a AAA member, you likely keep detailed records of mileage and travel-related expenses, such as tolls and parking. These records can help you maximize deductions if you’re self-employed or own a business.
- Potential Deductions for AAA Membership Fees: While personal-use membership fees aren’t deductible, fees tied to business use might qualify as a tax deduction. For example, contractors, delivery drivers, or small business owners who use AAA services for roadside assistance or business-related travel may be able to claim these expenses as a deduction.
Maximizing TurboTax Discounts as a AAA Member
To get the most out of your AAA membership and TurboTax discounts, keep the following tips in mind:
- Compare Offers: Sometimes, AAA’s TurboTax discount matches general promotions available on TurboTax’s website. Check both options to ensure you’re getting the best deal.
- Claim Travel-Related Deductions: If you’re self-employed, ensure that you track all work-related travel expenses—including mileage, parking, and lodging—throughout the year. These deductions can significantly lower your taxable income.
- Check for Updates: TurboTax and AAA often refresh their promotions throughout the tax season, so keep an eye out for new deals as the April 15 deadline approaches.
Final Thoughts
January 2025 is packed with valuable TurboTax promotions that cater to a wide range of taxpayers. From the 10% discount on online federal products to the AAA member-exclusive savings, there are plenty of opportunities to file your taxes affordably and accurately.
For those with simple returns, TurboTax’s Free Edition offers a no-cost solution. Self-employed individuals and small business owners can take advantage of the QuickBooks Solopreneur bundle, which combines bookkeeping tools with expert-assisted tax filing. Meanwhile, AAA members can leverage their membership to access additional discounts and potentially deduct business-related expenses tied to their AAA benefits.
Remember to act before the promotions expire, with many deals ending January 31, 2025. Taking advantage of these discounts now can make tax season less stressful and help you keep more money in your pocket. Happy filing!