TurboTax Unveils August Discounts for Full Service and Early Filers

Leading tax preparation platform TurboTax is rolling out a series of significant discounts and offers this August, providing opportunities for individuals and businesses to save on tax filing services for the upcoming 2026 tax season. These promotions, which include savings on Full Service and Live Assisted options, are designed to encourage early preparation and make professional tax help more accessible.

Users can currently benefit from an extra 10% off federal online tax filings, encompassing W-2 and 1040 forms. While state returns incur an additional fee, this discount applies to services like Expert Full Service, where a tax professional handles the entire filing process. Early filing is particularly emphasized, as prices are expected to rise closer to the official tax season. This allows users to lock in lower rates now.

For those who prefer a hybrid approach, TurboTax Live Assisted offers a balance of self-filing with expert support available when needed. This service also sees a 10% discount this month, with starting options as low as $36. These federal product discounts are temporary, and engaging with the service sooner rather than later is recommended to ensure the best available pricing. Price estimates are provided upfront, though final costs are determined upon filing based on the actual tax situation and forms used.

Beyond direct discounts, TurboTax is sweetening the deal with a robust referral program. New customers using a friend's referral link can receive 20% off federal tax preparation and filing through TurboTax Online or TurboTax Live products until October 31. As an added incentive, referrers can earn a $25 gift card for each friend who files using their link, potentially accumulating up to $500 in gift cards.

Small business owners are also targeted with specific savings. Filing business tax returns through TurboTax can qualify them for 20% off one 2025 personal federal tax return. This service is particularly beneficial for S-corps and partnerships, with TurboTax matching users to small business tax experts familiar with their industry to maximize deductions. Additionally, business customers can secure 10% off both Business Expert Full Service and Expert Assist for federal products.

For taxpayers with simpler financial situations, the TurboTax Free Edition remains a valuable option. Approximately 37% of taxpayers qualify for this service, which covers simple Form 1040 returns—including specific schedules like Earned Income Tax Credit, Child Tax Credit, Student Loan Interest, and Schedule 1-A. This free service includes both federal and state filings and streamlines the process by allowing users to import, upload, or snap a photo of their W-2 for autofilling. Military members with simple returns can also file both federal and state taxes for free as a thank you for their service.

TurboTax further supports users with a suite of free tools, including a Tax Refund Calculator for estimating 2026 returns and a Tax Bracket Calculator for projecting 2025 taxable income. The platform guarantees 100% accurate calculations and offers a "Maximum Refund Guarantee," promising a refund of the purchase price if another method yields a larger refund or lesser taxes due. AI-Powered Intuit Assist is also available for quick answers to tax questions, complementing the convenient W-2 autofill feature.

It's important for users to differentiate between general promotional coupons and unique "service codes." Service codes are typically single-use, issued by customer support for specific technical or billing issues. However, ample discounts like the 10% off for filing before Tax Day (April 15), referral incentives, and various limited-time offers make significant savings widely accessible throughout the 2026 tax season for federal and business filings.

FAQ

Q: What are the main discounts available for TurboTax Full Service in August?

A: TurboTax is offering an extra 10% off federal online tax filings, which applies to services including Expert Full Service, where a tax professional prepares and reviews your taxes. This discount is designed for early filers ahead of the 2026 tax season.

Q: Who qualifies for TurboTax Free Edition?

A: Roughly 37% of taxpayers qualify for the TurboTax Free Edition. This service is ideal for those with simple Form 1040 returns, including specific schedules like Earned Income Tax Credit, Child Tax Credit, Student Loan Interest, and Schedule 1-A. It covers both federal and state filings.

Q: How does the TurboTax referral program work?

A: Through the TurboTax referral program, new customers can receive 20% off federal tax products when they use a friend's invite link. For each friend who files using their link, the referrer can earn a $25 gift card, with the potential to accumulate up to $500 in gift cards.