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You can use the software to file one federal return and up to three state returns (good for military members who change state residency in a tax year). One of the lesser-known benefits of military service is access to free tax filing and preparation services. Don’t worry about knowing these tax rules for military members. TurboTax will ask you questions about you and give you the tax deductions and credits you’re eligible for based on your answers. If you’re in the military, you may also be able to file for free or at a discount with TurboTax.

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Taxpayers who owe should either pay their full tax bill or at least pay what they can afford by the April 15 deadline. TurboTax offers a tool called the Deduction Maximizer, which helps users uncover tax breaks they might otherwise miss. It scans for eligible deductions and credits, including mortgage interest, student loan interest and charitable contributions. A closer look at TurboTax’s pros and cons to help you decide if it’s the right tax filing software for this tax season. With proper planning, the right resources and support from Navy Federal, you can confidently manage your taxes while serving your country.

If your rank aligns with a package you could benefit from, make sure to take advantage of this deal when tax season rolls around. Service members who hold a rank of E6 or higher can take advantage of a $5 discount (or more) off any TurboTax federal product. These ranks can file with either the normal Free Edition provided by TurboTax, or the Deluxe version at no additional cost. For service members with a rank between E1 and E5, Federal filing and State filing are free. TurboTax provides free or discounted rates to all members of the military.

Essential resources for Veteran families with special needs

Here are the TurboTax versions and a couple of quick facts about them. Note that each successive version has all the previous versions’ features and adds more as your return gets more complex. Both rental and self-employment income are common for military members, and TurboTax is set up to handle those situations. Even better – TurboTax has the ability to import tax information directly from more than one million employers and financial institutions, again removing the need for manual data entry and increasing accuracy. Get unlimited advice, an expert final review, and your maximum refund, guaranteed with TurboTax Live Assisted Basic. Extensions aren’t the only tax benefits the federal government provides for those who serve in the military.

  • Use Free File Fillable Forms if your income is greater than $84,000.
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  • Simply enter your W-2 and verify your military rank when prompted, and your discount will be applied when you’re ready to file.
  • If you can’t file by June 15, you can request an additional four-month extension using Form 4868.

The goal is to get the features you need — without paying for upgrades you don’t. As of March, the IRS reported the average direct deposit tax refund this year is $3,330. With that much money on the line, it’s important to use a tool that checks for errors and helps you file with confidence. This page includes links to other websites outside our control and jurisdiction. VA is not responsible for the privacy practices or the content of non-VA Web sites.

Simply enter your military W-2, verify your rank and your TurboTax Military discount will be applied when you file.

W-2 forms are usually available for military members by the end of January and can be downloaded from MyPay website. Service members and families are being honored during Military Appreciation Month 2025 with a variety of discounts. TurboTax calculations are 100% accurate so your taxes will be done right, guaranteed, or we’ll pay you any IRS penalties. Military discounts are not reflected in prices below and will apply when you file. There are NO discounts on any added benefit bundles, including TurboTax PLUS or MAX. I have also tried all those options., including reaching out to support, I was on the phone with them for an hour and the representative had no idea how to fix it.

Benefits of IRS Free File

U.S. military service members have access to a number of extensions, deferments, and other benefits when it comes to their taxes. The Army & Air Force Exchange Service is working with H&R Block to provide tax preparation services to military members at a 10% discount at select Exchange locations around the world through March 21, 2025. We strive to offer timely, current, and informative content, with the occasional piece focused on entertainment.

With TurboTax Live Full Service, a local expert matched to your unique situation will do your taxes for you start to finish. Or, get unlimited help and advice from tax experts while you do your taxes with TurboTax Live Assisted. And if you want to file your own taxes, TurboTax will guide you step by step so you can feel confident they’ll be done right. No matter which way you file, we guarantee 100% accuracy and your maximum refund.Get started now by logging into TurboTax and file with confidence. If you’re in the United States, you can get an extra six months to file a federal income tax return by submitting IRS Form 4868 before the filing deadline. However, if you owe taxes, the IRS will charge interest from the date the payment was due unless you make your payment by the original filing deadline.

Whether you need some help from a professional or plan to file taxes yourself, check out the following free and discounted options for military personnel and their families. As an active military member, you can get TurboTax’s Free Edition, Deluxe, or Premium services for free. To get the discount, enter your W-2 and verify your military rank when prompted within the TurboTax Online Product.

Profit and prosper with the best of expert advice — straight to your e-mail. Remember, Veterans have the flexibility to sign up for VA health care or apply for disability compensation or increased disability compensation from the comfort of home, at a time that suits them best. All origination, servicing, collections, and marketing materials are provided in English only. As a service to members, we will attempt to assist members who have limited English proficiency where possible. Military images are used for representational purposes only; do not imply government endorsement.

Offer valid for Active Duty and Reservists of an enlisted rank (E-1 through E-9) with a W2 from DFAS. There is NO discount on TurboTax Live or TurboTax Desktop products (TurboTax CD/Download). If they don’t make things right, I have an alternative for you, so please report back.

Liberty Tax offers special pricing on tax preparation for all active-duty and veteran service members, and they have offices throughout the country. Use coupon code MILITARY25 to redeem, and visit their website to find a location near you to book an appointment. Several years ago, TurboTax created TurboTax Military Edition. This software version was created specifically for military members and included features to account for common tax issues many service members face. H&R Block offers an exclusive $25-off discount for readers of The Military Wallet.

Taxpayers whose AGI is $79,000 or less for the 2024 tax year can take advantage of IRS Free File. They can use software from one of the participating companies to help them prepare their taxes for free. Soldiers, Sailors, Airmen, Marines, Coast Guardsmen, Guardians, and their families are eligible to receive this turbo tax free for military free tax-preparation assistance through VITA. When you save your military W2, your rank will be noted and your military discount will be automatically applied. These other programs include additional features, such as live help from CPA’s, so even though they are not free they may be worth purchasing at the discounted rate. Service members with ranks between E1 and E5 can also receive a discount of $5 (or more) off on other programs, including the Premier, Self-Employed, or TurboTax Live programs.

  • The company gives back to those who serve by providing a military discount.
  • This is perhaps the best feature I’ve seen in the new software.
  • There are several discounts and free filing options available for those who qualify.
  • At TurboTax, all enlisted active-duty military members and reservists can file their 2024 federal and state taxes for free.

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We’re committed to supporting military members through every aspect of financial life, including tax season. Remember that while filing deadlines can be extended, payment deadlines work differently. If you owe taxes, interest starts accumulating from the original April 15 deadline, even with an extension. To avoid this, try to pay at least 90% of your estimated taxes by the standard April deadline. When filing taxes during deployment, members of the military need to be familiar with specific forms beyond their W-2.

While TurboTax Free is available for enlisted service members up to rank E9, military spouses and veterans do not automatically qualify. Veterans can explore IRS Free File, Military OneSource, and VITA programs for no-cost filing assistance. Checking eligibility early and exploring alternative resources can make tax season easier for military families and veterans. However, military spouses and veterans do not automatically qualify for this offer. If a military spouse files jointly with an eligible service member, they can use the free TurboTax military filing option.