Top Tax Software Savings 2023

Best tax software discounts 2023

Tax software is designed to help with filing taxes and make it possible to complete both your state and federal returns quickly and correctly, while also helping you get the most back in your refund. 

We have compiled all the best discounts and deals to help you save while using some of the top online tax filing options. Whether you're a freelancer, self-employed, an investor, or just doing a simple tax return, these savings have you covered. 

According to a CBS article, these are the best tax-preparing and filing services:

• Best overall tax software: Turbotax

• Runner-up: H&R Block 

• Best affordable tax software: TaxSlayer

• Best for accuracy guarantee: TaxAct

TurboTax tax software savings

Get your taxes done quickly and painlessly with these TurboTax coupons. Their tax software ensures you get your maximum refund by searching through hundreds of potential deductions and offering different various step-by-step guides based on your particular tax situation.

There are two types of TurboTax discounts on software: 

• TurboTax CD/download

There are 4 cd/downloadable tax software options, and they are all on sale. Whether you are single, have children or own a business there is a savings option for you.  Among the best sellers are the Basic and Deluxe packages. 

The Basic package of the downloadable or CD version for five federal tax return prep and e-filings has a $10 discount and is now on sale for $40. The state tax prep software is also available at $45 after a $5 discount. Save $15 when you purchase them in a bundle. 

The Deluxe package which is recommended by TurboTax for more complex tax returns has a comparable $10 discount for five federal e-files and one state download. Available for $70 for federal filing and $20 per state e-file this option has 4.3 out of 5 stars after 4K+ reviews.  

The Premier CD/download for investments and rental property is on sale for $105. Finally the Home and Business CD/download for personal/business expenses and self-employed is on sale for $120.

This tax software can be purchased at TurboTax.com and other retailers like  Best Buy, Amazon, and Target, so shop around to find the best deal. 

• Online tax preparation software 

These do-it-yourself guided tax filing options are also at a discount and offer packages for many different tax situations. The popular free edition helps you file federal and state tax returns at no cost, but this option is best for simple tax returns, and not everyone qualifies. 

Take advantage of the TurboTax Deluxe edition and get 30% off. This option will help you maximize your deductions and credits.

For even more savings, the Premier DIY package is now $69, a reduction of over 20%. This option allows you to uncover deductions related to investments and rental property tax returns.

The self-employed edition is now just $89, a reduction from its original price of $119. This version covers a variety of industries, such as rideshare, online sales, and personal or professional services. Check out the reviews online to find out more about each alternative and decide which one is the best for you.

Find out which savings are right for you by answering a few questions on their "let's find the right tax solution for you" page.

Here is a list of the many ways to save money when you choose to file your taxes at TurboTax:

1. Take advantage of early bird discounts. They offers discounts for filing early.

2. Take advantage of free federal filing. Browse their homepage for offers of free federal filing for individuals with simple tax returns.

3. Take advantage of coupon codes and discounts. You can find coupon codes above or sign up for the TurboTax email list and receive special offers and discounts.

4. Take advantage of free resources. They offer many free resources to help you with your taxes, such as calculators, checklists, and more.

5. File your state return for free. They offer free state filing for all 50 states.

6. Use the TurboTax Refund Calculator to estimate your refund. This is a great way to plan ahead and ensure you’re getting the most out of your return.

7. Take advantage of e-filing. E-filing is the fastest and most secure way to file your taxes.

8. Take advantage of the TurboTax Audit Support Guarantee. This guarantee offers free audit representation if you are ever selected for an audit.

H&R Block tax software deals

H&R Block makes filing your taxes easier than ever with their real-time cost calculator and up-to-date tax refund estimations. Use an H&R Block coupon above to save on your 2023 tax return filing.

Along with H&R Block promo codes, they often offer discounts for their tax filing online service throuout the tax season; there is even a free online simple return option. To help you pick the right H&R Block tax software package for you, here’s an overview of what their packages include and the discount avaialble:

• If you don't need lots of tax filing support, H&R Block's basic software is good enough. This option has a $10 discount at the moment. 

• If you need more advanced tax assistance, consider one of H&R Block's more comprehensive packages. Deluxe and Premium software are on sale at $44.95 and $64.95 respectively.

• If you're a business owner, check out H&R Block's Business Edition software and save $10. 

Save $50 off sitewide at H&R Block using promo code b75936

Follow these simple steps to make sure you save while filing your 2023 tax returns:

Gather all tax documents. Ensure you have all the documents and records needed to complete your tax return. This includes W-2s, 1099s, receipts, and other tax documents.

1. Check your tax return. Check the form you are using and ensure all the information is correct. This will help reduce the risk of error and possible penalties.

2. Consider e-filing. Filing your tax return electronically can save you time and help you get your refund faster than filing a paper return.

3. Take advantage of deductions and credits. Look for deductions and credits that may apply to you, such as earned income credit or child tax credit.

4. Check your calculations. Ensure you have done the math correctly and that all the numbers add up.

5. Use the H&R Block discount. H&R Block offers discounts for the military, students, and people over 50.

6. Submit your return. When completing your return, be sure to submit it immediately. This will ensure you don't miss any deadlines and get your refund quickly.

Top TaxAct coupons and discounts

TaxAct deals offer tremendous value by including free access to tax experts when you start your return by 3/20.

This online tax filer boasts being up to 50% cheaper, along with being one of the cheapest on the market TaxAct is the only tax filing software provider that offers a $100,000 accuracy guarantee.

Here’s an overview of the TaxAct online service packages, including a free Xpert Assist option that is perfect for simple federal filers, so pick the one that’s right for you:

• Their most popular option is the Deluxe package. The best option for filers with loans and children, this package is priced reduced to $24.95.

• Save when you bundle your federal and state taxes alongside refund transfer and e-file concierge services. All these services plus audit defense in this bundle will cost you only $114.95 / which was initially priced at $229.75.

You can access extra savings by taking advantage of TaxAct promo codes, discount codes and deals. 

Follow these simple steps while filling your 2023 taxes with TaxAct:

1. Double-check your information: Make sure all the information you enter is accurate to avoid any unnecessary fees and delays.

2. Take advantage of deductions and credits: Look for deductions and credits that will save you money.

3. Use the IRS Tax Calculator: Use the IRS Tax Calculator to estimate your taxes before filing.

4. Look for discounts: See if you qualify for any discounts available through TaxAct.

5. File electronically: E-filing is usually faster and more accurate than paper filing. Plus, you may be able to get your refund faster if you file electronically.

6. Avoid late fees: File your tax return by the deadline to avoid any late fees.

7. Check for errors: Review your return before submitting it to ensure you made no errors.

All images are courtesy of H&R Block, Turbo Tax and TaxAct. 

Tax-related FAQs

when is tax day 2023?

Tax Day for the 2023 tax year is April 18, 2023.

How to file taxes in 2023?

Filing taxes in 2023 will depend on what type of taxes you are filing and where you live. Generally speaking, here are the steps you should take to file taxes in 2023:

1. Gather your documents: You will need to have all of your tax documents in order before you can begin filing. This includes your W-2s, 1099s, 1098s, and any other documents related to income or deductions.

2. Choose a filing method: You can either file your taxes yourself using online tax software, or you can hire a tax professional.

3. File your taxes: Once you’ve gathered your documents and chosen a filing method, you can submit your taxes.

4. Pay any taxes due: If you owe any taxes, you must pay them before the deadline. 

5. Keep records: Keep a copy of your tax documents for at least three years.

How much do you have to make to file taxes in 2023?

The amount of money you must make to file taxes in 2023 will depend on your filing status, age, and other factors. Generally, you will need to make at least $12,550 to file taxes if you are single, $25,100 if you are married filing jointly, or $18,800 if you are a head of household.

What important changes in the tax law may affect your 2023 tax return? 

The new tax law affects both Venmo and PayPal by requiring them to report income from certain payments to the Internal Revenue Service (IRS). This means that the companies will be required to report any payments made to merchants, businesses, or individuals that exceed $20,000 in a single transaction or $200,000 in total payments in a single taxation year. Payments made to charities or other tax-exempt organizations are also subject to the new law. Additionally, Venmo and PayPal must also provide a 1099-K form to customers who receive more than $20,000 in transactions and more than 200 payments in a single taxation year. The 1099-K form will provide customers with information about their income and the taxes they owe. **disclaimer: we are not tax professionals, so please speak to a licensed accountant for more information.