TurboTax Pricing in 2025 – A Straightforward Guide
If you’re filing taxes this year, you’ve probably seen the TurboTax logo everywhere. But the real question is: how much does it actually cost? Prices change every tax season, and the right plan depends on your situation. This guide breaks down the current pricing, the features you get with each tier, and how to keep your bill low.
What Are the Main TurboTax Plans?
TurboTax offers four core products. The Free Edition handles simple returns – think W‑2 income and standard deductions. Deluxe adds support for itemized deductions like mortgage interest and charitable gifts. Premier steps in for investors and rental income, while Self‑Employed targets freelancers, contractors, and side‑hustle earners.
In 2025, the base prices (before any state filing fees) are roughly:
Free Edition – $0 (state filing may cost extra)
Deluxe – $59
Premier – $89
Self‑Employed – $119
State returns are typically $50 each, but some promotions waive that fee. Keep an eye on the TurboTax website for seasonal discounts.
How to Choose the Right Plan Without Overspending
First, list your income sources. If you only have a salary, the Free Edition might be enough. Do you own a home or have student loan interest? Deluxe covers those deductions. Got stocks, crypto, or rental properties? Premier saves you the hassle of manual schedules. And if you’re filing a Schedule C for your own business, Self‑Employed is the only plan that includes the right forms and a "deduction finder."
Don’t forget the add‑ons. TurboTax offers a "Live" option where you can talk to a CPA for an extra $39‑$79 per return. It’s useful if you’re unsure about a deduction, but many users can get by with the software’s built‑in help.
Another cost‑saving tip: start early. The earlier you begin, the more time you have to collect receipts and avoid pricey last‑minute upgrades. Also, compare TurboTax with other tax software like H&R Block or FreeTaxUSA – sometimes a competitor’s price beats TurboTax’s features for simple returns.
Our other articles can give you a deeper look at related money matters. For example, "Small Business Tax Deductions: What Expenses Are Write‑Offable in 2025" explains which costs you can claim, while "GST Registration in India: Who Needs It and Why It Matters" helps you understand tax compliance if you run a business abroad.
Bottom line: pick the plan that matches your tax situation, watch for discounts, and avoid unnecessary add‑ons. With the right choice, you’ll get the coverage you need without blowing your budget.
Wondering how much TurboTax will cost to file taxes for your LLC? This article breaks down the actual prices, highlights the best plan for single- and multi-member LLCs, and covers hidden fees you might not expect. You'll also get real-world tips to cut down on costs and time while using TurboTax for your business. Skip the confusing fine print and get answers that small business owners can actually use. We get into what's worth it, what isn't, and how to avoid paying more than you have to.
