Intuit TurboTax 2025 Tax Software + $10 In-Product Credit: Deluxe (Federal+State)

TribalSeek

Jan 11, 2026 8:49 PM

620 Comments

Joined Sep 2009

TribalSeekJan 11, 2026 8:49 PM

620 Comments

Quote from SlickFly

:

I am taxed at 35%, & typically end up paying hefty Tax Amount at the time of Tax Filing & also an additional underpayment Penalty, which I happily pay. My contention is... I am able to utilize this delayed-tax-amount invested in stocks for longer which pays me a higher return than the penalty amount. Is there anything wrong with this scenario, OR it is better to pay quarterly estimated taxes?

This really isn't the appropriate forum or thread for this but the IRS currently charges interest at a 7% rate, there is no risk-free investment that pays anywhere near 7% so sure, you can roll the dice and pay a guaranteed 7% interest rate to maybe earn more in equities.

If you are asking if the IRS is going to get mad at your or send agents to your house because you habitually underpay, no - they couldn't care less, they are happy to take the 7% from you and call it even.

ETA: IBKR has margin rates that are much lower than 7% (5.14% for under $100k, even less for higher amounts) so maybe you should consider borrowing from them instead of the IRS

Last edited by TribalSeek January 11, 2026 at 12:55 PM.

2

missellie

Jan 11, 2026 9:05 PM

3.6K Comments

Joined Dec 2008

missellieJan 11, 2026 9:05 PM

3.6K Comments

Quote from SlickFly

:

I am taxed at 35%, & typically end up paying hefty Tax Amount at the time of Tax Filing & also an additional underpayment Penalty, which I happily pay. My contention is... I am able to utilize this delayed-tax-amount invested in stocks for longer which pays me a higher return than the penalty amount. Is there anything wrong with this scenario, OR it is better to pay quarterly estimated taxes?

So you would have to sell shares to pay quarterly taxes? I never happily pay a penalty, which I have had to do. You can annualize income under certain circumstances to reduce taxes but it's a lot of work to calculate income and deductions by quarter. I pay quarterly taxes which reduces the taxes I have withheld on required annual withdrawals of inherited accounts. I also donate a lot because I would rather give to charity than the IRS.

1

screenname

Jan 11, 2026 10:00 PM

8.4K Comments

Joined Jan 2006

screennameJan 11, 2026 10:00 PM

8.4K Comments

Quote from SlickFly

:

I am taxed at 35%, & typically end up paying hefty Tax Amount at the time of Tax Filing & also an additional underpayment Penalty, which I happily pay. My contention is... I am able to utilize this delayed-tax-amount invested in stocks for longer which pays me a higher return than the penalty amount. Is there anything wrong with this scenario, OR it is better to pay quarterly estimated taxes?

Only if your investments work to your favors 100% of the time.

1

pianistat

Jan 11, 2026 11:22 PM

1.2K Comments

Joined Feb 2009

pianistatJan 11, 2026 11:22 PM

1.2K Comments

Quote from screenname

:

Only if your investments work to your favors 100% of the time.

Better tell us what's that investment nod

1

TunaSushi

Jan 12, 2026 1:26 AM

119 Comments

Joined Jun 2018

TunaSushiJan 12, 2026 1:26 AM

119 Comments

Quote from MadPup

:

When you file online you are basically giving all your financial data to someone, and you can never be 100% sure what they'll do with it. That said, that also applies to TT online and even the IRS. Also, FTU does not support downloading your data in a reusable format, just PDF. FTU also does not support import of data from financial institutions, so if you have investments you will need to do those by hand. FTU might be a good option for people with simple scenarios and who don't care about other people having access to their finances. They may claim that they never sell your data, but chances are they use your data to create anonymized datasets that they do sell. There is no free lunch.

I don't know why you're getting downvotes. Entering your data online increases exposure to malevolent actions. Installing an application locally reduces overall risk.

1

davydude7

Pro

Jan 12, 2026 4:31 AM

160 Comments

Joined Aug 2011

davydude7

Pro

Jan 12, 2026 4:31 AM

160 Comments

Can't we just order the turbo tax software on Costco.com now, and then request a price match on 1/19 when the software goes on sale? It seems like that is acceptable based on the posted price match policy.

xpeng

Jan 12, 2026 3:36 PM

5.6K Comments

Joined Sep 2006

xpengJan 12, 2026 3:36 PM

5.6K Comments

Usually Amazon has better deal then Costco.

MadPup

Jan 12, 2026 4:03 PM

13K Comments

Joined Jan 2007

MadPupJan 12, 2026 4:03 PM

13K Comments

Quote from TunaSushi

:

I don't know why you're getting downvotes. Entering your data online increases exposure to malevolent actions. Installing an application locally reduces overall risk.

Turkeys voting for Thanskgiving. Wink

make_moneys

Jan 12, 2026 4:32 PM

7.8K Comments

Joined Jan 2009

make_moneysJan 12, 2026 4:32 PM

7.8K Comments

Quote from SlickFly

:

I am taxed at 35%, & typically end up paying hefty Tax Amount at the time of Tax Filing & also an additional underpayment Penalty, which I happily pay. My contention is... I am able to utilize this delayed-tax-amount invested in stocks for longer which pays me a higher return than the penalty amount. Is there anything wrong with this scenario, OR it is better to pay quarterly estimated taxes?

Sounds like you need to do some tax planning to decrease your tax paid. Lots of things you can do but this is not the right place to discuss it

1

whodiini

Jan 12, 2026 4:43 PM

1.9K Comments

Joined Jan 2006

whodiiniJan 12, 2026 4:43 PM

1.9K Comments

Quote from make_moneys

:

Sounds like you need to do some tax planning to decrease your tax paid. Lots of things you can do but this is not the right place to discuss it

Correct. One way to do this that provides insight is to use your tax prep software and just try different scenarios and see which ones work better in your situation. You should try Bogleheads if you want to discuss in more detail. SD is for deals, not tax situations.

2

tkeppell

Jan 12, 2026 4:53 PM

404 Comments

Joined Nov 2008

tkeppellJan 12, 2026 4:53 PM

404 Comments

Quote from gangan

:

Turbotax Premium
Fidelity 25% of 105 = 78.75
Use with Amex offer of max $20 off of $40
= 58.75

Costco $82 - $10 inbuilt coupon = $72

Isn't Fidelity+ Amex or Chase better option? What am I missing?

I have the same question.

JenW4322

Jan 12, 2026 5:34 PM

16 Comments

Joined Apr 2017

JenW4322Jan 12, 2026 5:34 PM

16 Comments

Quote from tkeppell

:

I have the same question.

You can't double dip on their affiliate links, as far as I can tell. Using the Amex link, my $120 product became $100. Using the Fidelity link, $84 (30% off).

tkeppell

Jan 12, 2026 5:50 PM

404 Comments

Joined Nov 2008

tkeppellJan 12, 2026 5:50 PM

404 Comments

Quote from JenW4322

:

You can't double dip on their affiliate links, as far as I can tell. Using the Amex link, my $120 product became $100. Using the Fidelity link, $84 (30% off).

Got it. Thanks.

JenW4322

Jan 12, 2026 6:57 PM

16 Comments

Joined Apr 2017

JenW4322Jan 12, 2026 6:57 PM

16 Comments

Quote from tkeppell

:

Got it. Thanks.

If you have a Chase card, it appears you can double-dip using the Fidelity link, and then paying with your Chase card for an additional 25-30% off (max of $20).

whodiini

Jan 12, 2026 8:25 PM

1.9K Comments

Joined Jan 2006

whodiiniJan 12, 2026 8:25 PM

1.9K Comments

Per my earlier post, I got 25% off from the fidelity link, then used my $20 max off from my Chase offers. I purchased the desktop software direct from Turbotax. Today my Chase offer posted with $20 credit. So my final price for TT Business and Home was $70. While this is a few dollars more than Costco starting 1/19 assuming that Costco drops another $20, there was a deal on the TT website that offers $5 state returns by joining their club which auto renews but is cancelable. So it ends up pretty much a wash in terms of cost. Now the most important factoid is that I went and got it earlier because I wanted to do estimated taxes before the 1/15 deadline for 4q estimated tax payments. TT is completely useless right now in its current state, so my recommendation is to wait until next week to get it with the $20 discount. You cannot use it, so there is no benefit to getting it earlier, Details: Significant Portions are disabled. Stocks sales/capital gains section doesnt work for example. When you choose those disabled sections, it says not ready, wait. So why rush buying something that doesnt work?

Intuit TurboTax 2025 Tax Software + $10 In-Product Credit: Deluxe (Federal+State)

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