Are you a Coinbase user who trades cryptocurrency? If so, you might qualify for an exclusive TurboTax discount when filing your taxes this year. As part of their partnership, Coinbase frequently offers special promotions to help customers save on tax software while simplifying crypto tax reporting.
Here's how to access 20% savings on TurboTax Premium (including Live support) and optimize your tax refund with Coinbase's crypto investment tools.
Does Coinbase Offer TurboTax Discounts?
Yes! Coinbase provides 10-20% discounts on TurboTax Premium products that support cryptocurrency tax reporting. This deal is available both:
- Through the Coinbase mobile app
- Via Coinbase's official TurboTax landing page
👉 Claim Your Exclusive TurboTax Discount
How to Access the Discount via Coinbase App:
- Open your Coinbase mobile app
- Tap the menu icon (☰) in top-left corner
- Navigate to Manage Account → Taxes
- Scroll below estimated gains and select the TurboTax icon
- Click Get Started on the redirect page
The system automatically applies your 20% discount on TurboTax Premium and Live packages.
Pro Tip: TurboTax Premium is required for reporting cryptocurrency transactions (trades, staking rewards, mining income).
Maximizing Your TurboTax Savings as a Coinbase User
Coinbase periodically releases special promotions through:
- Account notifications
- Email newsletters
- Their official blog and help center
Key Reminders:
- Only access offers through official Coinbase channels
- Beware of phishing scams during tax season
- Apply discount codes at checkout on TurboTax's official site
💡 Expert Insight: Bookmark Coinbase's tax help center for updated crypto tax guidance.
Reinvest Your Tax Refund in Crypto via Coinbase
TurboTax now offers direct deposit to Coinbase accounts, allowing you to:
- Receive IRS refunds in USD
- Automatically convert funds to cryptocurrency
- Earn interest on idle funds (4-5% APY)
How to Set Up:
- Begin filing through TurboTax's special Coinbase portal
- Select direct deposit refund option
- Choose Coinbase as destination
- Enter your account details or configure direct deposit
Smart Strategy: Hold refunds in USD Coin (USDC) to earn interest while deciding investment strategies.
FAQ: Coinbase TurboTax Partnership
Q: What TurboTax products qualify for the Coinbase discount?
A: Discounts apply to Premium and Live versions supporting crypto tax forms (Schedule D, 8949).
Q: Can I get the discount without a Coinbase account?
A: No, you must be logged into an active Coinbase account to access the promotion.
Q: Is there a deadline to use the discount?
A: Offers typically expire April 15 but confirm dates each tax season.
Q: Can I split my refund between Coinbase and my bank?
A: Yes, TurboTax allows partial direct deposits to multiple accounts.
Key Takeaways
- Coinbase users save 20% on TurboTax Premium/Live
- The discount requires accessing TurboTax through Coinbase's portal
- You can invest tax refunds directly into 100+ cryptocurrencies
- USDC holdings earn competitive interest rates (4-5%)
Final Tip: Combine this offer with other tax-saving strategies like harvesting capital losses through Coinbase's tax tools.
👉 Start Saving on TurboTax Today
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