It has recently come to my attention that State Farm is no longer offering free TurboTax to its banking customers:
For many years, State Farm has offered TurboTax for free, or at a greatly reduced price, as a special benefit to their bank and mutual fund customers. State Farm insurance customers have also received special discounts. State Farm has made the decision to discontinue this program for Tax Year 2016.
That’s a bummer. For years I have had $25 parked in a State Farm savings account explicitly for the purpose of getting free (or almost-free, since I have business filings) TurboTax. This one never got as much publicity as, say, the CHASE SAPPHIRE PREFERRED, but it was still a great deal. I’m surprised that it lasted this long, so while it’s disappointing to see it end I can’t say I’m shocked.
I know that some financial institutions (for example Fidelity) offer discounts on TurboTax. For the benefit of the readership and of yours truly, are all the discounts pretty similar or do any stand out?