turbotax self employed discount cost

TurboTax Self-Employed Cost, Best Discount (Free?) 2023

*Update: TurboTax Self-Employed is now part of TurboTax Premium, and not a separate product. Learn more

intuit turbotax logo

TurboTax Self Employed Edition has become increasingly popular as more people work as freelancers, side hustlers, and small business owners. TurboTax helps those who are self-employed find every deduction they deserve. In fact, they call their Self-Employed Edition, “The perfect personal and small business tax solution.”

If you are thinking of using TurboTax Self-Employed there’s no reason to overpay. Let’s look at how much TurboTax Self-Employed costs, the best discount online, and whether it’s worth it.

TurboTax Self-Employed: Cost | Best Discount | Free | Worth It?

TurboTax Self-Employed Pricing:

turbotax self employed price

Here’s how much TurboTax Self-Employed (Premium) costs online:

  • Premium Online $129 $114
  • Self-Employed Live edition: $219 $204
  • Self-Employed Full Service $409 $394
  • Home & Business (Self-Employed) Download CD: $129 $114

Best Discount for TurboTax Self-Employed:

Don’t just go to stores like Target or Costco to buy TurboTax because we can get you a better price with our exclusive discount. Here’s the best deal for TurboTax Self-Employed:

No coupons found.

Top 3 TurboTax Self-Employed discounts now:

  1. Up to $20 off Self-Employed with code: TURBOTAX20
  2. Up to $15 off with code: SELFEMPLOYED15
  3. File before Feb. 20th to save up to $20 on Self-Employed

Is TurboTax Self-Employed Free?

How can you get Self-Employed for free? The Self-Employed Edition is not free to the public. However, some financial institutions may provide the Self-Employed Edition for free to their preferred clients.

TurboTax does have a Free* Edition, but it’s only for simple tax situations making it inadequate for those who are freelancers or self-employed. For example, you can’t enter a 1099-Misc form or access potential deductions that you might qualify for being self-employed.

*Free for simple returns only, not all taxpayers qualify.

TurboTax does have a free Self-Employed tax calculator to estimate your refund at no cost. However, your best chance at getting Self-Employed for free is probably to check with your bank or side hustle such as Uber.

How to Get the Best Price on Self-Employed

Not everyone will pay the same price for TurboTax Self-Employed this tax season. In fact, the exact price you pay for TurboTax Self-Employed depends on three things:

  1. When you e-file – TurboTax products, including Self-Employed, are cheaper early in the tax season before
  2. Optional LIVE Upgrade – TurboTax offers the help of a live tax pro with their LIVE Assisted and Full Service upgrade at an extra expense
  3. Promotional pricing – Use a coupon to reduce the price of the Self-Employed Edition for up to a $20 discount

For the cheapest possible price on TurboTax Self-Employed file early and use a coupon!

Tip: The Self-Employed Edition directly from TurboTax.Intuit.com is cheaper before February 20th of this tax year. After that date, expect the price of Self-Employed to increase by $10 or more!

TurboTax Tips for the Self-Employed

If you are self-employed you know the importance of every potential tax deduction. In fact, a single missed deduction can cost you hundreds of dollars or more on your Federal tax return. Here are some tips for freelancers and the self-employed from TurboTax:

Is Self-Employed Worth the Extra Cost?

TurboTax Self-Employed Edition is consistently ranked as one of the best tax software for freelancers and those who are self-employed. To help you decide whether it’s worth the price, let’s look at what you get:

  • Industry-specific tax deductions
  • Searches for 500 potential tax deductions
  • Unlimited employee tax forms
  • Home office expense help
  • Ideal for 1099-NEC income
  • Calculate asset depreciation
  • Mileage & vehicle deductions
  • Simplified Schedule C filing
  • Import from QuickBooks Self-Employed
  • View all features here

As you can see, TurboTax Self-Employed is packed with features for the relatively low. Also, consider that missing a single deduction can cost you a lot of money, so going with cheaper or second-rate tax software probably isn’t actually worth the risk and small savings over buying a cheaper edition like Premier.

In my opinion, TurboTax Self-Employed is a great investment and delivers a lot of features for the price. However, you should still compare it against the “Self-Employed” editions of a short list of other top brands including H&R Block and TaxSlayer.

I hope you have a lot of capital gains from your business or freelance work to report this year. I also hope we were able to educate you on the price of TurboTax Self-Employed while providing you with the best discount.

Thanks for stopping by Mighty Taxes!

About kevin

Hi, I'm Kevin McCormick. I graduated from Rutgers U., and now live in Philadelphia with my wife, three kids, and a dog. I enjoy blogging in my free time, especially about finance and the history of taxation. Thanks for stopping by Mighty Taxes!