If you’re a Fidelity investor getting ready for tax season, you’ve probably wondered whether there’s a Fidelity TurboTax discount available, or maybe even a way to file through Fidelity for free.
Fidelity and TurboTax have partnered for years, and many customers use TurboTax to automatically import Fidelity tax forms like brokerage transactions, dividends, and capital gains.
So, can you file for free through Fidelity, and if not, how much can you save? Let’s break down how the Fidelity TurboTax discount works and whether it’s the best deal available now. *Updated for 2026
Fidelity TurboTax Offers: Discount | Free? | $5 Download | Best deal? | FAQs
Does Fidelity Offer a TurboTax Discount?
Yes, Fidelity usually offers a partner discount to its customers for up to 25% off TurboTax online products during tax season. In previous years, they have also offered TurboTax Premier Download for only $5, which is more than a 90% discount off the regular $100+ price!
If available, these offers will be located in the Featured section of the Fidelity Marketplace here.
The Fidelity discount for TurboTax online editions also includes Expert Assist and Expert Full Service products.
Can Fidelity Clients Get TurboTax for Free?
There are two possible ways that Fidelity customers can file free:
- Special offer for preferred clients: Certain Fidelity customers are offered a free copy of TurboTax Online Premium, including one free state return. To check if this offer has been extended to you, check the “Portfolio Summary” page after logging into your account starting in mid-December.
- You qualify for TurboTax Free Edition: This option is not exclusive to Fidelity customers and only applies to simple tax situations. TurboTax Free Edition supports basic returns, such as W-2 income, limited interest income, and standard deductions.
*TurboTax Free Edition. ~37% of filers qualify. Simple Form 1040 returns only (no schedules, except for EITC, CTC, student loan interest, and Schedule 1-A)
If you have a brokerage account with Fidelity, you probably have investments, making you ineligible for the TurboTax Free edition. So, your best bet is to check your Fidelity account during tax season to see if you were offered a complimentary copy of TurboTax Premier.
Amazing Fidelity $5 Offer for TurboTax Download
The promotions on Fidelity Marketplace may include an option to download TurboTax Premier Desktop for only $5 during tax season. For those who prefer to have the software on their desktop or laptop. That’s an amazing deal, as the regular price for Premier Download is over $100!
Is the Fidelity TurboTax Discount the Best Savings?
TurboTax provides their partners and affiliates with a discount to promote to their customers. Usually, the amount of this discount is consistent across partners, and the only difference is the co-branded splash page that you are directed to on turbotax.com.
However, top preferred partners like Fidelity and Chase sometimes get a slightly better deal to promote than others.
For example, elsewhere online, you’ll see TurboTax partners promoting a 20% discount for online products, but Fidelity may have a 25% discount!
For this reason, I recommend comparing the Fidelity discount to today’s on-site featured offer here, which is what most other affiliates promote. The best pricing for TurboTax products is early in the tax season, so don’t procrastinate, if possible!
Fidelity TurboTax Discount FAQs
Fidelity does not provide an exclusive free version of TurboTax, but they may offer preferred clients a copy of Premier online for free or download for only $5.
Most Fidelity customers with eligible brokerage, retirement, or investment accounts may qualify. If available, this year’s discount will be listed in the Fidelity Marketplace or your cusrtomer account.
Yes. The discount can be used on paid TurboTax versions that support investment income, capital gains, dividends, and brokerage account reporting.
The Fidelity TurboTax discount usually reduces the price of paid TurboTax versions. It does not typically make TurboTax completely free for returns with investments or capital gains.
Fidelity usually offers a TurboTax discount annually, but availability and discount amounts can change from year to year, including in 2026.
To Summarize…
The Fidelity TurboTax discount can be a pretty sweet perk for Fidelity customers who use TurboTax. Save up to 25% online, and look for their $5 promotion for Premier download. If available, it’s probably the best deal out there from any of their partners.
I hope we were able to clarify the Fidelity TurboTax discount for you, and thanks for stopping by!