This Tax Season is the Biggest for TurboTax

Ariel Ariel
2/17/23

This is a single insight from This Week in Apps - Lots of Opportunities. Check out the full article for more insights.


This Tax Season is the Biggest for TurboTax

Changes to tax filing rules + improvements (and lots of ads) have made TurboTax one of the main go-to apps for filing taxes in here the states.

Looking over the last few years, downloads in January and February have been going up and down year after year, but the trend isn't crazy-high. But in 2023 they're going to reach a new milestone.

According to our estimates + my forecast, TurboTax will see more than a million new downloads from the App Store in February. That's the first time the app will cross the million mark.

According to our estimates, TurboTax has already seen an increase of 27% in January, bringing in nearly 900K new downloads from the App Store alone. We expect downloads to grow to 1.2M in February. The highest for the app.

Of the many things that moved in-app in the last few years, this is one of the most relevant to most people. In the US, at least.

It's interesting to see how quickly downloads slop down after February even though the deadline for filing taxes isn't until April. As if late filers don't do it by app (yet).

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Tagged: #business

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