Acorns Launches Free Tax Filing with Built-In Tax Refund Investing for Gold Customers

Acorns, the financial wellness platform, has introduced a new benefit for its Gold subscription tier: free federal and state tax filing through a partnership with tax technology provider April. The service is designed to simplify tax season for users and seamlessly channel any refund into their Acorns investment accounts.

Acorns Gold customers can now file their taxes directly within the app in minutes, avoiding the typical ~$60 filing fee many Americans face, according to the company. The integration pre-fills Acorns-generated tax documents and provides access to in-app support from tax experts throughout the process.

"For too many people, tax season is stressful and expensive," said Noah Kerner, CEO and Chairman of Acorns. "We're removing friction from the filing process — and more importantly, helping customers auto invest their refunds, turning a once-a-year moment into potential long-term growth building."

Once a refund is received, customers can opt to automatically invest the amount rather than spend it. Acorns cited IRS data showing the average American refund is around $3,000, and illustrated that investing that amount annually for 40 years at a hypothetical 8% return could total approximately $842,000 — though the company noted the calculation is illustrative and not a guarantee of actual portfolio performance.

The new tax filing feature is the latest addition to the Acorns Gold subscription, which the company says delivers an average of $921 in annual value by bundling investing, retirement accounts, banking, and financial education into one subscription. Tax preparation services are provided by April Tax Solutions Inc., and separate terms apply. Acorns does not provide tax, legal, or accounting advice.

Complimentary tax filing is now live for Acorns Gold customers. Acorns has served over 14 million people since 2014 and has helped customers save and invest more than $30 billion.