TurboTax customers to receive checks for $141-million settlement

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TurboTax customers to receive checks for $141-million settlement
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In a settlement agreement last year, TurboTax’s owner Intuit was ordered to pay $141 million to low-income consumers who were deceived into paying TurboTax to file their federal returns.

In a settlement last year, TurboTax’s owner Intuit was ordered to pay $141 million to some 4.4 million people across the country. Those impacted were low-income consumers eligible for free, federally supported tax services — but paid TurboTax to file their federal returns across the 2016, 2017 and 2018 tax years due to “All 50 states and the District of Columbia signed the May 2022 settlement, which was led by James.

Checks will be mailed starting next week, and continue through the month of May. The amount paid to each eligible consumer ranges from $29 to $85 — depending on the number of tax years they qualify for. Under the terms of last year’s settlement, Intuit agreed to suspend TurboTax’s “free, free, free” ad campaign. According to documents obtained by ProPublica, Intuit executives were aware of the impact of advertising free services that were actually not free for everyone.

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