About 4.4 million Turbo Tax customers could soon get a check after the company was accused of deceiving customers looking for its free file program.
TurboTax will return $141 million to customers after the company was accused of pitching “free” tax filing to millions of Americans.
According to a court filing, the IRS and Intuit formed a public-private partnership in 2002. In the agreement, Intuit would offer a version of its TurboTax software for free for low-income users. In exchange, the IRS agreed not to compete with TurboTax by creating its own electronic tax preparation.
But what the FTC and state attorneys general alleged was Intuit knew customers were confused about the products offered by TurboTax.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TurboTax Paying $141 Million to Taxpayers Who Could Have Filed for FreeTurboTax owner Intuit will make payments ranging from $29 to $85 to millions of Americans who were charged for tax preparation that should have been free
Read more »
TurboTax users to receive money from $141 million settlement.TurboTax users who have used the service in recent years are set to receive some of a $141 million settlement sometime over the next few weeks.
Read more »
Checks to taxpayers from $141M TurboTax settlement start next week, New York AG saysNew York Attorney General Letitia James says payments will soon be sent to impacted taxpayers from the state's $141 million settlement with Intuit, the maker of TurboTax.
Read more »
Intuit TurboTax customers to receive refunds after being misled into paying for federal tax returnsMore than 465,000 Texans will receive payment from the $141 million settlement that was reached with Intuit TurboTax in 2022 after customers were misled to pay the company to file their federal tax returns.
Read more »
Certain TurboTax users in California getting up to $85 each in free filing settlementAn estimated 370,000 low-income customers are sharing about $11.4 million from the settlement.
Read more »
Some TurboTax users can get settlement money from Intuit in 2023. Here's how.The refunds are part of a $141 million settlement affecting more than 4 million consumers all 50 states plus Washington, D.C.
Read more »