TurboTax is paying out $141 million in settlement checks to 4.4 million Americans this month. Here's how to know if you get one.
The AGs said the company used the advertising to make people think their tax filing would be free, only to charge them for it once their return did not meet Intuit's definition of"simple," even though they could have filed for free through the IRS.
The average payment will be about $30, but those who paid in more than one of the three eligible tax seasons will get a payment for each year. The Thursday statement indicates the maximum someone will get through the settlement could be about $85 if they were affected all three years.about Intuit's deceptive marketing and behind-the-scenes lobbying to prevent the government from simplifying tax filing and making it free, which would effectively destroy TurboTax's business.
"Intuit is pleased to have reached a resolution with the state attorneys general that will ensure the company can return our focus to providing vital services to American taxpayers today and in the future," an Intuit spokesperson told Insider.when the settlement was first announced last year, which states the company did not admit any wrongdoing in the settlement, but did agree to alter its advertising practices.
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