$141 Million Settlement to be Issued to TurboTax Customers
Millions of American taxpayers who were eligible for free tax services but were misled into paying TurboTax will soon receive settlement checks as compensation. In a settlement reached last year, Intuit Inc., the owner of TurboTax, was ordered to pay $141 million to approximately 4.4 million individuals nationwide. These individuals, who were low-income consumers qualifying for free federally-supported tax services, were charged by TurboTax to file their federal tax returns for the years 2016, 2017, and 2018 due to deceptive and predatory marketing practices, according to New York Attorney General Letitia James.