• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Editor's Pick Some TurboTax users will soon be getting settlement checks
Editor's Pick

Some TurboTax users will soon be getting settlement checks

by May 8, 2023
by May 8, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Consumers who recently filed tax returns with TurboTax but were eligible for the Internal Revenue Service’s Free File program will soon start receiving checks as part of a multistate settlement with TurboTax’s parent company, Intuit.

According to a press release Thursday from the Pennsylvania attorney general’s office, eligible customers include those who paid to file federal income tax returns through TurboTax for the tax years 2016, 2017 and 2018.

The $141 million settlement, announced a year ago, came in the wake of a 2019 ProPublica report that showed Intuit had steered low-income taxpayers toward its fee-based products after promising them access to no-cost tax filing services — in part by using advertisements that promised ‘free, free, free’ filings.

“Frequently ‘free’ didn’t mean free at all,” ProPublica reported. “Many who started in TurboTax Free Edition found that if their return required certain commonplace tax forms, they would have to upgrade to a paid edition in order to file.”

Per the terms of the settlement, eligible customers will receive a check in the mail automatically, without having to file a claim. Most are expected to receive between $29 and $30, the press release said.

“By requiring consumers to pay for tax-return services that should have been available for free, Intuit cheated taxpayers out of their hard earned money,” Pennsylvania Attorney General Michelle Henry said in a statement.

“Intuit’s deceptive practices and aggressive advertising campaign were unnecessary and illegal; especially when the IRS offers free tax-return services for eligible consumers.”

You can find more information on the settlement program here.

This post appeared first on NBC NEWS
You Might Also Like
  • The electronic offender monitoring market in Europe and the Americas to reach US$ 2.1 billion in 2026
  • IoT Analytics: 5 IoT sensor technologies to watch
  • Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
  • Target sales ebb after Pride month shopper backlash; company cuts profit outlook for 2023
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows
next post
Flush with cash, the IRS is offering a more accurate picture of when the U.S. will hit debt ceiling

You may also like

UPS workers overwhelmingly approve new contract, ending strike threat

August 23, 2023

Why JPMorgan Chase is prepared to sue the U.S. government...

September 29, 2024

Americans are starting to feel better about the economy and...

December 9, 2023

Ticketmaster’s hidden fees remain common long after it vowed to...

October 26, 2023

More than 200 drugmakers led by Pfizer blast Texas judge’s...

April 11, 2023

UnaBiz Closes Series B at over US$50M with Extension Round...

December 9, 2022

Mortgage demand falls to 27-year low despite drop in interest...

September 8, 2023

Walmart managers can now earn $400,000 a year, no college...

February 1, 2024

Binance and founder Changpeng Zhao sued over accusations of trading...

March 28, 2023

Retailers scramble to move billions in cargo as East Coast...

September 30, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

      June 19, 2025
    • Feeling Unsure About the Stock Market’s Next Move? These Charts Can Help

      June 18, 2025
    • Amazon expects to cut corporate jobs as it relies more on AI

      June 18, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,599 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,874 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,577 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,541 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,416 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Nike pushes back Skims launch with Kim Kardashian due to...

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold...

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global...

      June 19, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    People are losing more money to...

    August 12, 2023

    It wasn’t the endless shrimp that...

    May 25, 2024

    How to Significantly Reduce Development Cost...

    January 17, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here