How to get a refund from TurboTax
TurboTax
TurboTax is an American tax preparation software package developed by Michael A. Chipman of Chipsoft in the mid-1980s. Intuit acquired Chipsoft, based in San Diego, in 1993. TurboTax for the Mac was originally named MacinTax, and was developed by SoftView. SoftView was in turn pur…
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What does the $141 million settlement mean for TurboTax users?
The $141 million settlement deal between Intuit, the maker of TurboTax tax-filing software, and all 50 state attorneys general means that some 4 million affected taxpayers who were deceived by misleading promises of free tax-filing services will be compensated.
Did TurboTax steal millions from taxpayers?
You may have heard on the news that TurboTax owner Intuit, Inc. has agreed with the attorneys general of all 50 states to pay $141 million in restitution for allegedly tricking millions of taxpayers into paying to file their taxes when they were eligible to do so for free.
Did you have to pay to file taxes with TurboTax?
Intuit is providing restitution to nearly 4.4 million people in all 50 states who used TurboTax's Free Edition between tax years 2016 and 2018. These people were told they had to pay to file, even though they qualified for the IRS Free File program, a partnership between the agency and major tax prep software companies.
What happened to TurboTax free ads?
Under the terms of a settlement signed by the attorneys general of all 50 states, Mountain View, California-based Intuit Inc. will suspend TurboTax’s “free, free, free” ad campaign and pay restitution to nearly 4.4 million taxpayers, New York Attorney General Letitia James said.
How do I get my money from TurboTax settlement?
0:431:30No action required to receive money from TurboTax settlement - YouTubeYouTubeStart of suggested clipEnd of suggested clipNow if you are one of those people. And you file between the 2016. 17 or 18. Tax years you are nowMoreNow if you are one of those people. And you file between the 2016. 17 or 18. Tax years you are now eligible for a 30 check and you don't have to do anything to get it simply get a notice in the mail.
Will I get money back from TurboTax settlement?
A $141 million settlement announced Wednesday will return up to $90 to consumers who were wrongfully charged for tax-filing services from 2016 to 2018.
What's going on with the TurboTax lawsuit?
Under terms of a settlement signed by the attorneys general of all 50 states, Intuit Inc. will suspend TurboTax's “free, free, free” ad campaign and pay restitution to nearly 4.4 million taxpayers.
Is TurboTax settlement legit?
According to the settlement, TurboTax deceived customers into paying for its premium tax filing service after luring them in with its “freemium” service. TurboTax did not tell customers they were ineligible for the “freemium” service until they completed much of the tax filing process, the settlement alleges.
How much will people get from TurboTax settlement?
How do I file a settlement claim with TurboTax? If you qualify, you will automatically receive a direct payment of approximately $30 for each year that they were deceived into paying for filing services, according to James' office.
How long does it take to get a check from TurboTax?
21 daysMost refunds will be issued in less than 21 days. You can start checking the status of your refund within 24 hours after you have e-filed your return. Remember, the fastest way to get your refund is to e-file and choose direct deposit.
What law firm is handling the TurboTax settlement?
OAKLAND – California Attorney General Rob Bonta today, as part of a coalition of 51 attorneys general and with the Los Angeles City Attorney and Santa Clara County Counsel, announced a $141 million settlement against Intuit, resolving allegations that the California-based company deceptively advertised its “free” ...
Does TurboTax steal money?
Intuit, the company behind TurboTax, has agreed to pay out $141 million after it “cheated millions of low-income Americans out of free tax filing services,” in the words of New York Attorney General Letitia James. Most of that money will go to consumers that were tricked into paying for its service.
Why did TurboTax refund some users?
Millions of Americans will receive refunds from TurboTax because they were duped into paying for tax prep that was supposed to be free, according to a nationwide settlement announced by the New York attorney general's office.
Who gets TurboTax settlement?
Customers who paid for the TurboTax service to file their taxes who otherwise would have been eligible for the free services will receive a payment of $30 for each year they were affected from 2016 through 2018, the settlement states.
Does TurboTax steal money?
Intuit, the company behind TurboTax, has agreed to pay out $141 million after it “cheated millions of low-income Americans out of free tax filing services,” in the words of New York Attorney General Letitia James. Most of that money will go to consumers that were tricked into paying for its service.
How do I know if TurboTax was paid?
Log into your TurboTax account. If you have filed, you should be able to scroll down and click on View Order Details. This will provide you with an invoice of payment for your return.