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. Consumers will receive a direct payment automatically and will receive notices through the mail.
How much will I get from TurboTax settlement?
Eligible TurboTax users will receive notification, either in an email or letter. Impacted customers will receive approximately $30 for each year that they were deceived into paying for filing services. How do I file a settlement claim with TurboTax?
What happened to TurboTax?
TurboTax, a California-based tax filing company owned by Intuit, has agreed to a settlement totaling $141 million to be distributed to customers across the United States.
Did TurboTax Cheat you Out of free tax filing services?
Filers who used TurboTax's Free Edition for tax years 2016 through 2018 will be mailed a check for approximately $30 for each year they were charged when they should have been able to use free services. "Intuit cheated millions of low-income Americans out of free tax filing services they were entitled to," James wrote in a press release.
How much do you get for filing taxes with TurboTax?
Those customers will receive $30 for each year they qualified for the federal IRS Free File program but ended up paying to file taxes due to TurboTax’s confusing system. “Intuit cheated millions of low-income Americans out of free tax filing services they were entitled to,” James said in the release.
Will I get money back from TurboTax lawsuit?
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.
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 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 is going on with TurboTax lawsuit?
TurboTax maker will pay $141M in settlement over ads for free tax-filing Under 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.
Does TurboTax owe people money?
Intuit has agreed to pay $141 million to four million Americans who paid for its tax preparation services. If you used TurboTax between the years 2016 and 2018 to file your taxes, Intuit may owe you up to $90.
How long does TurboTax hold your refund?
TURBOTAX CD/DOWNLOAD: Fastest Refund Possible: Fastest federal tax refund with e-file and direct deposit; tax refund time frames will vary. The IRS issues more than 9 out of 10 refunds in less than 21 days. TurboTax Product Support: Customer service and product support hours and options vary by time of year.
What happens after TurboTax accepts your return?
After acceptance, the next step is for the government to review your refund. During the review process, they look for math errors on your return (extremely rare in TurboTax) and check if you owe back taxes, unpaid child support, or other debts. If they need to make any corrections, they may offset (reduce) your refund.
What bank does TurboTax use?
Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have your TurboTax fees deducted from your refund.
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 I get an email from TurboTax?
Scammers will sometimes send emails that appear to come from legitimate tax preparers. If you receive a suspicious email that appears to come from TurboTax, forward it to us at [email protected] so we can investigate. You can also get the latest on any phishing scams we know about from our Online Security Center.