Is there a class action suit against TurboTax?
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.
Will I get money from TurboTax settlement?
It is estimated that 4 million U.S. tax filers will receive funds from the settlement. The settlement only covers the tax years 2016, 2017, and 2018, with impacted users getting about $30 each per year for a potential maximum settlement of about $90.
How much is the TurboTax lawsuit?
$141 million
James announced on Wednesday that Intuit, the company creating the software, would pay back $141 million to more than four million Americans who were unfairly charged for tax services that were falsely advertised as free.
What did TurboTax get in trouble for?
State attorneys general claim Intuit violated the states’ consumer protection laws by engaging in deceptive and unfair marketing, advertising and sales of online tax preparation, according to the agreement.
How do I file a complaint against TurboTax?
You can contact Intuit by mail at Consumer Tax Group, Intuit Inc., 2800 E Commerce Center Place, Tucson, AZ 85706 or by calling 888-777-3066 if you have a question or concern about any product or service we sell over the Internet.
Who gets money from TurboTax lawsuit?
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.
Why is the IRS suing TurboTax?
The Federal Trade Commission is taking action against Intuit Inc., the maker of the popular TurboTax tax filing software, by issuing an administrative complaint against the company for deceiving consumers with bogus advertisements pitching “free” tax filing that millions of consumers could not use.
Why is Intuit being sued?
The FTC sued Intuit in U.S. District Court for the Northern District of California, asking for an immediate halt to its “bogus” advertising as taxpayers rush to meet the April 18 deadline to file their 2021 income taxes. The agency also issued a parallel administrative complaint on Monday.