The NYS Attorney General has just settled with the owner of TurboTax, Intuit Inc. (Intuit), for deceiving millions of low-income Americans into paying for tax services that should have been free.
According to documents obtained by ProPublica, Intuit executives knew they were deceiving customers by advertising free services that were not in fact free to everyone.
(CNN) — Intuit, the owner of tax filing software TurboTax, has agreed to pay $141 million in a settlement with all 50 states for allegedly steering millions of low-income Americans away from free tax-filing services.
A 2019 ProPublica report found that Intuit Inc. used deceptive tactics to steer low-income tax filers away from federally supported free services and toward its own commercial products.
According to documents obtained by ProPublica, Intuit executives knew they were deceiving customers by advertising free services that were not in fact free to everyone.
By Jordan Valinsky, CNN Business Intuit, the owner of tax filing software TurboTax, has agreed to pay $141 million in a settlement with all 50 states for allegedly steering millions of low-income Americans away from free tax-filing services.
TurboTax owner Intuit agreed to pay all 50 U.S. states a total of $141 million to resolve claims that the online tax preparer duped low-income Americans into paying for services
The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States, including in Illinois, who were deceived by misleading promises of free tax-filing services, officials announced.
Select TurboTax users can expect to receive a little extra money after the tax software developer's parent company entered a settlement with all 50 states' attorneys general on Wednesday.
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.
Intuit also agreed to suspend its “free, free, free” ad campaign for the online tax software that it allegedly used to lure customers with free services and then deceived into paying.
Intuit will suspend TurboTax's "free, free, free" ad campaign and provide restitution to nearly 4.4 million consumers who used the Free Edition for tax years 2016 through 2018.
New York's attorney general says the company will make the payout to customers across the U.S. who were deceived by misleading promises of free tax-filing services.
In a settlement, the software company admitted no wrongdoing but agreed to repay fees it had charged millions of Americans for returns that the authorities said were falsely advertised as free.
NEW YORK -- Intuit Inc. agreed to pay $141 million in restitution to settle claims by all 50 U.S. states and Washington, D.C., that it tricked millions of customers into
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Intuit to pay $141M settlement over 'free' TurboTax ads | Since Then
