Stay updated with breaking news from File Program. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Attorney General Herbert H. Slatery III, along with New York Attorney General Letitia James, announced today they have secured $141 million from the owner of TurboTax, Intuit Inc. (Intuit), for deceiving consumers into paying for tax services that should have been free. All 50 states and the District of Columbia…
A settlement with all 50 states means some Turbo Tax clients will get around $30, because they could have filed electronically for free.
Intuit has also agreed to reform its business practices as part of the settlement.
TurboTax maker Intuit will pay $141 million "for deceiving millions of low-income Americans into paying for tax services that should have been free.".
TurboTax is being ordered to pay back 176,000 New Yorkers they tricked into paying for tax preparation services they could have gotten for free.