TurboTax, the popular tax preparation software, has agreed to pay a $141 million settlement to taxpayers who could have filed their taxes for free but were charged by the company. The settlement was reached after a class-action lawsuit was filed against TurboTax owner, Intuit Inc., alleging that the company misled customers into paying for tax services that were supposed to be free.
The settlement will be distributed to affected taxpayers in various states, including New York, Colorado, Hawaii, Virginia, and North Carolina. The payments are set to start next week, and eligible taxpayers will receive a check or a direct deposit.
How TurboTax Misled Taxpayers
The lawsuit against Intuit Inc. alleged that the company misled customers into paying for tax services that they could have received for free. TurboTax has a partnership with the Internal Revenue Service (IRS) to offer free tax filing services to eligible taxpayers. However, the company allegedly used deceptive marketing tactics to steer customers away from the free service and into paid options.
Also Read:- King Charles III: A Look into His Coronation and Celebrity Endorsements
- Pakistan Clinches ODI Series Against New Zealand with Dominant Performance
The company allegedly used language that suggested that customers were not eligible for the free service, even when they were. TurboTax also allegedly hid the free option from search engines and misled customers into thinking that they had to pay for services that were supposed to be free.
Who is Eligible for the Settlement?
The settlement is open to taxpayers who used TurboTax to file their federal taxes in 2016, 2017, 2018, or 2019 and who were eligible for the free service but were charged by the company. The settlement also includes taxpayers who were eligible for the free service but were not made aware of it by TurboTax.
In Colorado, eligible taxpayers will receive an average of $30 each, while in Virginia, eligible taxpayers will receive between $5 and $20 each. In Hawaii, eligible taxpayers will receive between $10 and $60 each, and in North Carolina, eligible taxpayers will receive between $10 and $100 each.
The Importance of Knowing Your Rights
The TurboTax settlement highlights the importance of knowing your rights as a consumer and being aware of the free services that are available to you. In this case, eligible taxpayers could have saved money by using the free tax filing service, but were misled into paying for services that they could have received for free.
As a taxpayer, it is important to research your options and be aware of any free services that are available to you. It is also important to be cautious of marketing tactics that may steer you away from free services and towards paid options.
The TurboTax settlement serves as a reminder to companies that they must be transparent and honest with their customers. It also highlights the importance of knowing your rights as a consumer and being aware of the free services that are available to you.
If you used TurboTax to file your taxes between 2016 and 2019 and were charged for services that you could have received for free, you may be eligible for a settlement payment. Be sure to check with your state's attorney general office to see if you are eligible.
Keywords: TurboTax, settlement, Intuit Inc., taxpayers, free service, deceptive marketing tactics, consumer rights, transparency, attorney general.
Read More:- Behind the Scenes at a North Shields Dog Grooming Salon
- CVS Health Pauses M&A Activity and Focuses on Integration
Thanks for Visiting Us – Mirror7News.com
Post a Comment