TurboTax to Pay $141 Million Settlement: What You Need to Know

TurboTax to Pay $141 Million Settlement: What You Need to Know

National League, Ryan Reynolds, Rob McElhenney, Wrexham Association Football Club, TurboTax, settlement, deceptive advertising, class-action lawsuit

TurboTax to Pay 141 Million Settlement What You Need to Know

TurboTax, the popular tax preparation software, has agreed to pay a $141 million settlement to 4.4 million Americans over allegations of deceptive advertising. If you are a TurboTax user, you may be eligible for a payout. Here̢۪s what you need to know.

What Happened? The settlement comes after a class-action lawsuit was filed against TurboTax, alleging that the company misled customers by advertising free tax filing when, in reality, many customers had to pay for the service. The lawsuit also alleged that TurboTax made it difficult for customers to find the free filing option and that the company charged unexpected fees.

Who Is Eligible? If you used TurboTax̢۪s online tax preparation service between January 2016 and April 2022 and paid for any services, you may be eligible for a payout. The settlement will be divided among eligible customers based on how much they paid for the service.

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How to Check If You̢۪re Eligible? TurboTax has already begun sending out settlement checks to eligible customers. If you̢۪re unsure whether you̢۪re eligible for a payout, you can visit the settlement website and enter your information to check. If you̢۪re eligible, you should receive a check in the mail.

How Much Will You Receive? The amount you receive will depend on how much you paid for TurboTax̢۪s services. The settlement will be divided among eligible customers based on the amount they paid. The average payout is expected to be around $32 per person, but some customers may receive more or less.

What to Do If You Haven̢۪t Received a Check? If you̢۪re eligible for a payout but haven̢۪t received a check, don̢۪t worry. TurboTax will continue to send out checks until all eligible customers have been paid. If you haven̢۪t received a check by the end of May 2023, you can contact the settlement administrator for assistance.

How to Cash the Check? If you receive a settlement check, you can cash it at your bank or deposit it into your account. The check will be valid for 90 days from the date it was issued, so make sure to cash it before it expires.

If you used TurboTax̢۪s online tax preparation service between January 2016 and April 2022, you may be eligible for a payout as part of the $141 million settlement. The settlement is in response to allegations of deceptive advertising and unexpected fees. To check if you̢۪re eligible for a payout, visit the settlement website. If you̢۪re eligible, you should receive a check in the mail.

Keywords: TurboTax, settlement, deceptive advertising, class-action lawsuit, payout, eligibility, fees, online tax preparation service.

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