TurboTax’s $141 Million Settlement: Who Is Eligible to Claim Money and Why – CNET

This story is part of Taxes 2022, CNET’s coverage of the best tax software and everything else you need to get your return filed quickly, accurately and on-time.

TurboTax’s parent company, Intuit, has agreed to pay out $141 million in compensation after the Federal Trade Commission filed suit alleging millions of customers were deceived into paying for tax-prep services that should’ve been free.

The FTC alleges that, in 2020 alone, two-thirds of eligible filers couldn’t use TurboTax Free Edition, including gig workers and people who earned farm income. Investigators said Intuit also engaged in deceptive marketing and trade practices, including intentionally blocking its IRS Free File landing page from search engine results.

The company also lured people in with ads that touted its free edition, “only to deceive them into paying,” according to New York Attorney General Letitia James, who brokered the multistate settlement.

“For years, Intuit misled the most vulnerable among us to…

Read Full Story: https://www.cnet.com/personal-finance/taxes/turbotaxs-141-million-settlement-who-is-eligible-to-claim-money-and-why/

The post TurboTax’s $141 Million Settlement: Who Is Eligible to Claim Money and Why – CNET first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/05/08/turbotaxs-141-million-settlement-who-is-eligible-to-claim-money-and-why-cnet_2022050819361.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.