![]() The Thursday statement indicates the maximum someone will get through the settlement could be about $85 if they were affected all three years. The average payment will be about $30, but those who paid in more than one of the three eligible tax seasons will get a payment for each year. ![]() The AGs said the company used the advertising to make people think their tax filing would be free, only to charge them for it once their return did not meet Intuit's definition of "simple," even though they could have filed for free through the IRS. ![]() The state attorneys general said the company deceived Americans with advertising campaigns that emphasized its products were " free, free, free" when its gratis program only covers Americans with "simple" tax returns, as defined by the company. The settlement covers TurboTax users across all 50 states and Washington, DC, who unnecessarily paid the program to have their taxes filed in 2016, 2017, or 2018 when they would have been eligible to use the Free File Program from the Internal Revenue Service. "Today we are righting that wrong and putting money back into the pockets of hardworking taxpayers who should have never paid to file their taxes." "TurboTax's predatory and deceptive marketing cheated millions of low-income Americans who were trying to fulfill their legal duties to file their taxes," James said in a statement. New York Attorney General Letitia James, who led the settlement effort, said Thursday those who are eligible will be contacted by email and checks will be distributed this month, one year after the settlement was originally announced. In 2016, 2017, and 2018 millions of Americans paid TurboTax to file their taxes when the IRS would have done it for free.Īn estimated 4.4 million Americans will soon receive checks as part of a $141 million settlement from Intuit, the parent company of popular tax filing software TurboTax.TurboTax and parent company Intuit agreed to the settlement last year over allegedly deceptive ads.Payments from a $141 million TurboTax settlement will be sent to 4.4 million Americans this month. / 11:10 AM / MoneyWatch Some consumers who used Intuits TurboTax could get up to 85 each as part of a 50-state settlement over the software makers tactics that allegedly tricked.This will require your return to be sent electronically instead of paper.Account icon An icon in the shape of a person's head and shoulders. Another good use of the tool is its notifications if there is an error with an application, allowing filers to make changes quickly. Information is available 24 hours after a filing has been submitted. This allows taxpayers to check the status of their refund after providing their Social Security Number, the refund total, and their tax filing status. The IRS has a tool called “ Where’s My Refund” which is accessible online. How to check the status of your tax return Those who file with paper may have to wait up to six months to receive their refund. ![]() Typically the IRS is able to distribute a tax refund within 21 days so long as the return is filed electronically. Filing a tax return as soon as possible is the best way to make sure your return is processed promptly the IRS will be sifting through tens of millions of tax returns on a first-come-first-served basis. Tax filers will be eager to know if and when they will be receiving a tax refund.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |