Starting this week, millions of Americans, a majority of them with less money would start receiving cheques in the mail as a result of a $141 million settlement with Intuition, the company that makes TurboTax. Intuit, the firm that created Turbo Tax, resolved a legal issue on how it managed the advertising of its tax preparation program from 2016 to 2018 this past year.
Around 4.4 million customers who thought they would receive Turbo Tax for free had to pay, with some paying up to $100.
Intuit “cheated customers by stealing their hard-earned income by forcing customers to make payments for tax preparation services that might have been accessible for free,” Pennsylvania Attorney General Michelle Henry stated in a statement regarding the civil settlement.
Henry announced the $141 million multistate deal with Intuitive alongside the attorneys general of Tennessee, Florida, Illinois, New Jersey, North Carolina, New York, Texas, and Washington. Yet, the agreement was endorsed by all 50 states as well as the District of Columbia.
Intuit will not acknowledge guilt in reaching the multi-million dollar agreement. Yet, the deal, which follows the $725 million Facebook lawsuit settlement, implies that qualified TurboTax clients might get payments that vary from $25 to $85.