Millions of customers will receive a $141 million payment for the TurboTax settlement in May.
$141 Million TurboTax Settlement After Deceiving Millions of Customers
As part of the $141 million TurboTax settlement, almost 4.4 million nationwide customers, specifically low-income families, will receive payments in May after deceiving them of paying for tax services that are supposed to be free.
More than 122,000 eligible Michigan customers will expect over $3.5 million in payments and reportedly will receive from $29 to $30 payments each as part of the TurboTax settlement, The Center Square reported.
According to the report, the $141 million multistate TurboTax settlement was agreed upon by all 50 states and received a sign from the District of Columbia to settle the lawsuit filed against the tax group after tricking millions of their customers.
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How To Know If Eligible for the $141 Million TurboTax Settlement
TurboTax customers who paid to file their federal tax returns in 2016, 2017, and 2018 but were eligible to file for free were eligible for the $141 million TurboTax settlement and will be contacted via email to discuss the settlement.
Each eligible customer will receive payments based on how many tax years they qualify for. However, they are not required to file any claim to be eligible for the TurboTax settlement because they will all receive the checks automatically in May 2023.
Customers can visit the AG TurboTax Settlement website to know more about the settlement and payments.
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