TurboTax to Pay $141 Million Settlement for Deceiving Taxpayers

TurboTax to Pay $141 Million Settlement for Deceiving Taxpayers
Turbo Tax is displayed on a device in San Francisco, Calif., on Feb. 22, 2018. Kimberly White/Getty Images for TurboTax
Naveen Athrappully
Updated:

New York attorney general Letitia James announced that low-income consumers who had been “tricked” by the financial software firm Intuit into paying for free tax services will be receiving millions in dollars as a settlement.

The case revolves around Intuit’s TurboTax tax-preparation software. The $141 million multistate settlement with Intuit was announced last year. The settlement was made after Intuit was charged for deceiving millions of low-income Americans to pay for tax services that should have been free. All 50 states as well as the District of Columbia have signed the agreement.

Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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