Texas to Receive $14M as Part of $141M Settlement With Intuit Over Misleading TurboTax Advertising
In recent years, TurboTax aggressively marketed a "freemium" product that in reality is only free for approximately one-third of U.S. taxpayers, New York Attorney General Letitia James said.
May 04, 2022 at 05:59 PM
3 minute read
The original version of this story was published on New York Law Journal
Texas will receive more than $14 million as part of a $141 million multistate settlement with Inuit Inc., marketer of the popular "Turbo Tax" tax preparation software. As a result, some 500,000 Texans will benefit from the settlement after Intuit misled them into purchasing the company's tax products when they were already eligible to file their taxes for free. Eligible Texas consumers should begin receiving their restitution payments within the next few months, according to a press release from Texas Attorney General Ken Paxton.
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