In exchange for participating in the program, the IRS agreed not to compete with Intuit and other tax-prep companies by providing its own electronic tax preparation and filing services to American taxpayers.
#TURBOTAX FREE ONLINE 2014 FREE#
One was through its participation in the IRS Free File Program, a public-private partnership with the Internal Revenue Service (IRS), which allows taxpayers earning less than roughly $34,000 and members of the military earning less than roughly $65,000 to file their taxes for free.
Intuit has offered two free versions of TurboTax.
Vermont’s investigation into Intuit began after it was reported in the media that the company was using deceptive digital tactics to steer low-income consumers toward its commercial products and away from federally supported free tax services. “I am pleased that, in addition to returning money to Vermonters, this settlement requires Intuit to play by the rules.” “This settlement will put money back into the pockets of the service members and low-income Vermonters who were deceived by TurboTax,” said Attorney General Donovan. Vermont consumers who were deceived into paying to file their federal tax return by Intuit will receive $289,863.62 in total restitution. All 50 states and the District of Columbia have signed onto the agreement. In addition, Intuit must suspend TurboTax’s “free, free, free” ad campaign that lured customers with promises of free tax preparation services, only to deceive them into paying for services.
As a result of a multistate agreement, Intuit will pay $141 million in restitution to millions of consumers across the nation who were unfairly charged. (Intuit), for deceiving Vermont consumers into paying for tax services that should have been free. Vermont Business Magazine Attorney General TJ Donovan today announced a settlement with TurboTax, Intuit Inc.
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