But will I have to claim that as income on my taxes?
Intuit, the company behind TurboTax, has agreed to pay out $141 million after it “cheated millions of low-income Americans out of free tax filing services,” in the words of New York Attorney General Letitia James. Most of that money will go to consumers that were tricked into paying for its service. This comes as the result of an agreement it made with the AG (and officials from all 50 states and DC), which will also require the company to change its marketing practices.
According to the Attorney General’s press release, Intuit will owe people $30 for every year they were tricked into paying for TurboTax between 2016 and 2018. The document notes that “impacted consumers will automatically receive notices and a check by mail.”
TurboTax…
