Do you want to claim the TurboTax settlement 2025? Follow the guide to know how you can do that. We shall see the steps for the same, along with some more insights. So, let’s begin.
What is a TurboTax settlement?
The TurboTax settlement was a big agreement in 2022 where Intuit, the company behind TurboTax, paid $141 million. The story is huge and runs a few years back. Basically, the investigation by state attorneys general found that Intuit was deceptively advertising “free” tax filing, causing people, especially those with low to moderate incomes who qualified for the IRS Free File Program to pay for a service that should have been free. This was legally unfair and an action was initiated against it. This was to compensate about 4.4 million customers nationwide.
If you fall in that category and have paid for TurboTax to file your federal taxes for the 2016, 2017, or 2018 tax years but were eligible for the free IRS program, you are most likely to receive some amount in your account back. We shall see the process for the same in an upcoming section.
Who can claim the TurboTax settlement?
The TurboTax settlement applied to a very specific group of people and you need to meet those requirements before you can claim an amount. You can be considered eligible in these cares
- You paid to file your federal tax returns using TurboTax for the 2016, 2017, or 2018 tax years. Either or all of these years work, as it will make you eligible.
- You were simultaneously eligible to file for free through the IRS Free File Program, but paid the extra service fee which should have been exempted for you. This usually applies to low-to-moderate income taxpayers.
- You started a tax return using a TurboTax Free Edition product but were then told you had to pay to continue and complete the filing. This is no less than a scam, although not very direct, and you have all the right to file a claim!
In either case, you can claim the settlement amount and legally have it back in your account.
How to claim the settlement amount for TurboTax?
You must know that there is no need to file a claim in a certain way. The amount was transferred by the administrating body to the eligible accounts.
Automatic Payments
If you were eligible and paid for federal filing in 2016, 2017, or 2018 but should have been able to use the IRS Free File Program, a third-party administrator must have automatically sent your payment.
When Payments Were Sent
Checks were primarily mailed throughout May 2023. Most of the eligible recipients should have received them already. Check your mail and account details and you will know for sure. In fact, Eligible consumers were notified by email by the settlement fund administrator before the checks were sent out. Although it wasn’t a huge amount, it still was something. Most people received between $29 and $30 per year they qualified.
