![]() The software asks if you were impacted by a natural disaster in 2021, but only say yes if the disaster was declared BEFORE February 2020. After I indicate that I only received 2 of the advanced child tax credit payments totaling $600 and the software calculates my EITC and dependent deductions the amount of my refund drops to $1700?!?!? Not to mention, I live in Louisiana and was directly affected by the major hurricane that hit the state in August. After my w2 information was imported from ADP TurboTax calculated my refund amount to be $2376 (FAR LESS than I EVER get on my tax return). Tonight, I began to prepare my 2021 tax return with the expectation that, at the very, very least I will recoup the 4 advanced child tax credit payments that I didn’t receive. Thanks to directives from TurboTax in 2021, not only did I get screwed out of the full unemployment tax credit that I should have received, I only received 2 of the 6 advanced child tax credits. "Intuit is pleased to have reached a resolution with the state attorneys general that will ensure the company can return our focus to providing vital services to American taxpayers today and in the future," Kerry McLean, Intuit's executive vice president and general counsel, said at the time.So…. When contacted by The Associated Press on Friday, Inuit pointed to the company's May 2022 statement following the settlement agreement. According to documents obtained by ProPublica, Intuit executives were aware of the impact of advertising free services that were actually not free for everyone."The website lists Free, Free, Free and the customers are assuming their return will be free," an internal company PowerPoint presentation said, per ProPublica. agreed to suspend TurboTax's "free, free, free" ad campaign. Under the terms of last year's settlement, Intuit Inc. "Today we are righting that wrong and putting money back into the pockets of hardworking taxpayers who should have never paid to file their taxes." What led to a TurboTax settlement?Īt the time of the May 2022 settlement, James said her investigation into Intuit was sparked by a 2019 ProPublica report that found the company was using deceptive tactics to steer low-income tax filers away from the free, federal services they qualified for – and toward its own commercial products instead. "TurboTax's predatory and deceptive marketing cheated millions of low-income Americans who were trying to fulfill their legal duties to file their taxes," James said in a Thursday statement. The amount paid to each eligible consumer ranges from $29 to $85 – depending on the number of tax years they qualify for. They will be notified by an email from Rust Consulting, the settlement fund administrator, and receive a check automatically.Ĭhecks will be mailed starting next week, and continue through the month of May. Who is eligible for the TurboTax settlement payments?Īll 50 states and the District of Columbia signed the May 2022 settlement, which was led by James.Consumers eligible for restitution payments do not need to file a claim, the New York Attorney's General Office said Thursday. ![]()
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