![]() ![]() Payments from the TurboTax settlement were first sent in May. When Will TurboTax Settlement Payments Be Sent? But the email you received about the settlement should have listed the amount of money that you can expect to receive. According to the settlement website, most people can expect to receive about $30. The amount each eligible customer will receive is based on the number of tax years qualifying them for the settlement. You will automatically receive a check in the mail if you are eligible for one.Ĭontroversial Capital Gains Tax Upheld in Washington How Much Will Each Person Get From the TurboTax Settlement? You don’t have to apply or file a claim to receive a settlement payment.Those emails come from Rust, the third-party administrator of the settlement fund. ![]() People eligible for the TurboTax settlement will be (or already have been) notified.However, you aren’t eligible if you used the Intuit IRS Free File product in a previous tax year. If you started using the product because you thought it was free and were told that you had to pay to use it and paid, you are probably eligible for some of the settlement money. To be eligible for a TurboTax settlement payment, you had to have paid to file your federal income tax returns using TurboTax for tax years 2016, 2017, and/or 2018, even though you were eligible to file for free through the IRS Free File program. According to the agreement, the company must also reform its business practices and comply with state consumer protection laws. Intuit did not admit wrongdoing in agreeing to the settlement but must pay $141 million to impacted (i.e., eligible) taxpayers. IRS Free File allows certain taxpayers (usually those with moderate and low incomes) to file federal income tax returns online using free guided tax preparation software.Consumers who were eligible to use the IRS Free File product for the tax years 2016, 2017, and/or 2018 but were told that they weren’t eligible for a TurboTax Free edition and so paid to use the TurboTax paid product. ![]()
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