State to receive $2.9M in Intuit settlement
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Attorney General Todd Rokita says Indiana will receive $2.9 from software company Intuit (Nasdaq: INTU) over alleged deceptive advertising for its TurboTax program. Indiana’s settlement is part of a $141 million settlement with all 50 states and the District of Columbia.
According to Rokita’s office, Intuit advertised “free” tax filing online services while marketing TurboTax but failed to adequately disclose that the product was only free for taxpayers who did not need to file schedules. Only after the taxpayer entered extensive information did the product inform them that they had to upgrade to a paid service.
In addition, Intuit failed to disclose to a portion of taxpayers with incomes below a certain threshold that they were eligible to use an alternative free product, regardless of the need to file schedules.
“At my inauguration, I committed to the people of Indiana that my administration would serve with servants’ hearts,” Rokita said. “The work we have put into recovering funds on behalf of Hoosiers is just one manifestation of this spirit.”
Since taking office in 2021, Rokita’s office has recovered more than $385 million through recoveries within four divisions: complex litigation, consumer protection, litigation and the Medicaid fraud control unit.