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FEDERAL REFUND STATUS FOR FREE
FEDERAL REFUND STATUS FREE

Only the IRS knows the status of processing your tax return, whether you owe taxes or are due a refund. Once you are accepted, you are on the IRS payment timetable. If everything looks good, the IRS accepts your return.What are they doing? They are checking your personal information to make sure it matches their records.Then we both wait 24 to 48 hours for the IRS to accept your return.

First, we "stamp" the return with an electronic postmark, and then we send it to the government.

Here is what really happens when you press that green button and transmit your tax return. The IRS will provide an actual refund date as soon as your tax return and refund are approved.Įver wonder what happens between e-filing your tax return and receiving your refund?

You can use the IRS Where’s My Refund? tool or call the IRS at 80 to check on the status of your refund, beginning 24 hours after you e-file.

The IRS typically issues refunds in less than 21 days after your e-filed return is accepted.

Once your return is accepted, you are on the IRS’ refund timetable.

When you e-file, it typically takes 24 to 48 hours for the IRS to accept your return.

"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.Subscribe: Apple Podcasts | Spotify | iHeartRadio When contacted by The Associated Press on Friday, Inuit pointed to the company's May 2022 statement following the settlement agreement.

FEDERAL REFUND STATUS FREE

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. Those impacted were low-income consumers eligible for free, federally-supported tax services – but paid TurboTax to file their federal returns across the 2016, 20 tax years due to "predatory and deceptive marketing," New York Attorney General Letitia James said. was ordered to pay $141 million to some 4.4 million people across the country. In a settlement last year, TurboTax's owner Intuit Inc.

FEDERAL REFUND STATUS FOR FREE

WASHINGTON - Millions of Americans who qualified for free tax services – but were instead deceived into paying TurboTax for their returns – will soon get settlement checks in the mail.