Commissioners for the U.S. Federal Trade Commission (FTC) unsurprisingly announced that they have ruled in favor of themselves in a lawsuit filed against Intuit. Intuit is immediately appealing this decision, and we believe that when the matter ultimately returns to a neutral body we will prevail.
There is no monetary penalty in the FTC’s order, and Intuit expects no significant impact to its business.
Intuit has always been clear, fair, and transparent with its customers and is committed to free tax preparation. Moreover, we are proud that over the last decade, we’ve helped more than 124 million Americans file their taxes free of charge – more than all other tax preps software companies combined.