Turbotax 2015 home and business screenshot

TURBOTAX 2015 HOME AND BUSINESS SCREENSHOT FOR FREE
TURBOTAX 2015 HOME AND BUSINESS SCREENSHOT UPGRADE
TURBOTAX 2015 HOME AND BUSINESS SCREENSHOT CODE
TURBOTAX 2015 HOME AND BUSINESS SCREENSHOT FREE

They are now prompted to upgrade to the Deluxe edition after entering information from basic documents, such as the one that shows tuition costs. One large affected group was current and former students. A third is used by taxpayers who collected unemployment benefits. Another is used by low- to middle-income households that receive a credit for putting money in a retirement account. One of these forms was for a tax credit that goes exclusively to poor taxpayers who are elderly or get disability benefits. By accepting the Deluxe version, student Kristan Obeng ended up saving $26 on her taxes - at a cost of $151.

Thirty TurboTax customers told ProPublica that they were charged as a result of needing to use one of the forms that used to be free.ДЄ screenshot showing how TurboTax users are directed to the deluxe, paid version. But the income levels of the groups that were being driven to paid products вЂњwas never really considered.вЂќ вЂњThey were always supposed to be customer focused, customer first,вЂќ one former staffer said.

TURBOTAX 2015 HOME AND BUSINESS SCREENSHOT FREE

In response, the company bumped a number of forms typically used by lower-income filers, which were previously available in the Free Edition, into paying editions. Most of the millions of Americans who would no longer be itemizing their deductions are relatively affluent - making more than $75,000 a year - but they would now potentially be eligible to use the Free Edition. Some pay for ancillary services.Д«ecause the new law almost doubled the standard deduction, Intuit faced a loss of users of its Deluxe edition.

Some pay because they have to file extra forms. The goal, according to former employees, is to draw in people with the promise of вЂњfreeвЂќ and then get them to pay. The companyвЂ™s commercial ecosystem includes four price tiers: Free Edition, Deluxe, Premier and Self-Employed. For an outsider, IntuitвЂ™s lineup of products is dizzying. In return, the IRS has agreed not to offer its own free service.Д«ut, as ProPublica has been reporting, Intuit has steered eligible customers away from the truly free version, aggressively marketing products that are called вЂњfreeвЂќ even though many customers end up paying.

TURBOTAX 2015 HOME AND BUSINESS SCREENSHOT FOR FREE

Under a 2002 deal with the government, most Americans are supposed to be able to file their taxes for free as long as they make under $66,000 a year. The spokesman declined to break down numbers or comment on specific cases. We believe that it enables consumers to take more control over their financial life.вЂќДЄn Intuit spokesman declined to answer detailed questions about the changes, but said in a statement, вЂњMore taxpayers filed their taxes last year with TurboTax and paid absolutely nothing than any other year.вЂќ He also said the вЂњcompletely free customer groupвЂќ grew at a faster rate than TurboTax as a whole. He told investors: вЂњWe are big supporters of tax simplification.

TURBOTAX 2015 HOME AND BUSINESS SCREENSHOT CODE

вЂњWe needed to change our lineup this year to ensure that we delivered for customers, given the tax code changes,вЂќ Goodarzi said. He presented the move as good for taxpayers. Intuit CEO Sasan Goodarzi obliquely alluded to the strategy on a call with Wall Street analysts, saying the вЂњtuned product lineup, adjusted for the new tax legislationвЂќ helped the company bring in more money. In May, it announced that its TurboTax unit had grown quarterly revenue by 10%, to $2.2 billion, despite the new tax law. The strategy worked well for the company. The shift was described to ProPublica by two people familiar with the process. Which ones? Individuals with disabilities, the unemployed and people who owe money on student loans, all of whom use tax forms that TurboTax previously included for free. Intuit executives came up with a way to preserve the companyвЂ™s hefty profit margins: It began charging more low-income people.

Under the new law, many wealthier taxpayers would no longer be filing that form, qualifying them to use the companyвЂ™s free software. It had been regularly charging $100 or more for returns that included itemized deductions for mortgage interest and charitable donations. The 2017 tax overhaul vastly expanded the number of people who could file simplified tax returns, a boon to millions of Americans.Д«ut the new law directly threatened the lucrative business of Intuit, the maker of TurboTax.ДЄlthough the company draws in customers with the promise of a вЂњfreeвЂќ product, its fortunes depend on getting as many customers as possible to pay. This article originally appeared on ProPublica.

Turbotax 2015 home and business screenshot