TaxAct Settlement
This lawsuit was brought on behalf of TaxAct users who allege that TaxAct purportedly shared with third parties (including Facebook and Google) certain of its users’ personal and financial information without permission. TaxAct expressly denies any liability or wrongdoing.
Who Is Eligible?
If you used a TaxAct online do-it-yourself consumer Form 1040 tax filing product and filed a tax return using the TaxAct online product at any time between January 1, 2018, and December 31, 2022, or your spouse filed a joint tax return using the TaxAct online product during that same period, you should read the Notice as you may be entitled to a cash payment and the free use of TaxAct Xpert Assist for your tax year 2024 return.
How Much?
The settlement total is around $17.5M. The actual amount paid to a consumer is estimated at approximately $18.65 for each claim.
TaxAct will also provide Xpert Assist to all Settlement Class Members who submit a valid Claim Form and who return to prepare a 2024 tax return on TaxAct’s website using any TaxAct online do-it-yourself consumer Form 1040 tax return filing product (including TaxAct’s free product). Xpert Assist provides one-on-one advice over the phone from real tax experts and allows for personalized tax advice.
Important Dates
The Claim Form must be submitted no later than September 11, 2024.
The Final Approval Hearing is scheduled for November 21, 2024 at 2:00 p.m. PT.
Our Verdict
Filing deadline is soon. Hopefully this turns into an easy few dollars for those affected.
Hat tip to readers Eric and Gadget