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FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

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Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#161
It's 2024. It's beyond time for the IRS to offer free tax filing online.

You've been able to file for free on paper since forever. But again, it's 2024. Paper is not a reasonable solution for either filers or the IRS in 2024. It's difficult to handle, error-prone, and all the software they use to validate paper forms could be repurposed to accept online forms.

And the online forms should be pre-filled with all the information the IRS already has about your income for the prior year.

It's not acceptable to have to pay companies like Intuit (and give them all your personal financial information) for software to file an individual tax return. I don't care if you're wealthy or poor, this should be free and provided by the IRS.

Contact your representatives. Demand that they get it done.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#162

Earlier quoted context omitted.

People who live paycheck to paycheck are very good at budgeting because they have to do it to survive, they don't need any more pressure. If anything it's richer people that could use a little prodding, but either way we don't need the government to be withholding extra money from people it thinks might have bad habits. > they get a big paycheck once a year to pay off whatever If you have something big to pay off, yo…

[flagged]

> Whatever is left over after expenses is fun to be had as soon as possible.

When income is 80% of the minimal bills, which dollars are the fun ones?

> But anyone who has actually dealt with poor people who live paycheck to paycheck knows they are not good at budgeting and planning.

You may not know that assertion is uneducated nonsense. The nonsensical part is the inference that better budgeting is all that stands between 80% of minimal bills and 105%.

Past that, an extended time in hunger-level poverty tends to lead to some hyper-focused money management. As in being intimately aware of each penny that hopefully will add up to this weeks bag of white rice.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#164
post #134

Earlier quoted context omitted.

I asked one of those chip repair guys how it worked years ago. He said the insurance companies pay them to repair the chips, because those little fixes are much cheaper than paying to replace the whole windshield when it inevitably cracks. It seems like a win-win-win. The driver gets the windshield fixed with no out of pocket cost, the chip guy makes some cash, and the insurance company saves money. Where’s the downs…

While that does sound good I think the previous comment was saying how it's not free without insurance so it's not technically free

I suppose. Where I’m at, and I think almost everywhere in the US, drivers are legally required to have car insurance. Assuming the chip repair places don’t require a premium level of insurance, it should be a non-issue, as the requirement is something everyone is already paying for.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#165
post #155

Earlier quoted context omitted.

I think there's some segment of folks that get snatched up into the weird false pretense that a modern day turbotax filing is less than (at worst, once one factors personal time cost in) a decent tax person even at one of the, shall we say, 'established turn and burns'[0] That said, TurboTax did hit a specific level of 'eww' when I started seeing the refund option of a debit card (of course for some stupid fee that,…

If you have simple taxes, FreeTaxUsa.com. Not shady, neither is it free, but about as close as you can get AFAIK for online filing. For what it is (a web forms app, with careful explainers), it's pretty good! I've used tax pros and honestly, my finances are not complex enough to get a good benefit off the extra cost. I used H&R block one year, and really didn't think they knew any more about tax filing than I did. Th…

> I used H&R block one year, and really didn't think they knew any more about tax filing than I did. They got confused at all the same line items I did.

I mean... H&R Block is in some ways the Firestone of accounting. Sometimes there's a diamond in the rough of their 'regular' workers [0] but you never know what you're gonna get unless you happen to wind up in the right circumstances where you can build trust with one of their people that happens to stick [1]

[0] - Had a friend who could get one of H&R Block's folks to do the whole deed for 'non complicated'[2] starting with a pile of receipts/medical bills/etc and 90$ for people they liked, and yes they'd do their proper professional duty in the process. Frankly given the time investment that's a steal.

[1] - In my case, it was a guy at a local shop who had his WRX parked outside every time that was some level of manager. Always happy to give proper treatment, never afraid to say 'take it to the dealer' (i.e. more qualified people) if it was out of their comfort zone. Compare and contrast to a different shop, where after some 'changes' managed to mess up an oil change, and the 'fix' for the bad oil change... [3]

[2] - I want to be clear that non-complicated is not the trivial 'oh sure okay' here, they may or may not have had a hand in pointing out said friend's parent was doing some... 'minor some student loan fraud'. But if you had additional properties or other weird situations... If I remember they had their own sort of menu and everything. Very smartly done.

[3] - I had to re-replace a <6 month old timing belt in the process, but frankly the engine needs a rebuild now, it lost 2-5MPG from that one incident.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#166
post #114

Earlier quoted context omitted.

> but I'm guessing that it would cover most people... Do you have any reason to believe that? Are they your documents? Can you accrue taxes independently?

> Do you have any reason to believe that? just from my personal experiences... either way, the IRS has that info, if they assume people are honest... not sure why it isn't public.

Well, they might have all the info sometimes but we don't know how often or if they even do. How would the IRS know if they know everything? What evidence do they have of absence?

There are 36 countries that manage to do return-free taxes. They seem to have a base rate that covers most (~64% in the UK) people. The US tax code is way more complicated than one base rate for everyone. It's unclear to me how anything other than income tax is handled in these countries. Does the UK have a capital gains tax? Tax deductions?

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#167
post #155

Earlier quoted context omitted.

If you have simple taxes, FreeTaxUsa.com. Not shady, neither is it free, but about as close as you can get AFAIK for online filing. For what it is (a web forms app, with careful explainers), it's pretty good! I've used tax pros and honestly, my finances are not complex enough to get a good benefit off the extra cost. I used H&R block one year, and really didn't think they knew any more about tax filing than I did. Th…

> I used H&R block one year, and really didn't think they knew any more about tax filing than I did. They got confused at all the same line items I did. I mean... H&R Block is in some ways the Firestone of accounting. Sometimes there's a diamond in the rough of their 'regular' workers [0] but you never know what you're gonna get unless you happen to wind up in the right circumstances where you can build trust with on…

unrelated, I bet you really like David Foster Wallace

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#168
In Sweden, for most citizen the tax authority does the tax declaration for you. If you don't want to do any changes (which most people doesn't have to), you simply write a text to them [1].

[1] https://skatteverket.se/servicelankar/otherlanguages/inengli...

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#169

Most countries governments are crap at software yet still manage to put together a free to use tax portal with automatic filing for all but the most complex cases.

See that's what you get when your government focuses on its citizens.

Instead, US has corporations. Corporations like Intuit, which it uses to decide what its policies should be.

Oh us? We merely live here.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#170
post #27

I've only ever used the installable version of TurboTax, and I knew up front that I'd have to pay for CA filing. How transparent is the web site version? Do you have to spend an hour entering all your tax info just to find out that you'll have to pay to file? Or are they pretty good about notifying you up front? In the paid installable version, I can still print out my CA tax return and mail it in to avoid paying the…

You knew you would have to pay for the ca version, but did you know how much you had to pay at the beginning. I buy the disk at Costco every year and feel the pricing is anything but transparent and they are very misleading. It includes the state free but only paper file and $10 credit for a mystery price state return

Ah good question! Of course I knew in future years, but I'm not sure I knew up front.
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