Turbotax 2014 Home and Business Mac Download UPDATED Free

Turbotax 2014 Home and Business Mac Download

US tax preparation software

TurboTax
Turbotax logo.svg
Developer(s) Intuit, Inc.
Initial release 1984; 38 years ago  (1984)
Operating system Windows, Macintosh, Android, iOS
Type Taxation software
License Proprietary
Website turbotax.intuit.com Edit this on Wikidata

Intuit Consumer Taxation Group headquarters in San Diego (where TurboTax is developed)

TurboTax is a software packet for grooming of American income tax returns, produced past Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Revenue enhancement Software and TaxAct.[1] TurboTax was developed by Michael A. Chipman of Chipsoft in 1984 and was sold to Intuit in 1993.[two] [three]

The company has been field of study of controversy over its political influence and deceptive business organization practices. Intuit, the maker of TurboTax, has lobbied extensively against the Internal Revenue Service (IRS) creating its own online system of tax filing like those that exist in most other wealthy countries.[4] [5] [vi] Intuit is under investigation past multiple state attorneys full general, as well as New York's Department of Fiscal Services.[7] [viii]

As part of an understanding with the IRS Complimentary File program, TurboTax allowed individuals making less than $39,000 a yr to use a free version of TurboTax; a 2019 ProPublica investigation revealed that TurboTax deliberately fabricated this version hard to discover, fifty-fifty through search engines, and that information technology deceptively steered individuals who search for the free version to TurboTax versions that cost money to utilize.[9] TurboTax has tricked military service members to pay to apply the filing software by creating and promoting a "armed services discount" and past making the complimentary version hard to find when many service members are in fact eligible to use the software for free.[x]

Overview [edit]

Packaging for TurboTax Basic 2003

Intuit Consumer Tax Group is based in San Diego, California.[11] Intuit Corporation, which owns Intuit, is headquartered in Mountain View, California.[12]

There are a number of unlike versions, including TurboTax Deluxe, TurboTax Premier, etc. TurboTax is available for both federal and country income revenue enhancement returns. The software is designed to guide users through their revenue enhancement returns stride-past-stride. The TurboTax software provides taxpayers additional back up for their self-prepared returns past offer Audit Defense force from TaxResources, Inc.[13]

Typically, TurboTax federal software is released late in the yr and the country software is released mid-January to mid-February.[xiv] TurboTax normally releases its new versions every bit soon as the IRS completes revisions to the forms and approves the TurboTax versions, normally late in the tax year. The procedure is similar for states that collect income taxes.

In 2001, TurboTax saved fiscal establishment passwords entered by users to servers at Intuit and the dwelling house computer.[15] The programming fault was reportedly fixed, but as of 2012 TurboTax offers no option to download a data file directly from the fiscal institution. Instead, it prompts the user for their login name and password at the financial institution or permits the information to be entered past hand.[16]

In 2003, Intuit faced song criticism for its TurboTax activation scheme.[17] The company responded by removing the product activation scheme from its product. In 2005 TurboTax extended its offering past assuasive whatsoever taxpayer to use a basic version of its federal product for gratuitous every bit part of the Free File Brotherhood. By 2006 that offer has been limited to free federal online tax preparation and east-file for taxpayers whose adapted gross income is $28,500 or less (or $52,000 for those in the armed forces) and those 50 or nether. TurboTax has received a number of complaints regarding its advertizement of the free version. For filers who use this basic version of the software, federal filing is free. However, state tax filing is not free, and the cost of using TurboTax to file state returns is non presented to the user until they've already completed entering their data for federal returns.

In 2008, Intuit raised the price of TurboTax for desktop customers by $fifteen and included a gratis east-filing for the commencement return prepared.[eighteen] The visitor'southward new "Pay Per Return" policy was criticized for adding a $9.95 fee to print or e-file each additional render afterward the first, including returns prepared for members of the same household. On December 12, 2008 the company announced that it had rescinded the new policy.[nineteen]

On Jan 21, 2009, TurboTax received considerable public attention at the Senate confirmation hearing of Timothy F. Geithner to be the United States Secretary of Treasury. Geithner had testified that he used TurboTax to prepare his tax returns for the years 2001 to 2004 only had incorrectly handled the self-employment taxes due as a result of his being employed by the International Monetary Fund. Geithner made it articulate that he took responsibleness for the mistake, which was discovered in a subsequent IRS audit, and did not blame TurboTax. Geithner paid $42,702 in back taxes. Intuit responded by releasing a argument saying "TurboTax, and all software and in-person tax grooming services, base their calculations on the data users provide when completing their returns."[20]

On July 15, 2021, Intuit announced its withdrawal from the Gratis File Alliance, constructive after the tax flavour last in Oct 2021, stating that "due to the limitations of the Costless File programme and conflicting demands from those outside the program, we are non able to continue in the program."[21]

International versions [edit]

Intuit also addresses Canadian tax returns with an entirely separate production also named TurboTax, but previously called QuickTax. The French version has retained its original name ImpôtRapide until 2017, when information technology was renamed TurboImpôt.

Controversies [edit]

Blocking search engines from indexing its "free file program" page [edit]

Citizens of the United states of america that make up to $72,000 per year are eligible for gratuitous preparation and filing of taxation forms through the IRS Free File program.[22] Withal, TurboTax's "free file plan" page (https://turbotax.intuit.com/taxfreedom/) contains specific HTML tags (noindex, nofollow) which block search engines from indexing it.[23] TurboTax has been deceiving customers which were eligible for the free submission into signing upward for their commercial production.[24] Starting December 30, 2019, under a new understanding from the IRS, TurboTax can no longer hide their free version services from search results.[25]

Writing to the kicking track [edit]

The 2003 version of the TurboTax software contained digital rights management that tracked whether information technology had previously been installed on a computer by writing to sector 33 on the hard drive. This allowed information technology to rails if information technology was on a estimator previously, even through reinstalling the operating system. This also caused it to conflict with some boot loaders that store data there, rendering those computers unbootable.[26]

Opposition to return-free filing [edit]

Intuit, the owner of TurboTax, spent more than than $11 one thousand thousand on federal lobbying between 2008 and 2012. Intuit "opposes IRS government tax grooming", particularly allowing taxpayers to file pre-filled returns for free, in a organization similar to the established ReadyReturn service in California. The visitor likewise lobbied on bills in 2007 and 2011 that would have barred the Treasury Section, which includes the IRS, from initiating return-gratis filing. An Intuit spokeswoman said in early on 2013 that "Like many other companies, Intuit actively participates in the political process." She said that return-costless filing had "implications for accuracy and fairness in tax."[27] [28] This led journalist Dylan Matthews to propose a boycott of the company in 2017.[29] [30]

In its 2012 Form 10-One thousand, Intuit said that "Nosotros anticipate that governmental encroachment at both the federal and land levels may nowadays a continued competitive threat to our business concern for the foreseeable future."[27]

Repositioning of versions [edit]

In Jan 2015 it became known that the Palatial version no longer supports IRS Schedules C, D, E, and F in interview manner. Although the Deluxe version withal allows entry into those schedules by means of "form style", doing then may outcome in the loss of the ability to file electronically. In add-on, the Premium version no longer supports Schedule C or F in interview mode. Intuit was widely criticized for these changes and responded with short-term mitigation, although information technology has not reversed the decision.[31] On February v, 2015 Intuit sent a 2nd email amends to electric current and former customers regarding the decision to remove specific schedules from the Deluxe and Premium versions. Intuit also apologized for their poorly received initial apology sent on January 27. In the February 5 bulletin Intuit announced that they would reverse course in their 2015 Deluxe and Premium versions, including the schedules that were historically included in the software.[32]

Fraudulent return claims [edit]

In an commodity by Brian Krebs on February xv, 2015 it was reported that Intuit Inc. temporarily suspended the transmission of state due east-filed revenue enhancement returns due to a surge in complaints from consumers about refunds already claimed in their proper name.[33]

In a subsequently article on Feb 22, 2015, Krebs reported that it was alleged past two quondam employees that Intuit knowingly immune fraudulent returns to exist processed on a massive scale every bit role of a revenue boosting scheme. Both employees, erstwhile security team members for the company, stated that the visitor had ignored repeated warnings and suggestions on how to prevent fraud. Ane of the employees was reported to take filed a whistleblower complaint with the U.s.a. Securities and Exchange Committee.[34]

Diverting stimulus funds away from customers [edit]

In 2021, some individuals who used Turbotax for their tax filings were unable to access stimulus checks sent by the government because Turbotax diverted the checks to erstwhile and unused bank accounts for the customers.[35]

Deceptive advertising of its "free" tax filing products [edit]

In March 29, 2022, the Federal Merchandise Commission announced that they would accept legal action confronting Intuit, the parent visitor of TurboTax in response to deceptive advertizement of its complimentary revenue enhancement filing products. The commission reported that the bulk of tax filers cannot use any of TurboTax'due south free products which were advertised, claiming that it has mislead customers to believing that tax filers tin use TurboTax to file their taxes. In addition, revenue enhancement filers who earn farm income or are gig workers cannot be eligible for those products.[36] [37] Intuit appear that they would take counter activeness, announcing that the FTC's arguments are "non credible" and claimed that their costless tax filing service is available to all tax filers.[38]

References [edit]

  1. ^ Grayness, Tim (February 11, 2012). "Taking Tax Software for a Walk". The New York Times.
  2. ^ "Michael Chipman". People. Forbes. April 18, 2012. Archived from the original on May sixteen, 2009. Retrieved December 12, 2013.
  3. ^ Groves, Martha (September ii, 1993). "Intuit, Chipsoft Hold to Merge in $225-Meg Bargain". Los Angeles Times . Retrieved December 29, 2016.
  4. ^ Elliott, Justin (April ix, 2019). "Congress Is About to Ban the Government From Offering Gratis Online Tax Filing. Thank TurboTax". ProPublica . Retrieved April 9, 2019.
  5. ^ Day, Liz (March 26, 2013). "How the Maker of TurboTax Fought Gratuitous, Uncomplicated Taxation Filing". ProPublica . Retrieved April ix, 2019.
  6. ^ Justin Elliott, Paul Kiel (October 17, 2019). "Inside TurboTax'south 20-Year Fight to Stop Americans From Filing Their Taxes for Gratuitous". ProPublica . Retrieved October 17, 2019.
  7. ^ Elliott, Justin (May 10, 2019). "New York Regulator Launches Investigation Into TurboTax Maker Intuit and H&R Block". ProPublica . Retrieved May 23, 2019.
  8. ^ Elliott, Justin (December 19, 2019). "TurboTax Tricked Customers Into Paying to File Taxes. Now Several States Are Investigating It". ProPublica . Retrieved Dec thirty, 2019.
  9. ^ Justin Elliott, Lucas Waldron (April 22, 2019). "Here'southward How TurboTax But Tricked You Into Paying to File Your Taxes". ProPublica . Retrieved Apr 22, 2019.
  10. ^ Justin Elliott, Kengo Tsutsumi (May 23, 2019). "TurboTax Uses A "Armed services Discount" to Trick Troops Into Paying to File Their Taxes". ProPublica . Retrieved May 23, 2019.
  11. ^ Horn, Jonathan (Nov 9, 2014). "Intuit: An atmosphere to excel". The San Diego Union-Tribune . Retrieved Dec 29, 2016.
  12. ^ "Corporate Profile". Intuit. Retrieved December 12, 2013.
  13. ^ "TurboTax Back up: Audit Defense force". Intuit. December 6, 2013. Archived from the original on July 9, 2013. Retrieved Dec 12, 2013.
  14. ^ "Intuit TurboTax Social club Status FAQs (2009)". Intuit. Retrieved December 12, 2013.
  15. ^ "TurboTax Security Glitch May Force 150,000 Investors to Modify Passwords". Los Angeles Times. April half dozen, 2001. Retrieved March iv, 2012.
  16. ^ "Importing Your Westward-2, 1099, and 1098 Forms". Intuit. September 9, 2013. Archived from the original on May thirty, 2013. Retrieved December 12, 2013.
  17. ^ Metz, Cade (October ane, 2003). "Intuit's TurboTax Activation Scheme Irks Users". PC Magazine . Retrieved June thirteen, 2007.
  18. ^ "Why has the toll of TurboTax increased by $15 this year?". Intuit. Retrieved December 12, 2013.
  19. ^ Elmblad, Shelly (November 25, 2008). "TurboTax Removes E-file Fees". About.com . Retrieved Dec 3, 2008.
  20. ^ Ahrens, Frank (January 22, 2009). "Treasury Selection Misfiled Using Off-the-Shelf Tax Software". The Washington Mail service. p. D1.
  21. ^ "Accelerating Technology Innovation to Amend Help Consumers Solve Their Most Pressing Financial Bug". Intuit Web log. July 15, 2021. Retrieved December xvi, 2021.
  22. ^ "Free File: Do your Federal Taxes for Free | Internal Acquirement Service".
  23. ^ "Ok, so I simply read this article about Turbotax doing shady things and found out something really interesting".
  24. ^ "Here'southward How TurboTax Just Tricked Yous into Paying to File Your Taxes".
  25. ^ "TurboTax, H&R Block Can't Hibernate Free Filing Services Under New IRS Agreement". Business Insider.
  26. ^ Becker, David (January six, 2003). "Intuit pours oil on TurboTax troubles". CNET.
  27. ^ a b Day, Liz (March 26, 2013). "How the Maker of TurboTax Fought Complimentary, Simple Taxation Filing". ProPublica.
  28. ^ Burman, Len (Apr fifteen, 2013). "The Tax Complexity Anteroom". Forbes.
  29. ^ Matthews, Dylan (March 29, 2016). "Why I'grand boycotting TurboTax this year". Vox . Retrieved April 1, 2017.
  30. ^ "The Call for Boycotting TurboTax". Found for Policy Studies. Retrieved Apr 1, 2017.
  31. ^ Novack, Janet (January 22, 2015). "Intuit Offers $25 Refund To TurboTax Deluxe Users Hurt By Software Changes". Forbes.
  32. ^ "Intuit Cries Uncle, Will Contrary TurboTax Deluxe Changes". Forbes . Retrieved November 24, 2015.
  33. ^ "Citing Tax Fraud Spike, TurboTax Suspends State Due east-Filings". Krebs on Security. Feb 6, 2015. Retrieved November 24, 2015.
  34. ^ "TurboTax's Anti-Fraud Efforts Under Scrutiny". Krebs on Security. Feb 22, 2015. Retrieved Nov 24, 2015.
  35. ^ Adamczyk, Alicia (March 17, 2021). "TurboTax and H&R Cake said they worked with the IRS to fix stimulus cheque deposit issues. Customers say they nonetheless can't access the funds". CNBC . Retrieved March 18, 2021.
  36. ^ "FTC Sues Intuit for Its Deceptive TurboTax "gratuitous" Filing Campaign" (Printing release). Federal Merchandise Commission. March 29, 2022.
  37. ^ Arbel, Tali (March 29, 2022). "FTC sues Intuit to stop 'bait-and-switch' TurboTax ads". Associated Printing . Retrieved March 29, 2022.
  38. ^ Dress, Bradd (March 29, 2022). "FTC sues Intuit over TurboTax 'free' filing ad campaign". The Hill. Nexstar Media.

External links [edit]

  • Official website (paid tax filing)
  • IRS Free File Program on Intuit official website (free tax filing)

Turbotax 2014 Home and Business Mac Download UPDATED Free

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