Did you use TaxAct between 2018 and 2022? You might be eligible for a $19 payout from the class action settlement. Learn more and file your claim before September 11, 2024
Introduction
Were you a TaxAct user between 2018 and 2022? If so, you could be eligible for a cash payout of approximately $19 as part of a class action settlement. The lawsuit alleges that TaxAct shared user data with third parties like Facebook and Google without proper permission, though TaxAct denies any wrongdoing. With a settlement totaling around $17.5 million, affected users can file a claim before the September 11, 2024 deadline to receive their payout. In addition to the cash payment, eligible users can also get access to TaxAct Xpert Assist for their 2024 tax return.
Read on for more details on how to claim your settlement.
Key Takeaways
- If you used TaxAct to file a Form 1040 between 2018 and 2022, you could be eligible for a settlement payout.
- The estimated payout is approximately $19 per claim.
- You’ll also receive free access to TaxAct Xpert Assist for your 2024 tax return if you submit a valid claim.
- The claim filing deadline is September 11, 2024.
TaxAct Class Action Settlement: What You Need to Know
A class action lawsuit was filed against TaxAct, accusing the company of sharing user data with third parties such as Facebook and Google without obtaining proper consent. TaxAct has denied any liability, but a $17.5 million settlement has been reached.
Who Is Eligible for the Settlement?
You are eligible for a settlement payout if:
- You used TaxAct’s online do-it-yourself Form 1040 tax filing product to file a return between January 1, 2018, and December 31, 2022.
- Your spouse filed a joint return using TaxAct’s online product during the same period.
If either of these apply, check your email (including your spam folder) for a notice about the settlement, as it contains important information about filing your claim.
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How Much Can You Receive?
The total settlement amount is approximately $17.5 million. Based on current estimates, each eligible claimant is expected to receive around $18.65. Additionally, users who submit a valid claim form will get access to TaxAct Xpert Assist, which offers one-on-one personalized advice from tax experts for their 2024 return.
Important Dates to Remember
To ensure you don’t miss out, here are the key dates for the TaxAct class action settlement:
- Claim Form Submission Deadline: September 11, 2024
- Final Approval Hearing: November 21, 2024, at 2:00 p.m. PT
Make sure to file your claim by the deadline to be eligible for your payout.
Where to Find Class Action Settlements
To find claims from class action lawsuits that you may be eligible to receive, get help from the following free services:
Our Take
If you’re eligible, filing a claim for this settlement could be an easy way to earn a small cash payout. While the estimated amount is only around $19, it also comes with added benefits like free access to TaxAct Xpert Assist, which can be incredibly valuable for those looking for personalized tax help in 2024. Be sure to check your email for any communication about the settlement and file your claim by September 11, 2024!
More class action settlements here.
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