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Intuit s TurboTax lost 1M free users this tax season

Intuit has been working to cater TurboTax to those with more complicated tax situations, betting that those customers could use online help from experts.

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Intuit s TurboTax Lost 1 Million Free Users This Tax Season

Ten million people used TurboTax for free this year to file their taxes, a drop of about 1 million from a year ago, Intuit said.

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Intuit s TurboTax Lost 1 Million Free Users This Tax Season

(Bloomberg) Intuit Inc. reported tax season revenue that exceeded estimates as more customers opted for higher-priced features. Still, the shares fell on investor concerns about a loss in the number of people who use the company’s TurboTax service for free.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationStocks Join Bonds in Falling as Fed

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TurboTax lost 1 million free customers after IRS direct file option; Intuit stock plummets

TurboTax lost 1 million free customers after IRS direct file option; Intuit stock plummets
fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.

United statesMountain viewNew yorkRaimo lenschowKenneth linSasan goodarziJoe kauffmanKeith weissNiraj patelMorgan stanleyWall streetExecutive officer sasan goodarziInternal revenue service runQuickbooks accounting

Intuit s TurboTax Lost 1 Million Free Users This Tax Season

Intuit s TurboTax Lost 1 Million Free Users This Tax Season
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Sasan goodarziRaimo lenschowKeith weissJoe kauffmanNiraj patelKenneth linMorgan stanleyBloomberg intuit incExecutive officer sasan goodarziTax competitor is closer after bidenInternal revenue service runQuickbooks accountingMint has gone better than thought

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