Intuit Reportedly Wins Appeals Court Ruling Over TurboTax Advertising Claims

MT Newswires Live16:12

Intuit (INTU) won a US appeals court ruling Friday that will allow it to continue advertising its TurboTax income tax preparation software as free even while many customers do not qualify for the option, news outlets reported Friday.

The Federal Trade Commission barred TurboTax from being promoted as free in 2024, a decision Intuit challenged in court, Reuters reported.

The appeals court ruled unanimously that an FTC administrative judge was not allowed to make such a decision on deceptive advertising and that the case should have been pursued in federal court, Reuters reported.

Intuit didn't immediately respond to MT Newswires' request for comment.

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