Bloomberg Tax
July 16, 2021, 3:21 PMUpdated: July 16, 2021, 8:26 PM

TurboTax Maker Intuit Opts Out of IRS Free File Program (2)

Isabelle Sarraf
Isabelle Sarraf
Reporter

Intuit Inc., the maker of TurboTax, is leaving an IRS program that offers millions of Americans the ability to file their taxes for free.

For years the federal government has partnered with a cohort of private companies on the Free File program, which makes free online tax preparation and electronic filing services available to individuals who make $72,000 or less a year. The departure of Intuit marks a second major tax preparation company to leave the alliance: H&R Block exited in 2020.

Intuit, which participated in the program for nearly 20 years, said online this week ...

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