DATA LEAK CHECK: Taxpayers can score one-time payments from $14.95 million filing settlement – and there are three ways to claim
According to THE SUN, Americans who used TaxAct.com to file their taxes might be eligible for a cash payout from a $14.95 million settlement. This settlement addresses concerns that TaxAct shared users’ personal information with third parties, including companies like Meta and Google.
Eligibility
TaxAct users who filed a tax return using a Form 1040 through the service between January 1, 2018, and December 31, 2022, may qualify for compensation. Even if you did not file your taxes yourself but your spouse did on your behalf, you might also be eligible.
Settlement Details
TaxAct denies any wrongdoing but has agreed to settle to avoid further litigation costs. The settlement amount for most eligible filers is approximately $18.65. Additionally, Californians who qualify may receive extra benefits, such as free TaxAct services for the 2024 tax year if they choose to use the company again.
Also read: Top beauty brands face lawsuits over hair product concerns
How to File a Claim
Claims must be submitted by September 11, 2024. You can file a claim online or by mail. If needed, you can also contact the settlement administrators to request a form. Note that individuals who have previously filed an arbitration demand with TaxAct are excluded from the settlement.
Other Class Actions
Class action settlements often arise from data breaches and other issues. For example, a telecommunications service company is paying $4,400 to some whose data was exposed. Additionally, a settlement in New York could provide nearly $8,000 to those affected by a religious rights lawsuit involving police actions. There are also settlements related to skincare products and data breaches offering payments of up to $5,000.