TurboTax: Around 70 percent of uninsured Americans requested to be exempted from getting Obamacare insurance.
According to TurboTax, a majority of Americans are not paying the tax penalties that are mandated for refusing Obamacare health insurance. It appears that the Obama administration still has plenty of problems when it comes to Obamacare.
TurboTax claims that 70 percent of its customers express that all Obamacare healthcare plans cost too much. This is even for the least expensive ones. As a result, they file their taxes and take advantage of a financial burden exemption offered by the … Read more at 2009 Taxes
By Steve
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Posted in tax deductions, Tax Preparation, TurboTax
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Also tagged turbo taxes, TurboTax, turbotax 2016, turbotax app, turbotax calculator, turbotax estimator, turbotax free, turbotax freedom edition, turbotax go file free, turbotax login tax return, turbotax online
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030511 (Photo credit: DennisSylvesterHurd)
TurboTax Software Demand Increases Intuit Profit
Intuit Incorporated announced a twenty percent rise in quarterly profits, as demand for their TurboTax Software grows. However,the firm appeared to show a loss on it’s fourth-quarter profit income and profit outlook. Intuit states it expects an overall loss of ten to twelve cents a share on an estimated income of between $683 million to $713 million for the fourth quarter.
The company initially forecast an estimated loss of between two and four cents a share on an income between $710 million to $720 million.
The company is based in … Read more at 2009 Taxes
