For more than 20 years, TurboTax® has helped millions of Americans
understand their taxes. It’s now bringing that same expertise to health
care.
The nation’s No. 1-rated, best selling online tax preparation service
from Intuit Inc. (Nasdaq: INTU), has launched TurboTax Health to help
uninsured Americans understand how the Affordable Care Act applies to
their individual situation.
TurboTax Health, a new, free online tool available at www.TurboTaxHealth.com,
guides users through an interview-like experience, similar to the
popular TurboTax software. The site provides a holistic view of what the
ACA means to an individual’s health care and finances.
Making health care choices is a big decision and it can be difficult for
people to know if they are doing the right thing. In three easy steps,
TurboTax Health provides people with a personalized Affordable Care
Guide to help them understand their health care options, so they can
easily and confidently make the right decision. By answering a few
simple questions, people will quickly and easily:
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Determine whether they are going to qualify for a tax subsidy, and the
estimated amount, that will allow them to buy health insurance at a
discount.
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Understand how much health insurance would cost for their family.
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Estimate their tax penalty, if they choose not to get health insurance.
For those looking to purchase health insurance, TurboTax Health will
seamlessly connect them to their state or federal health insurance
marketplace or to eHealth, the nation’s leading private health insurance
site.
“At TurboTax, we take the complex and make it simple. Every year, we
help make sense of the latest tax laws and legislation for millions of
hard-working Americans,” said Sasan Goodarzi, senior vice president and
general manager of Intuit’s Consumer Tax Group. “Now we’re doing the
same for health care. Consumers want a simplified way to make their own
health care decisions and TurboTax Health is our answer.”
TurboTax Health also gives users personalized answers to their
individual health care questions, through a first-of-its-kind social
community that combines the expertise of tax professionals and the
personal experience of peers. The AnswerXchange community, combined with
step-by-step guidance, empowers people to confidently self-serve their
health care needs.
About Intuit Inc.
Intuit (Nasdaq: INTU) creates business and financial management
solutions that simplify the business of life for small businesses,
consumers and accounting professionals.
Its flagship products and services include QuickBooks®, Quicken®
and TurboTax®, which make
it easier to manage small
businesses and payroll
processing, personal
finance, and tax
preparation and filing. Mint.com
provides a fresh, easy and intelligent way for people to manage their
money, while Demandforce®
offers marketing and communication tools for small businesses. ProSeries®
and Lacerte® are Intuit's
leading tax preparation offerings for professional accountants.
Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year
2013. The company has approximately 8,000 employees with major offices
in the United States, Canada,
the United Kingdom, India and
other locations. More information can be found at www.intuit.com.
Copyright Business Wire 2014