Intuit TurboTax: First Filed, First Refunded E-file with TurboTax starting Jan. 2 to be first in line for your tax refund

The Internal Revenue Service (IRS) today announced that it will begin processing tax returns on January 31, 2014. TurboTax, the nation’s No. 1 rated, best-selling online tax preparation service from Intuit Inc. (Nasdaq:INTU), is available now at www.turbotax.com and will start accepting e-filed federal tax returns on Jan. 2, 2014. Taxpayers can file early with TurboTax to be first in line for their maximum tax refund.

“More than 80 percent of taxpayers get a tax refund. Last year, federal tax refunds averaged almost $3,000. At TurboTax, we recognize how important that money is to our customers”

“More than 80 percent of taxpayers get a tax refund. Last year, federal tax refunds averaged almost $3,000. At TurboTax, we recognize how important that money is to our customers,” said David Williams, Chief Tax Officer at Intuit. “It’s why we’re encouraging people to file as soon as they can. Anyone can get started today with TurboTax. There is no faster way for taxpayers to get their tax refunds.” 

TurboTax will securely hold and then submit customers’ tax return to the IRS as soon as the agency begins accepting returns. TurboTax will process tax returns on a first-in, first-out basis. Although the IRS does not anticipate refund delays, taxpayers are encouraged to e-file and use direct deposit as the fastest way to get their refunds. As it did last year, the IRS expects to issue nine out of ten tax refunds in 21 days or less.