TurboTax maker Intuit halts state tax filings over fraud concerns

(Reuters) – Intuit Inc, the developer of tax-preparation software TurboTax, halted e-filing of state tax returns after it noticed attempts to use stolen identity information to file fraudulent returns and claim refunds. “We’ve identified specific patterns of behavior where fraud is more likely to occur,” Chief Executive Brad Smith said in a statement. “We’re working with the states to share that information and remedy the situation quickly.” Intuit said fraudulent activity was not due to a security breach of its systems and that the information used to file fraudulent returns was obtained from outside sources

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TurboTax maker Intuit halts state tax filings over fraud concerns