TurboTax Maker Intuit Paid Zero Federal Income Tax in 2025

TurboTax Maker Intuit Paid Zero Federal Income Tax in 2025

Intuit Reported $6 Billion in Profits – and Paid Nothing Three weeks after H&R Block revealed that it paid no federal income taxes on its 2025 U.S. profits, Intuit, another tax-prep giant, released financial statements making H&R Block’s $100 million in tax avoidance look modest. Intuit, the parent company of TurboTax, recorded nearly $6 billion in U.S. income. Rather than paying any federal income taxes on those massive profits, they received a…