Press Release | Discover Financial Services Offers TurboTax® Software To Its Cardmembers For Help With Their 2000 Taxes | RIVERWOODS, Ill., March 19, 2001...For the third
consecutive year, Discover® Card
will be the exclusive credit card for paying taxes
electronically via Quicken® TurboTax®
and Quicken TurboTax for the WebSM.
Discover Cardmembers can also purchase TurboTax
Deluxe at a discounted price via Discover
Card's Internet ShopCenterSM at www.discovercard.com
TurboTax for the Web allows Discover
Cardmembers to prepare and file federal 1040 income
tax returns online for $14.95 before April
1 and $19.95 after April 1. State returns are
only $9.95. Taxpayers with an adjusted gross
income of $25,000 or less qualify to use the
service free of charge.
Additionally,
Cardmembers can enjoy the option of paying
their federal taxes over time since charges can
be billed directly to their Discover Card.
For a fee of 1.85 percent of the taxes due,
plus a $1.00 transaction fee, Cardmembers can
pay taxes electronically with their Discover
Card immediately after filing online. Discover
Cardmembers will earn a Cashback Bonus®
award on federal taxes paid with their Discover
Card.
"One of Discover Card's
main objectives is to offer its Cardmembers smart
tools for managing their finances," says Colleen
Zambole, vice president, Electronic Commerce,
Discover Financial Services, Inc. "The TurboTax
software provides a straightforward approach to
preparing and filing taxes."
TurboTax
software will be available to Discover Cardmembers
through mid-October via www.discovercard.com.
For Cardmembers who prefer to file taxes by
mail, payments can still be made using their
Discover Card by calling Phone Charge, Inc. at
1-888-ALL-TAXX or Official Payments Corporation
at 1-800-2PAY-TAX. There is a convenience charge
for this service.
About Discover
Financial Services
Discover Financial
Services, a business unit of Morgan Stanley Dean
Witter & Co., operates the Discover Card brands
with more than 50 million Cardmembers and
the Discover Business Services network. Discover
Business Services is the largest independent
credit card network in the United States with
approximately 4 million merchant and cash
access locations.
About Quicken
TurboTax
Quicken TurboTax is the #1-selling
tax preparation software program, with approximately
80% retail revenue share this tax season,
according to PC Data. Its web-based counterpart,
TurboTax for the WebSM, is the most
popular site for online tax preparation and
filing services. In addition, Intuit offers TurboTax
Home & Business, designed for the sole proprietor.
The Automated Tax Return feature, which imports
selected tax data from participating partners,
is included at no additional charge in all
of these versions of TurboTax. With 17 years
of personal finance expertise, the TurboTax
family of products saves time and money for
more than 13 million Americans each year.
For
more information contact:
Catherine R. Edwards
Discover Financial
Services
(224) 405-2008
catherineredwards@discoverfinancial.com
Julie Miller
Intuit Inc.
(858) 784-4469
julie_miller@intuit.com
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