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      "text": "Since the last IRS data release before Intuit's FYE has often occurred in mid-May, we also provide a share calculation based on an estimate of IRS filings as of Intuit's FYE...",
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      "text": "As shown, Intuit seems to understate total IRS returns and overstate (or at least poorly footnote, estimate, and provide insufficient detail regarding) TurboTax filings in its own disclosures...",
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      "text": "Source: Intuit 2023 investor day presentation, IRS tax filing data, Spruce Point Research",
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      "text": "Analysis of Intuit Share of US Federal Filings Using Disclosed TurboTax Units and IRS Actual Filings",
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