Wash U. Partners With Intuit In Tax Savings Experiment

Washington University in St. Louis | Photo courtesy of Creative Commons

Washington University is partnering with Intuit Inc., the maker of TurboTax software, in a massive experiment this tax season to determine how to get taxpayers to save more of their refunds.

With 75 percent of taxpayers eligible to receive refunds, researchers at the St. Louis school are trying to find easy ways to encourage saving. They’re calling the program, using TurboTax software, Refund to Savings. It is expected to reach almost 1.2 million households over the next few months, which would make it the largest savings experiment ever conducted in the U.S.

Read more in the St. Louis Business Journal

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