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Intuit Updates Progress on Fixes to Its Minnesota State Consumer and Professional Tax Products

MOUNTAIN VIEW, Calif. – Mar. 11, 2013 – Intuit Inc. (Nasdaq: INTU) today provided a status update on progress made to resolve issues with its TurboTax, ProSeries, Intuit Online and Lacerte products impacting Minnesota state tax returns.

This statement can be attributed to Bob Meighan, vice president of Intuit.

“Intuit released fixes today to resolve programming errors in our consumer and professional tax products and is communicating directly with affected customers who file returns in the state of Minnesota. We’ve had all hands on deck to address these issues and reassure the state and our customers that our Minnesota state products are accurate and complete.

“We are continuing to work closely with the Minnesota Department of Revenue to fully resolve any remaining impact to customers’ returns. We remain committed to ongoing and transparent communication in service to Minnesota taxpayers.

“Intuit will issue refunds to affected Minnesota state TurboTax customers for the full amount of their tax preparation fees. Nothing is more important to us than delivering an accurate return to our customers and building the trust and confidence professional preparers and taxpayers have in Intuit.”

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.
    Founded in 1983, Intuit had annual revenue of $4.15 billion in its fiscal year 2012. The company has approximately 8,500 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.

Intuit and the TurboTax logo, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Live tax advice is a free service available year round via phone or live chat. Restrictions apply. Experience levels, hours of operation and availability vary and are subject to change without notice.  See http://www.turbotax.com for details.

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