Three California Cities Make Top 10 in the TurboTax Annual List of Late Filers

SAN DIEGO – March 28, 2012 – San Francisco claims the top spot on the TurboTax annual list of America’s most tax procrastinating cities. With more than 40 percent of residents waiting until the last two weeks to file their taxes in 2011, the city jumped five notches from its standing the previous year.

San Francisco isn’t the only California city on the list of late-filing cities. The state is well represented, with both Los Angeles and San Diego landing in this year’s top 10.

There’s good news for the 28 percent of taxpayers nationwide who wait until the last two weeks of tax season to file their tax returns: They get two extra days to file federal returns, until April 17.

Here’s the full list of this year’s late-filing cities compiled by TurboTax, the nation’s leading tax preparation software from Intuit Inc. (Nasdaq: INTU), with last year’s ranking in parenthesis:

1.     San Francisco – (No. 6): Famous for the Golden Gate Bridge, “The City by the Bay” claims procrastination gold with more than 40 percent of its residents waiting until the last two weeks to file.

2.     New York – (No. 3): This fast-paced city obviously isn’t fast when it comes to their taxes. With over 38 percent of its residents waiting to file, what is the “City That Never Sleeps” doing with all that extra time?

3.     Washington D.C. – (No. 12): Being the home of the IRS, you would think that The District’s residents would be the first to file their taxes. This year they find themselves at No. 3 on the list.

4.     Los Angeles – (No. 9): Angelinos must be too busy casting votes for Idol to file their taxes; they are on the top 10 list for the fifth consecutive year.

5.     Seattle – (No. 7): With the rainy winter weather, more than 30 percent of Emerald City residents must not be feeling up to doing their taxes, moving up two spots from last year.

6.     Austin – (No. 4): Texans must be tired of waiting for their refunds. After carrying the Top Procrastinating City title for six years in a row, Austin is Texas’s only top 10 city this year.

7.     Minneapolis – (First timer!): So many theaters, so little time! The Twin Cities must be too busy theater hopping instead of hopping to start those taxes!

8.     Denver – (First timer!): The Mile High City may have spent more time cheering during football season than preparing to file their taxes.

9.     San Diego – (No. 8): Having TurboTax headquarters right around the corner must be helping; San Diegans are filing their taxes faster than the year before, moving down one slot.

10.  Portland – (No. 13): Residents of the Rose City may be too busy smelling the roses, moving up from No. 13 for last year with over 28 percent of their residents waiting until the end of the tax season to file.

Dropping off the Top 10 list this year: Houston, Dallas, San Antonio, and Chicago

The Wannabes

Those who missed the Top 10 cut include:

11. Raleigh

12. Pittsburgh

13. Dallas

14. Chicago

15. Houston

16. Nashville

17. Phoenix

18. Atlanta

19. Richmond

20. Albuquerque

The list is determined by the number of tax returns electronically filed via the TurboTax Online service between April 1 – April 18, 2011.

Last-minute Tax Tips for Procrastinators

Taxpayers who have waited until the last minute to file their taxes don’t need to worry.  There are fast, easy and even free ways to prepare and file until the deadline looms. And ways to make sure they get their maximum refund.

• Go online – It’s easy, convenient and fast. Many taxpayers can finish in less than an hour. And for those people with a simple tax return, it could even be free. Go to turbotax.com to start today.
• ItsDeductible – Don’t forget charitable contributions. This includes cash and non-cash – household items such as clothing, electronics and toys that were donated. For those taxpayers that itemize, these donations can add up to tax savings. Mileage to and from charitable events, even babysitter fees while volunteering, can be deductible too.
• Sock it away – Contribute to an IRA. In the rush to file, don’t miss on opportunities to reduce that tax bill. Even procrastinators can save money on their taxes, they have until the April 17 deadline to contribute to an IRA and get a deduction on their 2011 return.
• Extend the deadline – Taxpayers that aren’t going to make the deadline need to file a tax extension, free with TurboTax. And remember: An extension to file isn’t an extension to pay. Taxes owed are still due April 17.
• File now – Even for those taxpayers that owe Uncle Sam, but don’t have the money, they should still file now and pay what they can. The IRS has payment plans available. For more information, visit www.irs.gov.

For more tax tips and information, visit the
TurboTax blog.

About TurboTax

TurboTax is the nation’s No. 1 rated, best-selling, do-it-yourself tax preparation software. Available on desktop, online and mobile, TurboTax helps more than 23 million people a year easily and accurately claim every deduction and credit they’re entitled to, so they get their biggest tax refund possible. For more information, visit the TurboTax press room.

About Intuit

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 $3.9 billion in its fiscal year 2011. The company has approximately 8,000 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, the Intuit logo and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

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TurboTax First to Deliver Android Tax Prep Apps to Mobile Tablet Customers

SAN DIEGO – March 6, 2012 – TurboTax®, the nation’s leading tax software, today announced a new app now available for Android tablets. Designed and optimized specifically for the Android platform, the app rounds out a robust suite of TurboTax mobile offerings.  TurboTax is the only tax preparation software to offer customized, native apps, not just a browser experience, for the growing number of consumers who choose to prepare their taxes on a mobile or tablet device.

TurboTax for Android are among the first Android tablet apps from Intuit Inc. (Nasdaq: INTU), and is the first and only tax prep app designed specifically for Android tablets that enable taxpayers with simple and complex returns to prepare and e-file both their federal and state taxes completely from their tablet. For Android phone customers, SnapTax, a mobile app designed for a simple return (1040EZ) is also available.

The new TurboTax app gives users the freedom to work on their taxes anytime, anywhere, and without always being connected to the Internet.  The TurboTax for Android app takes advantage of the tablet environment with a unique look and feel, easy navigation and automatically presents customized keyboards, on devices that support it, to make entering tax data easier and more intuitive.

Tax returns can be password protected for an extra layer of security. Customers can e-file their return directly from their tablet and get a refund in as little as seven days with direct deposit and can easily and securely email a copy of their return to their computer.

Once again, TurboTax apps combine the unparalleled ease of TurboTax with the convenience and portability of mobile devices so that taxpayers feel confident their taxes are done right. This year, TurboTax is the only software to offer everyone free one-on-one live tax advice,, via phone or chat from a highly experienced tax professional.

Pricing and Availability

Customers can download the app for free from the Android Market and pay when they’re done.  Customers start in TurboTax Deluxe, for $29.99, and based on their tax situation, they can choose TurboTax Premier or TurboTax Home & Business for an additional cost. State tax preparation is additional.    All pricing is subject to change and includes e-file at no additional cost.

For more information and to see a video, visit the TurboTax blog Taxpayers can follow TurboTax on Twitter or become a fan on Facebook.

About Intuit

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 $3.9 billion in its fiscal year 2011. The company has approximately 8,000 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, the Intuit logo and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

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TurboTax Reaches New Milestones for Customer-Driven Innovations

TurboTax Inner Circle Community Delivers 100th Product Improvement, Ease of Use 

SAN DIEGO, Calif. – Mar. 1, 2012 – TurboTax, the nation’s leading tax software from Intuit Inc. (Nasdaq: INTU), today announced that TurboTax Inner Circle, an influential community of 20,000 customers, reached its 100^th customer-driven product improvement.

The TurboTax Inner Circle Community, which provides product feedback and innovations that are instrumental in helping to make TurboTax even easier to use, is credited for inspiring everything from the ability to “copy & paste” to the popular “flags” feature, which enables customers to bookmark areas in the product so that they can easily navigate back. The book-marking feature, which was coined a “terrific tool” by PC Magazine, is now an industry standard.

As their 100^th contribution, Inner Circle members worked closely with product teams to make it even easier for the TurboTax customers to understand whether they qualify for the Earned Income Tax Credit (EITC) and why.  The credit could mean up to $5,700 for some taxpayers.

“Connecting directly with customers is one of the most important ways for me get insights for product improvements and enhancements,” said Katie Hanson, Product Manager, TurboTax. “The product management and development teams partner closely with Inner Circle members year-round to get ideas and feedback so that we can create a more delightful user experience.”

Join the Inner Circle

Completely free to join, TurboTax customers can sign-up to participate in surveys, alpha and beta tests, exclusive feedback sessions and town halls across the country and ‘sneak peaks’ into product previews. Additionally, the TurboTax Idea Exchange an online social network for exchanging ideas, is available to anyone to review and contribute ideas to improve the end-to-end customer experience. TurboTax reviews every idea submitted through Inner Circle and Idea Exchange and considers them when developing product improvements for upcoming years.

For more information about TurboTax Inner Circle and to hear directly from members, please visit the TurboTax blog or Inner Circle to sign up and learn more.

About TurboTax

TurboTax is the nation’s No. 1 rated, best-selling, do-it-yourself tax preparation software. Available on desktop, online and mobile, TurboTax helps more than 23 million people a year easily and accurately claim every deduction and credit they’re entitled to, so they get their biggest tax refund possible. For more information, visit the TurboTax press room.

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 offering innovative online and mobile banking solutions that make it easier for consumers and businesses to manage their money.

Founded in 1983, Intuit had annual revenue of $3.9 billion in its fiscal year 2011. The company has approximately 8,000 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.

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Intuit, Inc.                                              The OutCast Agency                                    (858)215-9069                                      (415) 345-4779                                    Ashley_kirkendall@intuit.com          Melika@theoutcastagency.com

Free One-On-One Expert Tax Advice From TurboTax Gives Taxpayers Answers to Their Unique Tax Question

SAN DIEGO – February 15, 2012 – Tax season is officially under way, and with tax season comes tax questions. Everything from the common “Can I claim my boyfriend as a dependent?” to the “How do I determine the cost basis of the stock I sold?”

There is some good news for taxpayers this year though.  Now TurboTax, the nation’s leading tax software from Intuit Inc. (Nasdaq: INTU), is offering free one-on-one expert tax advice for everyone, live by phone and chat.  Taxpayers can get the answers to their tax questions for free from highly qualified CPAs, Enrolled Agents and Tax Attorneys authorized in tax preparation, giving them extra confidence that their tax return is done right.

Here are the answers to the top five most common tax questions from TurboTax:

• Who can I claim as a dependent?

Questions about who can be claimed as a dependent have been a top question for taxpayers for years.  Taxpayers often have questions related to claiming a boyfriend, girlfriend’s child, a parent who lives with them, or a child who has moved back home after college.  You can claim a “qualified child” or “qualified relative” if they meet certain tests including residence, age and financial support.  The easiest thing to do?  Use TurboTax, it will ask you simple questions and then let you know whether a person qualifies as a dependent.

• Are unemployment benefits taxable?

With the average unemployment rate 9.7%, many taxpayers are wondering how this impacts their taxes.  Unfortunately, 100% of unemployment benefits are taxable.  However, if you were unemployed for part of the year, don’t forget that job search and moving expenses may be tax deductible.

• What are the tax consequences of withdrawing money from my 401K?

Due to the economy, more Americans are considering withdrawing money early from a retirement account.  Remember; if you have not reached age 59-1/2, you will be faced with an additional 10% tax penalty (in addition to the regular income tax on the withdrawal) for early withdraw. This may also result in the taxation of other income, like social security that wasn’t taxable before and bump you into a higher tax bracket.

• What can I deduct in a mortgage refinance?

With 302,000 new homes sold and interest rates dropping in 2011 there are many people who have questions about the tax implications of refinancing their home. If that’s you, there may be some good news.  If the mortgage is your principal residence, you generally can only deduct, over the life of the new loan, the points you paid to refinance the loan. If the mortgage is a rental property, you may be able to deduct additional charges in connection with securing the loan like underwriting fees, appraisal fees, and attorney fees.

• Is my social security income taxable?

There are 78 million boomers nearing or already enjoying the benefits of retirement.  First, congratulations!  Second, if social security is the only income received then that income is not taxable. However if you receive other types of income, some of your social security benefits may be taxable. 

TurboTax guides taxpayers step-by-step through the tax implications of the questions above and more.  Plus, TurboTax tax experts are available to provide personalized guidance by phone or chat, so that people can be even more confident that they are getting their biggest possible refund, guaranteed.

For more answers to the most common tax questions for the unemployed, parents, baby boomers and homeowners, visit the TurboTax Blog.

Follow TurboTax on Twitter or become a fan on Facebook.

About TurboTax
TurboTax is the nation’s No. 1 rated, best-selling, do-it-yourself tax preparation software. Available on desktop, online and mobile, TurboTax helps more than 23 million people a year easily and accurately claim every deduction and credit they’re entitled to, so they get their biggest tax refund possible. For more information, visit the TurboTax press room.

About Intuit
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 $3.9 billion in its fiscal year 2011. The company has approximately 8,000 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, the Intuit logo and TurboTax, among others, are registered trademarks and/or registered servicemarks of Intuit Inc. in the United States and other countries.

Kate McEwan, The OutCast Agency, 415-345-4768,TurboTax@theoutcastagency.com

TurboTax Goes Mobile:  Prepare, File Taxes From Smart Phones and Tablets

 SAN DIEGO – Jan. 17, 2012 –Whether you use a smart phone or a tablet, an expanded suite of TurboTax® mobile apps makes it simple and convenient for taxpayers to easily and accurately prepare and e-file a return, estimate their taxes and track their tax refund.

TurboTax, the nation’s leading tax software from Intuit Inc. (Nasdaq: INTU), was the first to offer full tax preparation and e-filing directly from a mobile device. Unlike other tax apps, TurboTax apps are specifically designed and optimized, for a true mobile user experience.

TurboTax apps combine the unparalleled ease of TurboTax with the convenience and portability of mobile devices so that taxpayers feel confident their taxes are done right, while guiding taxpayers step-by-step to their maximum tax refund. 

• SnapTax: Designed for taxpayers with a simple return (1040EZ), SnapTax was the first mobile app to allow users to completely prepare and e-file a federal and state return from their iPhone or Android device. SnapTax is easy, accurate and secure and lets users snap a photo of their W-2 with the camera in their phone and then, automatically transfers information right onto their tax return. Taxpayers then answer a few simple questions, review their return and tap “File My Taxes” to e-file in minutes.

•  TurboTax for iPad:  Improved for tax year 2011, TurboTax for iPad, now includes the ability to easily transfer information from a prior year return and automatically import income information directly from 400,000 employers, banks and financial institutions. Free one-on-one tax advice from highly-qualified tax experts is now available to users of TurboTax for iPad and SnapTax as well.

•  TaxCaster: Now available for iPad as well as iPhone and Android devices, TaxCaster is a free and easy way to estimate a tax refund.  With this interactive and engaging app, customers can quickly and easily enter information using visual icons and sliders to see where they stand before they file.  

• MyTaxRefund: After e-filing, any taxpayer can check the status of both their federal and state tax returns with this free and easy mobile app available now for iPad, as well as iPhone, Android devices.  MyTaxRefund addresses the questions taxpayers have after they file around when their tax returns are accepted and when to expect to receive their federal tax refund based on IRS projections.

•  TurboTax Card Mobile- Free to TurboTax customers who choose to receive their refund on a TurboTax Prepaid Visa® Card, the TurboTax Card Mobile app is available for both iPhone and Android devices.  The app allows customers to track their federal tax refund, activate their card, check their balance and transactions, locate ATMs and more.

 TurboTax Online products are also accessible to mobile users.

All TurboTax online products, including Free Edition, are now compatible when accessing through a browser on the iPhone, Android, Kindle Fire, iPad and other tablets. With an improved mobile experience, customers using a browser can move between their mobile device and their computer giving them more freedom and choice to prepare their taxes whenever and wherever they want.

Pricing and Availability

All apps from TurboTax are free to download. TurboTax for iPad and SnapTax customers pay when they are done. SnapTax includes both federal and state tax preparation for $19.99.  TurboTax for iPad customers begin using TurboTax Deluxe, for $29.99, and based on their tax situation, can choose TurboTax Premier or TurboTax Home & Business for an additional cost. State tax preparation is additional. All pricing for mobile apps is subject to change and includes e-file at no additional cost.  Available on the App Store, Android Market or Amazon Appstore for Android.

For more information, check out new videos about TurboTax for iPad and SnapTax, or visit the TurboTax blog.

About Intuit

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 $3.9 billion in its fiscal year 2011. The company has approximately 8,000 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, the Intuit logo and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

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SAN DIEGO – Dec. 1, 2011 – TurboTax for 2011 now offers free one-on-one tax advice, giving taxpayers unparalleled ease, accuracy and confidence when preparing their tax returns.  Whether it’s by phone or live chat, taxpayers can easily get answers to their tax questions from an experienced tax professional – for free!

TurboTax, the nation’s leading tax software from Intuit Inc. (Nasdaq: INTU), guides customers through their return step by step, helping them claim every tax deduction and credit they deserve so they can be confident they get their biggest possible refund, guaranteed.

Free One-On-One Expert Tax Advice

New for 2011, TurboTax offers free access to its “Ask a Tax Expert” service.  This gives taxpayers personalized answers to their tax questions from an experienced tax professional by phone or live chat, so they feel even more confident that their taxes are done right.

“We’re focused on making it even easier for taxpayers to get their maximum refund,” said Dan Maurer, general manager of TurboTax. “Each year, many Americans needlessly overpay someone else to do their taxes. This year, TurboTax will provide free one-on-one expert tax advice, giving those that need it the confidence that their tax return is done right.”

TurboTax tax experts are highly qualified U.S. based IRS-Enrolled Agents, CPAs or tax attorneys with extensive knowledge in tax law and tax return preparation. Available daily from 5 a.m. to 9 p.m. PT, the free “Ask a Tax Expert” service is accessible through all TurboTax desktop, online and mobile offerings.

Making it even easier for taxpayers to get their biggest possible refund, TurboTax 2011:

• Guides taxpayers step-by-step through their tax return, getting them every deduction and credit they deserve. New improvements make it simpler to quickly enter personal information and claim important deductions and credits, such as dependents or the Earned Income Tax Credit, which could be worth as much as $5,751 per family.

• Transfers information automatically from more than 400,000 employers, banks and financial institutions. Customers gain immediate access to essential tax information, dramatically reducing data entry and making tax preparation easier and more accurate.

• Offers more ways for customers to quickly get their tax refunds. Free IRS electronic filing gives taxpayers an easy and fast way to receive their federal tax refunds – in as little as seven days with direct deposit. No other tax service or software can get taxpayers their refund faster. Customers can also put their refund on the TurboTax Prepaid Visa® Card

• Makes it even easier for customers to stay informed even after they file by offering them the option to receive updates on their e-file status via text messages. In addition, any taxpayer who e-files their tax return can track the status of their federal refund with MyTaxRefund, a free app available for iPhone and Android.

Mobile Makes it Easier

TurboTax mobile apps make it easy for customers to estimate their taxes, prepare and e-file their return and track their tax refund.  TurboTax offers the nation’s only start-to-finish tax apps that enable people to prepare and e-file a federal and state tax return directly from a mobile device. TurboTax SnapTax, designed for taxpayers with simple returns (1040EZ), lets customers snap a photo of their W-2, answer a few simple questions, review for accuracy and e-file from an iPhone or Android in minutes. Taxpayers who want more guidance can choose to prepare and e-file their taxes with TurboTax for the iPad., which combines the ease and accuracy of TurboTax with the convenience and portability of the iPad.  TurboTax apps for 2011 will be available in January.

Pricing and Availability

TurboTax Online pricing starts at free for simple federal tax returns. All TurboTax Online federal and state products include e-filing at no additional cost and are now available at http://www.TurboTax.com.  .

TurboTax 2011 desktop products start at $29.95, including preparation and e-filing for up to five federal returns, and are available at retail stores or direct from TurboTax.

About TurboTax
TurboTax is the nation’s No. 1 rated, best-selling, do-it-yourself tax preparation software. Available on desktop, online and mobile, TurboTax helps more than 23 million people a year easily and accurately claim every deduction and credit they’re entitled to, so they get their biggest tax refund possible. For more information, visit the TurboTax press room.

About Intuit

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 $3.9 billion in its fiscal year 2011. The company has approximately 8,000 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, the Intuit logo and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

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