[March 19, 2013]

Intuit Tax Products Reinstated to Minnesota's Approved Vendor List

Intuit (News - Alert) Inc. (Nasdaq: INTU) is pleased to announce that the Minnesota Department of Revenue has reinstated Intuit's consumer and professional tax products to its approved vendor list.

In a statement posted today to its web site, the Minnesota Department of Revenue announced that "Intuit has fixed the reported errors and taxpayers can continue to use Intuit products."

"We are very pleased that the Minnesota Department of Revenue has restored Intuit's TurboTax, ProSeries, Intuit Tax Online and Lacerte products to its approved vendor list," said Bob Meighan, vice president at Intuit. "We appreciate the state's collaboration and want to reassure customers they can file with confidence.

"Intuit released fixes to resolve known issues affecting its consumer and professional tax products in the state of Minnesota last week and has communicated directly with affected customers who filed returns with the state of Minnesota. The company's online products were automatically updated; desktop users will be prompted to update their software.

"Intuit is continuing to work closely with the Minnesota State Department of Revenue to fully resolve any remaining impact to customers' returns.

"The company is also issuing refunds to its affected individual Minnesota state TurboTax customers for the full amount of their tax preparation fees."

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 $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 http://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.

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