File Today With TurboTax and Get Your Maximum Refund

IRS Now Accepting E-filed Returns

SAN DIEGO–(BUSINESS WIRE)–TurboTax®, the nation’s
leading tax preparation service of federal
tax returns, from Intuit Inc. (Nasdaq: INTU), reminds taxpayers that
the Internal Revenue Service begins accepting e-filed tax returns today,
officially kicking off the tax season. Taxpayers can file now with
TurboTax and get every dollar they deserve.

At TurboTax, we have been helping taxpayers file their taxes for over 30
years. Last year alone, we processed over 40 million tax returns for
taxpayers. Regardless of a person’s tax situation, TurboTax has
taxpayers covered with step-by-step guidance and live credentialed tax
experts to ensure they get their maximum tax refund and they are not
alone.

“We know tax reform may have raised questions for some taxpayers, but
rest assured for the majority of taxpayers, the new tax laws don’t
impact their 2017 taxes and TurboTax is up to date with the latest tax
law changes,” said Intuit’s Chief Tax Officer, David Williams. “And with
about 75% of taxpayers getting tax refunds and the average direct
deposit tax refund over $3,000 last tax season, there is no reason to
wait to file. By filing now, taxpayers can be first in line for their
tax refunds.”

We know taxpayers work hard for their money and TurboTax
wants to help them find and keep more of it. That’s why, for the fourth
year in a row, TurboTax is providing totally free
tax filing to millions of customers with TurboTax®
Absolute Zero®. For a limited time, the over 60 million taxpayers
filing a 1040A or 1040EZ can do their federal and state taxes and have
complete confidence that their taxes will be absolutely free,
guaranteed, and that they are getting their maximum tax refunds. And
TurboTax doesn’t charge extra for the Earned
Income Tax Credit.

Taxpayers whose incomes are under the IRS income filing requirement are
also reminded to file if they had federal taxes taken out of their
paychecks since they may have a refund owed to them, especially if they
are eligible for a refundable tax credit like the Earned Income Tax
Credit, which can mean a tax credit over $6,000 for a family with three
kids. The IRS reports close to one billion dollars in unclaimed refunds
every year that belong to taxpayers who don’t file their taxes and the
average tax refund is close to $700.

For those who want the added confidence of expert help, TurboTax now
offers TurboTax
Live to quickly connect you to a live Certified Public Accountant
(CPA) or Enrolled Agent (EA) via one-way video technology, on demand
from the comfort of your couch. Our TurboTax Live tax experts are
standing by to answer your tax questions, provide personalized tax
advice and answers, and walk you through your return. Our tax experts
can even review, sign, and file your tax return for added confidence.

According to the IRS, the fastest way for taxpayers to get their tax
refunds is e-file with direct deposit. The IRS expects to issue more
than 9 out of 10 federal tax refunds in less than 21 days after
acceptance. The IRS also wants us to remind taxpayers, that by law, the
IRS cannot issue tax refunds on tax returns claiming the Earned Income
Tax Credit or the Additional Child Tax Credit before mid-February 2018,
but taxpayers are still encouraged to file today since the IRS will
still process taxpayers’ tax returns in the order they are received. If
taxpayers are using tax software for the first time, they should also
have a copy of their 2016 tax returns since taxpayers are required to
enter their prior year adjusted gross incomes (AGI) to file
electronically. The tax deadline to file individual tax returns this
year is April 17.

The IRS has once again opened its popular Free File Program, available
at www.irs.gov, a public-private
partnership between the federal government and private tax preparation
companies, including TurboTax maker Intuit. Eligible taxpayers can
prepare and file their federal and state tax returns with TurboTax All
Free, available through IRS.gov, at no cost.

About Intuit

Intuit’s mission is to Power Prosperity Around the World. Its global
products and platforms, including TurboTax,
QuickBooks, Mint and Turbo, are
designed to empower consumers, self-employed, and small
businesses to improve their financial lives, finding them more money
with the least amount of work, while giving them complete confidence in
their actions and decisions. Intuit’s innovative ecosystem of financial
management solutions serves partners and 46 million customers worldwide,
unleashing the power of many for the prosperity of one. For the latest
news and in-depth information about Intuit and its brands, visit Intuit.com
and follow on Facebook.

Contacts

Intuit Inc.
Lisa Lewis, 858-215-7787
lisa_lewis@intuit.com