SAN DIEGO--(BUSINESS WIRE via COLLEGIATE PRESSWIRE)--Jan 12, 2004--A growing number of Americans are becoming increasingly comfortable managing their financial lives online, a trend that could extend into the upcoming tax season.
A recent report from Jupiter Research found that 18.9 million American households viewed and paid bills online during 2003 -- up from 12.2 million in 2002. Jupiter estimates that figure to grow to 60.6 million by 2008 as more and more Americans manage their financial lives -- everything from banking to taxes -- over the World Wide Web.
The research comes as Intuit Inc. announces the availability of the premier online tax preparation service, TurboTax(R) for the Web(SM). The service helps taxpayers prepare and file their taxes with the same speed, ease and convenience they`ve come to expect from online banking and bill pay. TurboTax for the Web offers a complete, thorough and accurate way to prepare taxes while giving taxpayers the confidence their taxes are done right.
Fast, Simple Tax Preparation
With the TurboTax for the Web service, taxpayers can prepare and file their 2003 federal and state income tax returns quickly from the comfort of their own home or office on their personal computer Taxpayers can quickly obtain their refund, in as little as 10 days, compared to six weeks through the mail. They can prepare their return entirely online at any time from any computer with Internet access.
In addition, taxpayers can even ''try before they buy,'' using the TurboTax for the Web service to prepare their taxes at no cost until they print or electronically file their return. The TurboTax for the Web service allows customers to complete their taxes at their own pace, starting and stopping as often as they want. Every time they return to TurboTax for the Web, they simply pick up where they left off.
''The speed, convenience and ability to get a fast refund have always made TurboTax for the Web a popular tax prep choice,'' said Rick Jensen, vice president of Intuit`s consumer tax group.
File Electronically at no Additional Cost
After taxpayers prepare their return online, they can file it electronically. TurboTax for the Web customers can file their state tax returns electronically within 44 states and the District of Columbia, when the Internal Revenue Service begins accepting e-filed returns later this month.
Pricing
TurboTax for the Web services are designed to meet a wide variety of tax preparation needs, from simple to complex. Prices start at $9.95. For more pricing information, visit www.turbotax.com.
About TurboTax
Now in its 20th tax season, TurboTax continues to be the Nation`s No. 1-selling tax preparation software program, achieving a 71 percent share of units sold at retail in 2002, according to NPD Intelect. Its Web-based counterpart, the TurboTax for the Web service, is also the most popular site for online tax preparation and filing services. With more than 20 years of personal finance expertise, the TurboTax family of products saves time and money for more than 10 million Americans each year.
About Intuit Inc.
Intuit Inc. (Nasdaq:INTU) is a leading provider of business and financial management solutions for small- and mid-sized businesses, consumers and accounting professionals. Its flagship products and services, including QuickBooks(R), Quicken(R) and TurboTax(R) software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries(R) and Lacerte(R) are Intuit`s leading tax preparation software suites for professional accountants.
Founded in 1983, Intuit had annual revenue of more than $1.6 billion in its fiscal year 2003. The company has nearly 7,000 employees with major offices in 13 states across the U.S. and offices in Canada and the United Kingdom. More information can be found at www.Intuit.com.
Intuit, the Intuit logo, TurboTax and TurboTax for the Web, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.
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