Beginning today, all taxpayers can electronically file their 2010 tax
return with TurboTax®, the nation’s No.1-rated, best-selling tax
software, including taxpayers affected by recently announced IRS
processing delays. Taxpayers can prepare and e-file their return with
TurboTax, receive their state refund as soon as possible and have
TurboTax automatically e-file their federal tax return when the IRS
begins accepting them in February.
“There’s no need to wait to file your taxes this year,” said Bob
Meighan, CPA and vice president of TurboTax. “By e-filing
now with TurboTax, your return is in the queue when the IRS starts
processing refunds. TurboTax will notify you the moment your return has
been e-filed with the IRS and we’ll let you know when to expect your
federal refund. In addition, we’re working with states to help our
customers get their state tax refunds without delay. There’s no reason
to wait or worry with TurboTax.”
The IRS is urging all taxpayers to electronically file their 2010 taxes
to ensure accurate returns and faster refunds. Once the IRS begins
processing returns affected by the delays, taxpayers who e-file and
choose direct deposit can expect their refund in as little as eight days.
Taxpayers who itemize deductions and those claiming the Higher Education
Tuition and Fees deduction or the Educator Expense Deduction will be
impacted by the delays, which affect all tax preparation methods and
include both e-filed and paper returns.
TurboTax products are up-to-date with the latest tax
forms and tax law changes. TurboTax will hold customers’ tax
returns until the IRS begins accepting returns subject to the
processing delays. TurboTax will send customers an email confirmation
when their return has been successfully transmitted and accepted by the
IRS.
TurboTax is the fast, easy way for taxpayers to get their refund.
Taxpayers affected by the delay will see clear, easy-to-understand
explanations within TurboTax and will get additional, step-by-step
guidance so they can be confident they’re getting every tax
deduction and credit to which they are entitled.
Taxpayers with any tax questions can take advantage of a free answer
from a TurboTax tax expert through Jan. 31 at www.freetaxquestion.com.
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 20 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. (NASDAQ:INTU) 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 $3.5 billion in its fiscal
year 2010. The company has approximately 7,700 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.

Source(s) : Intuit Inc.