Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Karpas Peter J
   2. Issuer Name and Ticker or Trading Symbol
INTUIT INC [INTU] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, Chf Mktg & Prod Mgmt Off.
(Last)
(First)
(Middle)
C/O INTUIT INC., 2700 COAST AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
07/26/2006
(Street)

MOUNTAIN VIEW, CA 94043		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               2,502 (1) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Non-Qualified Stock Option (right to buy) $ 31.29 07/26/2006   A   45,000     (2) 07/25/2013 Common Stock 45,000 (3) 45,000 D  
Executive Stock Ownership Program Matching Unit (4) (5)             06/15/2010   (6) Common Stock 160   160 D  
Employee Non-Qualified Stock Option (right to buy) $ 18.0625             04/03/2004 05/01/2010 Common Stock 30,000   30,000 D  
Employee Non-Qualified Stock Option (right to buy) $ 27.0313             09/26/2005 10/02/2010 Common Stock 14,000   14,000 D  
Employee Non-Qualified Stock Option (right to buy) $ 14.69             04/24/2005 04/24/2011 Common Stock 20,000   20,000 D  
Employee Non-Qualified Stock Option (right to buy) $ 21.43               (7) 08/01/2010 Common Stock 14,000   14,000 D  
Employee Non-Qualified Stock Option (right to buy) $ 18.72               (8) 07/30/2011 Common Stock 105,000   105,000 D  
Employee Non-Qualified Stock Option (right to buy) $ 24               (9) 07/28/2012 Common Stock 120,000   120,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Karpas Peter J
C/O INTUIT INC.
2700 COAST AVENUE
MOUNTAIN VIEW, CA 94043		       SVP, Chf Mktg & Prod Mgmt Off.  

Signatures

 /s/ CHRISTINA HALL, UNDER A CONFIRMING STATEMENT   07/28/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 161 shares acquired through the Intuit Inc. 1996 Employee Stock Purchase Plan on 6/15/2006 and 1,251 shares issued in connection with a 2-for-1 stock split on 7/6/2006.
(2) 33 1/3% of the options vest on the first anniversary of the grant date; the remaining options vest 2.778% for each of the following 24 months such that the option is fully vested on the third anniversary of the grant date.
(3) Reporting person was awarded the options in connection with his employment.
(4) Restricted Stock Unit
(5) 1-for-1
(6) Subject to the requirements of Internal Revenue Code 409A, reporting person may elect to defer issuance of stock under Restricted Stock Unit to a date not later than the first day of the fiscal year following termination of employment with the issuer.
(7) Currently, 12,611 shares are vested and the remainder 1,389 shares vest on 8/1/2006.
(8) Currently, 61,664 shares are vested and an additional 3,332 shares vest monthly such that the options fully vest on 7/30/2007.
(9) 33 1/3% of the options vest on 7/29/2006; the remaining options vest 2.778% for each of the following 24 months such that the option is fully vested on 7/29/2008.
 
Remarks:
Remarks: The numbers of non-derivative and derivative securities beneficially owned by the reporting person have been adjusted to reflect the 2-for-1 stock split effective on July 6, 2006.

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