Form: POS AM

Post-effective amendment to a registration statement that is not immediately effective upon filing

April 24, 2003

Documents

EXHIBIT 12.1

Published on April 24, 2003

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EXHIBIT 12.01

INTUIT INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES




SIX
YEARS ENDED JULY 31, MONTHS
--------------------- ENDED
JAN 31,
1998 1999 2000 2001 2002 2003
---- ---- ---- ---- ---- ----

(In thousands, except ratios)

Earnings:................................
Income (loss) from continuing
operations before income taxes...... $(5,098) $629,588 $542,241 $(137,133) $70,549 $ 94,858
Fixed charges....................... 2,433 3,968 10,235 9,996 8,826 3,931
------ ------- ------- ------- ------ ------
Total ......................... $ (2,665) $633,556 $552,476 $(127,137) $79,375 $ 98,789
====== ======= ======= ======= ====== ======

Fixed charges:...........................
Interest expense.................... $ 100 $ 986 $ 4,376 $ 2,780 $ 1,372 $ 354
Portion of rent deemed to be interest 2,333 2,982 5,859 7,216 7,454 3,577
------ ------- ------- ------- ------ ------
Total ......................... $ 2,433 $ 3,968 $ 10,235 $ 9,996 $ 8,826 $ 3,931
====== ======= ======= ======= ====== ======

Ratio of earnings to fixed charges........ (1) 159.65 53.98 (2) 8.99 25.13

(1) Earnings were inadequate to cover fixed charges by $7,531.

(2) Earnings were inadequate to cover fixed charges by $147,129.