Form: 3

Initial statement of beneficial ownership of securities

May 8, 2006

Documents

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Karpas Peter J
(Last) (First) (Middle)
C/O INTUIT INC.
2700 COAST AVENUE
(Street)
MOUNTAIN VIEW CA 94043
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/01/2006 		3. Issuer Name and Ticker or Trading Symbol
INTUIT INC [ INTU ]
4. 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.
 5. If Amendment, Date of 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
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,090 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Non-Qualified Stock Option (right to buy) 04/03/2004(1) 05/01/2010 Common Stock 15,000 36.125 D
Employee Non-Qualified Stock Option (right to buy) 09/26/2004(2) 10/02/2010 Common Stock 7,000 54.0625 D
Employee Non-Qualified Stock Option (right to buy) 04/24/2005(3) 04/24/2011 Common Stock 10,000 29.38 D
Employee Non-Qualified Stock Option (right to buy) (4) 08/01/2010 Common Stock 7,000 42.86 D
Employee Non-Qualified Stock Option (right to buy) (5) 07/30/2011 Common Stock 52,500 37.44 D
Employee Non-Qualified Stock Option (right to buy) (6) 07/28/2012 Common Stock 60,000 48 D
Explanation of Responses:
1. Options fully vested on 4/3/2004.
2. Options fully vested on 9/26/2004.
3. Options fully vested on 4/24/2005.
4. Currently, 4,916 shares are vested and an additional 694 shares vest monthly such that the options fully vest on 8/1/06.
5. Currently, 27,498 shares are vested and an additional 1,666 shares vest monthly such that the options fully vest on 7/30/2007.
6. 33.33% of the options vest on 7/29/06; therafter 2.778% of the options vest monthly for 24 months such that the options are fully vested on 7/28/2008.
Remarks:
/s/ Tyler R. Cozzens, under a Confirming Statement 05/08/2006
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 5 (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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.