Form: 3

Initial statement of beneficial ownership of securities

October 26, 2007

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*
Jensen Rick W

(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)
10/16/2007
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)
Senior Vice President
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 377 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
Restricted Stock Unit (1) (1) Common Stock 9,000 (2) D
Restricted Stock Unit (3) (3) Common Stock 9,000 (2) D
Employee Non-Qualified Stock Option (right to buy) 07/30/2007 07/30/2011 Common Stock 6,667 18.72 D
Employee Non-Qualified Stock Option (right to buy) (4) 07/28/2012 Common stock 33,335 24 D
Employee Non-Qualified Stock Option (right to buy) (5) 07/25/2013 Common Stock 28,000 31.29 D
Employee Non-Qualified Stock Option (right to buy) (6) 07/24/2014 Common Stock 28,000 30.07 D
Explanation of Responses:
1. 50% of the restricted stock units vest on August 1, 2008; the remaining restricted stock units vest on August 1, 2009.
2. 1-for-1
3. 50% of the restricted stock units vest on August 1, 2009; the remaining restricted stock units vest on August 1, 2010.
4. 16,667 options are currently vested; an additional 1,667 options vest each month such that the options are fully vested on 7/29/2008.
5. 33 1/3 of the options vested on 7/26/2007; the remainder vest 2.778% for each of the following 24 months such that the award is fully vested on 7/26/2009.
6. 33 1/3 of the options vested on 7/25/2008; the remainder vest 2.778% for each of the following 24 months such that the award is fully vested on 7/25/2010.
Remarks:
/s/ Tyler Cozzens, under a Confirming Statement 10/26/2007
** 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.