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 *
POWELL DENNIS D
  2. Issuer Name and Ticker or Trading Symbol
INTUIT INC [INTU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O INTUIT INC., 2700 COAST AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2007
(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

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
Non-Qualified Stock Option (right to buy) (1) $ 30.96 02/19/2007   A   22,500     (2) 02/18/2014 Common Stock 22,500 (3) 22,500 D  
Non-Qualified Stock Option (right to buy) (1) $ 30.96 02/19/2007   A   10,000     (4) 02/18/2014 Common Stock 10,000 (3) 10,000 D  
Non-Qualified Stock Option (right to buy) $ 22.62               (5) 02/19/2014 Common Stock 90,000   90,000 D  
Non-Qualified Stock Option (right to buy) $ 22.62             02/19/2005 02/19/2014 Common Stock 10,000   10,000 D  
Non-Qualified Stock Option (right to buy) $ 20.475             02/19/2007 02/19/2012 Common Stock 30,000   30,000 D  
Non-Qualified Stock Option (right to buy) $ 20.475             02/19/2006 02/19/2012 Common Stock 10,000   10,000 D  
Non-Qualified Stock Option (right to buy) $ 24.625               (6) 02/19/2013 Common Stock 30,000   30,000 D  
Non-Qualified Stock Option (right to buy) $ 24.625             02/19/2007 02/19/2013 Common Stock 10,000   10,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
POWELL DENNIS D
C/O INTUIT INC.
2700 COAST AVENUE
MOUNTAIN VIEW, CA 94043
  X      

Signatures

 /s/ Tyler R. Cozzens, under a Confirming Statement   02/20/2007
**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) Automatic grant to non-employee director.
(2) Option vests as to 50% of the option shares on the first anniversary of the grant date and thereafter at the rate of 4.1666% on 12 succeeding monthly anniversaries.
(3) Reporting person was awarded the option shares in connection with his service as a non-employee director.
(4) 8.333% of the option shares vest on the monthly anniversary of the grant date such that the option is fully vested on 2-19-2008.
(5) 67,500 option shares vested as of 2-19-07; 2.0833% of the option shares vest monthly such that the option is fully vested on 2-19-08.
(6) 15,000 option shares vested as of 2-19-07; 4.1666% of the option shares vest on 12 succeeding monthly anniversaries such that the option shares are fully vested on 2-19-08.
 
Remarks:
Remarks:  The numbers of 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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