Intuit posts 11 percent gain in TurboTax unit sales early in tax season

Intuit reports 11 pct rise in TurboTax sales

MOUNTAIN VIEW, Calif. — Intuit Inc. on Thursday said unit sales of its TurboTax federal income tax preparation products rose 11 percent early in this year’s tax season, compared with the same period a year ago.

Intuit reported selling 10.97 million TurboTax units through Feb. 13, compared with 9.9 million in the year-ago period.

Sales of the Web-based version posted the strongest gain among TurboTax products, with a 23 percent rise.

The desktop computer version fell 1 percent on a unit sales basis, and Web-based TurboTax Free File Alliance products also slipped 1 percent.

Dan Maurer, general manager of Intuit’s consumer group, said the company was “very pleased” with the early season results.

Intuit plans further updates on TurboTax sales in March and April.

The company, based in Mountain View, Calif., also separately announced Thursday that its fiscal second-quarter profit rose 34 percent.