In particular, TurboTax Full Service is gaining traction through its expanding local strategy, opening the door to meaningful upsell and cross-sell opportunities.\nThe mean price target of $787.78 represents a premium of 97.2% to INTU\u2019s current levels, while the Street-high price target of $971 implies a potential upside of 143.1% from the current price levels. The stock holds a consensus \u201cModerate Buy\u201d rating from 31 analysts, with 20 \u201cStrong Buys\u201d and three additional \u201cModerate Buy\u201d anchoring the optimistic camp. Technology ETF (IYW), which is up 15.5% in 2025 and has slipped just 4.6% so far in 2026, underscoring the stock\u2019s pronounced underperformance within the tech space.\n\n \n \n \n \n\nIntuit\u2019s sharp slide over the past year has been driven largely by AI anxiety. Click the link to see which stocks MarketBeat analysts could become the next blockbuster growth stocks. While Intuit currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

Tax information for businesses

Your EIN is a unique identifying number for your business, which means you have to use your EIN when you’re filing a tax return or opening a bank account for your business. If your business is a sole proprietorship, you would file your business taxes as part of your individual tax return, which allows you to use your Social Security number. There are a few easy ways to figure out your EIN so you can file taxes on time. When tax season arrives, you need your EIN number to file your business taxes. The IRS identifies taxpayers by their Social Security numbers, but what about businesses?

Intuit Down Over 11%, on Track for Largest Percent Decrease Since March 2020 — Data Talk

• Deluxe to maximize tax deductions
• There are a few easy ways to figure out your EIN so you can file taxes on time.
• If your tax return is due and you haven’t received your EIN, write “Applied For” and the date that you applied for it in the space shown for the number.
• In particular, TurboTax Full Service is gaining traction through its expanding local strategy, opening the door to meaningful upsell and cross-sell opportunities.The mean price target of $787.78 represents a premium of 97.2% to INTU’s current levels, while the Street-high price target of $971 implies a potential upside of 143.1% from the current price levels.
• Estimate your tax refund and where you stand
• The stock holds a consensus \u201cModerate Buy\u201d rating from 31 analysts, with 20 \u201cStrong Buys\u201d and three additional \u201cModerate Buy\u201d anchoring the optimistic camp.

Scroll down to the section Your tax returns & documents. It would have a Form W-2 Wage and Tax Statement that included the tax data from the forms that were entered.The forms would be included in the PDF of the tax return in the tax year the return was completed. The Form 1040 will have the Social Security number of the taxpayer(s). There is not an EIN on a federal tax return. There will not be an EIN on your tax return.

Love TurboTax

The software features a forms-based interface that displays tax forms on-screen for direct data entry, offering approximately 3,700 forms and schedules, along with around 1,000 error-checking diagnostics. Intuit ProSeries Tax is a desktop-based professional tax preparation software aimed at individual practitioners and small to mid-sized firms. The software offers advanced tools, including comprehensive tax planning utilities, what-if analysis, and integration with QuickBooks Desktop for trial balance imports. Lacerte Tax is a desktop-based tax software that supports over 5,700 forms, including individual, corporate, partnership, fiduciary, estate, and gift tax returns, and features more than 25,000 error-checking diagnostics. Intuit Lacerte Tax is a desktop-based professional tax preparation software designed for large accounting firms and complex tax returns. Intuit ProConnect Tax is offered as a package or on a pay-per-return basis In 2024, it became the first professional tax software to offer built-in tax-planning strategy generation through its Tax Advisor integration.

The firm\u2019s stance is backed by its annual survey of U.S. tax filers, which highlighted largely positive trends for TurboTax. The company has beaten consensus EPS estimates in each of the last four quarters, underscoring its track record of steady performance.\nWall Street is still leaning bullish on Intuit, but the enthusiasm isn\u2019t unanimous. In Intuit\u2019s case, concerns about future disruption have overshadowed present-day fundamentals, pressuring the shares despite resilient execution.\nLooking forward to the fiscal year ending in July 2026, analysts expect INTU\u2019s EPS to rise 12.1% year-over-year to $17.23. Year to date, the stock has plunged nearly 39.7%, while the broader index has posted only a modest decline. However, lofty ambitions haven\u2019t translated into stock market success.

Technology ETF (IYW), which is up 15.5% in 2025 and has slipped just 4.6% so far in 2026, underscoring the stock’s pronounced underperformance within the tech space. However, lofty ambitions haven’t translated into stock market success. Through these platforms, Intuit provides solutions spanning tax preparation, personal finance, accounting, marketing and business management.

Our small business tax experts are matched to your specific industry and stay up to date on the latest tax laws, ensuring you get every credit and deduction possible to keep more money in your business. With TurboTax Experts for Business, get unlimited expert help while you do your taxes, or let a tax expert file completely for you, start to finish. If your business employs workers, withholds taxes on the wages and salaries it pays or you operate the business as a corporation or partnership, then the IRS requires you to obtain an EIN number. The number allows the IRS to identify your business and requires you to provide it on all of your tax documents and forms. If you operate a business the IRS may require you to obtain an Employee Identification Number (EIN), which is also referred to as your business tax ID number.

Businesses, organizations and some retirement trusts need an EIN to manage their taxes. If you are forming a legal entity (LLC, partnership, corporation or tax exempt organization), form your entity through your state before you apply for an EIN. Whether you want to do your taxes yourself or have a TurboTax expert file for you, we’ll make sure you get every dollar you deserve and your biggest possible refund – guaranteed. No matter what moves you made last year, TurboTax will make them count on your taxes.

Self-employed tax calculator W-4 tax withholding calculator File an IRS tax extension

• Intuit has lobbied against IRS proposals to create a free, pre-filled tax filing system.
• With TurboTax Expert Assist Business, get unlimited, personalized help from small business tax experts who understand your industry, plus a final review to guarantee 100% accuracy and the maximum tax savings.
• At the end of the free trial, you’ll automatically be charged $99.00 USD, plus applicable tax on a monthly basis on your account’s billing date until you cancel.
• Self-employed tax calculator
• For comprehensive rankings of all C-rated Information Technology stocks, consult the Weiss Stock Screener.
• Www.barchart.com Intuit’s sharp slide over the past year has been driven largely by AI anxiety.
• Each product is designed for a different segment of the professional tax market, from individual practitioners to firms that manage complex or high-volume returns.

Abel Hall LLC now owns 510 shares of the software maker’s stock worth https://sikh.id/bank-requirements-understanding-the-concept-of/ $338,000 after buying an additional 63 shares during the period. Guggenheim Capital LLC now owns 69,884 shares of the software maker’s stock valued at $46,293,000 after buying an additional 895 shares during the period. In the last three months, insiders sold 388,464 shares of company stock valued at $255,514,393.

In related news, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction dated Monday, January 5th. On average, equities research analysts expect that Intuit will post 14.09 EPS https://tomomedical.org/index.php/2022/04/07/understanding-double-declining-balance/ for the current fiscal year. The firm had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.76 billion. The software maker reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25.

This tax ID number is also known as an Employee Identification Number or EIN. You need to have a tax ID number for business if you employ workers, withhold taxes, or operate as a corporation or partnership. If this is the case, your nanny is the child care provider and you need to use her SSN as the tax identification number. It sounds like you are trying to complete the child/dependent care credit section and using your EIN as a tax identification number for the provider. ALL of your W-2’s must be entered on the SAME tax return.

The Lacerte subsidiary focuses on tax software used by professional accountants who prepare taxes for a living. In 1994, the firm acquired the tax preparation software division of Best Programs of Reston, VA. Intuit Canada has since announced that for the 2010 tax year, they will discontinue use of the name QuickTax and replace it with the name TurboTax – thus bringing the product in line with Intuit’s American tax-filing software. Changes made by the Canada Revenue Agency forced Intuit and other tax preparing software companies to limit the number of returns available from their software to 20. In 1993, they agreed to be acquired by Chipsoft, manufacturer of the U.S. personal income tax software TurboTax.

TurboTax is the best

Joseph Bankman, professor of tax law, Stanford Law School, and advocate of simplified filing, believes that the campaign warned politicians that if they supported free filing, Intuit would help their opponents. In 2009, the Los Angeles Times reported that Intuit spent nearly $2 million in political contributions to eliminate free online state tax filing for low-income residents in California. Intuit has lobbied extensively against the IRS providing taxpayers with free pre-filled forms, as is the norm in developed countries. In August 2013, Intuit Inc. acquired tax planning software Good April for an undisclosed amount. In December 2007, it acquired Electronic Clearing House to add check processing power.In December 2007, it acquired Homestead Technologies which offers web site creation and e-commerce tools targeted at the small business market, for $170 million.

It is used by accounting firms that prefer cloud-based tax preparation workflows. It includes tools such as Intuit Link for client document collection, built-in e-signature capabilities, and integration with Intuit Tax Advisor for generating tax planning strategies. The software integrates intuit ein with QuickBooks Online Accountant to streamline bookkeeping-to-tax workflows.

While Intuit’s Feb. 11 introduction of an AI-powered Construction Edition for its Enterprise Suite targets the substantial $2 trillion construction market, investors are viewing this as a long-term growth opportunity rather than an immediate earnings catalyst. With shares trading near 12-month lows, market participants appear increasingly focused on downside risks and valuation concerns rather than forward-looking targets that remain subject to rapid revision in volatile conditions. The stock’s performance also lagged its large-cap software peers, with INTU’s sharp decline contrasting with the more resilient trading in Oracle (ORCL), Palantir (PLTR), and AppLovin Corporation (APP). The decline erased $18.30 per share in value, reinforcing selling pressure that has kept the stock under pressure on the NASDAQ. He says he received a letter in May 2024, purportedly from the IRS, that contained highly sensitive information, including his Social Security number and the exact amount he owed on taxes in 2023. Wall Street is still leaning bullish on Intuit, but the enthusiasm isn’t unanimous.