Patent · US Active

Method and system for identifying users who benefit from filing itemized deductions to reduce an average time consumed for users preparing tax returns with a tax return preparation system

US10204382B2 · kind B2 · utility

19Cited by
16References
26Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMay 29, 2015
Grant dateFeb 12, 2019
Priority date
Expiry dateApr 4, 2036

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06N20/00
  • WIPO fieldComputer technology
  • WIPO sectorElectrical engineering

Abstract

A method and system identifies users who benefit from filing itemized deductions over standardized deductions to reduce an average time consumed for users preparing tax returns with a tax return preparation system, according to one embodiment. The method and system receives user data that is associated with a user, and applies the user data to a predictive model to cause the predictive model to determine a likelihood that the user will decrease his/her taxable income by filing an itemized deduction, according to one embodiment. The method and system deemphasizes and/or postpones the presentation of tax return questions that are related to the itemized deduction, if the likelihood that the user will decrease his/her taxable income by filing the itemized deduction is below a threshold, to reduce a quantity of time consumed by the user to prepare his/her tax return with a tax return preparation system, according to one embodiment.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.