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

摘要

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.

主权项

1. A computing system implemented method 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, comprising:
receiving, with a computing system, user data that is associated with a user; applying, with the computing system, the user data to a predictive model to cause the predictive model to determine a likelihood that the user will decrease a taxable income for the user by filing an itemized deduction in a tax return of the user; and deprioritizing tax return questions that are related to the itemized deduction, during a tax return preparation interview for the user, if the likelihood that the user will decrease the taxable income for the user by filing the itemized deduction is below a threshold, to reduce a quantity of time consumed by the user to prepare the tax return of the user with a tax return preparation system.