Intuit Inc.
Method and technique to calculate and provide confidence score for predicted tax due/refund

Abstract:

A method and system provides a tax refund confidence indicator to a user of a tax return preparation system, according to one embodiment. The method and system include receiving user current tax related data from a user and receiving historical tax related data associated with previously prepared tax returns. The method and system further includes generating estimated tax refund data and confidence score data indicative of the reliability of the estimated tax refund data. The method and system include providing the estimated tax refund data and the confidence score data to the user.