Patent ID: 8548883

Claim:
A computerized method for issuing a loan to a taxpayer, comprising: (a) receiving at a first computer personal tax data from said taxpayer; (b) accessing at said first computer a database to locate in said database prior year tax refund data; (c) calculating at said first computer an approximate tax refund said taxpayer will be entitled to receive according to said personal tax data wherein said approximate tax refund is calculated prior to estimating a tax refund for said taxpayer based on completed tax return forms for said taxpayer; (d) receiving at said first computer a loan amount for said taxpayer calculated according to: (i) said prior tax year refund data; and (ii) said approximate tax refund; and (e) receiving at said first computer data related to a loan issued to said taxpayer in said loan amount wherein said loan is issued to said taxpayer prior to calculating an estimate tax refund for said taxpayer based on completed tax return forms for said taxpayer.