Spending Account Systems and Methods
OwnerSarah Harrison, Jason Jagatic +2inventors
InventorsSarah Harrison, Jason Jagatic, Dana Klaboe, Leigh Malnati
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Abstract
A computer-implemented method and system to facilitate a purchase utilizing a tax-advantaged account. A request to charge the tax-advantaged account for an item is received at a host computer. A determination is made whether the item qualifies for pre-tax treatment. If the item qualifies for pre-tax treatment then at least partial payment authorization for the item is determined, and the tax-advantaged account is debited for at least a portion of the purchasing amount of the item based on the payment authorization. If the item does not qualify for pre-tax treatment, then a non-tax advantaged account is debited for an item not qualifying for pre-tax treatment.
Claims2
A computer-implemented method to facilitate a purchase utilizing a tax-advantaged account, comprising the steps of:
- a) receiving, at a host computer, a request to charge the tax-advantaged account for an item;
- b) determining whether said item qualifies for pre-tax treatment;
- c) if said item qualifies for pre-tax treatment then
- (i) determining at least partial payment authorization for said item, and
- (ii) causing the tax-advantaged account to be debited for at least a portion of the purchasing amount of said item based on said payment authorization;
- and
- d) if said item does not qualify for pre-tax treatment, then debiting a non-tax advantaged account for an item not qualifying for pre-tax treatment.
Dependencies are inferred from the claim text.