Document type
Intelligent Tax Forms Processing
Process tax forms with superior accuracy, including income tax returns, W-2s, 1099s, and other tax-related documents.
99.1%Accuracy
90%Time Saved
24/7Processing
Processing Steps
How to Process tax-forms
Follow these simple steps to extract data from your tax-forms
1
Upload Tax Document
Securely upload your tax forms through our encrypted platform
2
Form Identification
Our AI automatically identifies the form type and version
3
Data Extraction
Extract all tax-related fields with 99.1% accuracy
4
Validation & Verification
Verify extracted data against IRS rules and mathematical checks
Extracted Data
Tax Forms Fields
ParseIQ automatically extracts and validates these fields from your documents
| Field Name | Type | Required | Description | Example |
|---|---|---|---|---|
| formType | string | Yes | Type or number of the tax form (e.g., 1040, W-2, 1099) | N/A |
| taxYear | number | Yes | Tax year for which the form was filed | N/A |
| taxpayerName | string | Yes | Name of the taxpayer | N/A |
| taxpayerId | string | Yes | Social security number or taxpayer ID | N/A |
| filingStatus | string | No | Filing status (e.g., single, married filing jointly) | N/A |
| grossIncome | number | No | Total gross income reported | N/A |
| adjustedGrossIncome | number | No | Adjusted gross income after deductions | N/A |
| totalDeductions | number | No | Total deductions claimed | N/A |
| totalCredits | number | No | Total tax credits | N/A |
| taxWithheld | number | No | Total federal tax withheld | N/A |