Extract Data from 1099-K Forms Automatically
Process 1099-K forms from payment settlement entities and third-party networks. Our AI extracts the gross amount of reportable transactions, card-not-present totals, merchant category code, transaction counts, and the full month-by-month breakdown that makes manual 1099-K entry so tedious.
What We Extract
- ✓Filer name, address, and TIN
- ✓Payee name, address, and TIN
- ✓Gross amount of payment transactions (Box 1a)
- ✓Card not present transactions (Box 1b)
- ✓Merchant category code (Box 2)
- ✓Number of payment transactions (Box 3)
- ✓Federal income tax withheld (Box 4)
- ✓Monthly gross amounts (Boxes 5a-5l)
- ✓State tax withheld (Boxes 6-8)
How It Works
Upload your 1099-K (PDF, PNG, or JPG)
AI extracts annual and monthly figures in ~10 seconds
Review the month-by-month breakdown with confidence scores
Export as JSON for reconciliation or tax filing
Who Uses This
- →Gig and marketplace sellers reconciling platform income
- →Tax preparers handling e-commerce and creator clients
- →Bookkeepers matching 1099-K totals to deposits
- →Accountants reconciling monthly gross against the general ledger
Works With
FAQ
Do you extract the monthly breakdown in boxes 5a-5l?
Yes. All twelve monthly gross amounts are extracted as separate fields, which is what makes 1099-K reconciliation practical to automate.
Does the 1099-K gross amount equal my taxable income?
No. Box 1a is gross transaction volume before refunds, fees, and chargebacks. We extract the reported figures accurately, but you still reconcile them against your own records — we are not a substitute for tax advice.
Can you handle 1099-Ks from multiple platforms?
Yes. Upload them together as a batch and each form is extracted separately.