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W2 - ML package
Document Understanding Modern Projects User Guide
Last updated Dec 12, 2024
W2 - ML package
Form W-2 (or, Wage and Tax Statement) is an Internal Revenue Service (IRS) tax form used in the United States to report wages paid to employees and the taxes withheld from them.
This model is trained to extract up to 23 fields of relevant data on W-2 that can be either used as a base for future training or adjusted to meet business process requirements.
The model automatically detects data such as:
- Employer Name, Address, FED ID, SSA Number, Social Security Wages, Federal Income Tax Withheld, Medicare Wages and Tips, Dependent Care Benefits.
Note: For the complete list of extracted fields, check the Out-of-the-box Models Details file.