document-understanding
2024.10
false
Document Understanding User Guide
Automation CloudAutomation Cloud Public SectorAutomation SuiteStandalone
Last updated Nov 11, 2024

1040 Schedule E - ML package

Overview

IRS Form 1040 Schedule E is used to report rental and partnership income. It's part of the individual tax return and involves detailing income sources, such as rentals or partnerships, along with allowable deductions to calculate the net income or loss for tax purposes.

This Document UnderstandingTM skill is extracting 15 fields and 4 columns containing key data points of the Schedule E.

Particularities

The skill is trained to automatically detect data such as:

  • Income Amount/Exenses Type, Amount for Property A, B, C;
  • Name, SSN;
  • Property Address, Type of Property, Rental Days.
Note: For the complete list of extracted fields, check the Out-of-the-box Models Details file.

Samples

You can download the a sample filled-in form from here.

You can also preview the sample of a filled-in form:



  • Overview
  • Particularities
  • Samples

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