Extract IRS Form 1099-NEC Extractor Data — Tax Season Ready
Tax preparation requires processing hundreds of documents per client. Manual data entry increases errors and delays filings.
Common Pain Points
- Data entry errors lead to amended returns
- Missed deductions cost clients money
- Filing delays trigger penalties
- Audit risk from inconsistent documentation
What This Template Does
AI-powered extraction using gemini-2.5-flash. Part of 113 production-ready templates.
Capabilities
- Tax Extraction
- 1099 Processing
- Contractor Reporting
- 1099
- 1099 Nec
Output Schema
{
"$schema": "http://json-schema.org/draft-07/schema#",
"title": "IRS Form 1099-NEC Extraction Schema",
"description": "JSON Schema for extracted IRS Form 1099-NEC (Nonemployee Compensation) data",
"type": "object",
"required": [
"document_type",
"tax_year",
"payer",
"recipient",
"compensation"
],
"properties": {
"document_type": {
"type": "string",
"const": "1099-nec",
"description": "Document type identifier"
},
"tax_year": {
...Quick Start
See It In Action
Real extraction example showing input document and structured output.
1099-NEC 2024
Nonemployee Compensation Copy B
For Recipient
PAYER'S name, street address, city, state, ZIP code:
INNOVATECH SOLUTIONS INC
2500 TECHNOLOGY PARKWAY, BUILDING A
SAN JOSE, CA 95134
PAYER'S TIN: 94-7654321
PAYER'S telephone number: (408) 555-9876
RECIPIENT'S TIN: 567-89-0123
RECIPIENT'S name, street address, city, state, ZIP code:
JENNIFER {
"document_type": "1099-nec",
"tax_year": "2024",
"form_copy": "B",
"corrected": false,
"void": false,
"payer": {
"name": "INNOVATECH SOLUTIONS INC",
"address": {
"street": "2500 TECHNOLOGY PARKWAY, BUILDING A",
"city": "SAN JOSE",
"state": "CA",
"zip": "95134"
},
"tin": "XX-XXX4321",
"phone": "(408) 555-9876"
},
"recipient": {
"name": "JENNIFER M CHEN",
"address": {
"street": "1892 WILLOW CREEK DRIVE",
"city": "SUNNYVALE",
"state": "CA",
"zip": "94086"
},
"tin": "XXX-XX-0123",
"tin_type": "SSN",
"account_number": "CONSULT-2024-3847"
},
"compensation": {
"box_1_nonemployee_compensation": "89500.00",
"box_2_payer_direct_sales": false,
"box_4_federal_tax_withheld": "0.00"
},
"state_info": [
{
"state": "CA",
"state_id": "94-7654321",
"state_income": "89500.00"
}
],
"derived_calculations": {
"subject_to_se_tax": true,
"estimated_se_tax": "12647.55",
"estimated_income_tax": "14915.00",
"quarterly_estimate": "6890.64"
},
"validation": {
"payer_tin_valid": true,
"recipient_tin_valid": true,
"threshold_met": true,
"year_valid": true
}
}Example demonstrating extraction of non-employee compensation from Form 1099-NEC. Captures independent contractor income, payments, and tax withholding for self-employment reporting.
Related Templates
IRS Form 1040 Extractor
Extract individual income tax return data from IRS Form 1040 and schedules. Captures filing status, income, deductions, credits, and tax liability.
IRS Form 1098 Extractor
Extract mortgage interest information from IRS Form 1098 (Mortgage Interest Statement). Captures deductible mortgage interest, points, and property tax payments.
IRS Form 1099-DIV Extractor
Extract dividend and capital gain distribution information from IRS Form 1099-DIV. Captures ordinary dividends, qualified dividends, capital gains, and nontaxable distributions.
Frequently Asked Questions
What documents can IRS Form 1099-NEC Extractor process?
The IRS Form 1099-NEC Extractor template processes tax documents including various formats and layouts. See the instructions for specific document types supported.
How accurate is the IRS Form 1099-NEC Extractor extraction?
The IRS Form 1099-NEC Extractor template uses Gemini 2.5 Flash for high-accuracy extraction. Results include confidence scores for each field.
Can I customize the IRS Form 1099-NEC Extractor template?
Yes, you can modify the extraction schema, add custom fields, or adjust the instructions to match your specific requirements.
Start Extracting Data Today
Process your first document in under 5 minutes. No credit card required.