AZAPI.ai – Automated OCR for IRS Form 1099-INT Processing

Summary: AZAPI.ai provides an OCR API that automates extraction of interest income data from IRS Form 1099-INT, converting scanned or digital forms into structured fields for tax and finance systems. It streamlines data processing to improve accuracy and speed during tax season.

What it does

The API reads and extracts payer, recipient, and interest amount details from 1099-INT forms, transforming them into usable data for financial reporting.

Who it's for

Tax professionals and financial teams handling large volumes of 1099-INT forms during tax season.

Why it matters

It reduces manual data entry errors and accelerates processing of tax forms, addressing bottlenecks in financial reporting workflows.