Pull payer details, amounts, and TINs from every 1099 variant—NEC, MISC, INT, DIV, K—into structured spreadsheets without manual data entry.
Upload any document — PDF, scan, or photo — and get structured data back immediately. No setup, no templates, no waiting.
Audited controls over a sustained period, not a point-in-time check.
Bank-grade encryption at rest and TLS 1.2+ in transit.
Documents deleted within 24 hours. No copies retained.
Drop 1099-NEC, 1099-MISC, 1099-INT, 1099-DIV, or any other 1099 variant—PDF scans, digital copies, or photographed forms.
The AI reads payer and recipient information, taxpayer identification numbers, and income amounts from every 1099 variant automatically.
Download extracted 1099 data as a spreadsheet or push it via API to your tax filing or accounts payable workflow.
“We receive over 800 different 1099 forms each January from various financial institutions. Automated extraction turned a two-week manual process into a same-day operation.”
“The batch processing changed our workflow completely. We upload everything at once and get a single consolidated spreadsheet with all payer data mapped correctly.”
“Handling 1099-K forms from payment processors was always inconsistent. The AI reads Square, Stripe, and PayPal formats without any setup on our end.”
Last updated: June 2026
Businesses, investment firms, and accounting practices collect 1099 forms across dozens of variants. A single company might receive 1099-NEC forms from contractors, 1099-INT from banks, 1099-DIV from brokerages, and 1099-K from payment processors—each formatted differently with distinct field placements. 1099 extraction automates the conversion of all these variants into structured data for tax filing and reconciliation.
The central difficulty with 1099 extraction is variant diversity. The IRS publishes over twenty 1099 form types, and each payer institution applies its own formatting to the same underlying form. A 1099-INT from one bank looks different from a 1099-INT from another. Template-based extraction tools demand a separate configuration for each payer layout, which becomes impractical when processing forms from hundreds of financial institutions.
AI-powered 1099 extraction removes the template maintenance burden entirely. The extraction engine reads each form contextually, locating payer name, recipient TIN, income amounts, and withholding figures by their semantic meaning rather than fixed coordinates. Lido handles every 1099 variant on the first upload without setup, and batch processing enables firms to extract data from hundreds of forms in minutes instead of days.
For firms evaluating 1099 extraction solutions, essential criteria include coverage of all 1099 variants, accuracy on institution-specific layouts, batch processing capability, and compatibility with tax preparation or accounting software. Lido delivers all of these with SOC 2 Type 2 compliance and a REST API that returns structured JSON with confidence scores on every extracted field.
1099 extraction is the automated process of reading IRS 1099 forms and converting them into structured data. Lido supports all standard variants including 1099-NEC, 1099-MISC, 1099-INT, 1099-DIV, 1099-K, 1099-R, 1099-B, and 1099-S, handling each variant without separate configuration.
AI-powered extraction reads each 1099 form contextually, identifying fields by meaning rather than position. This means a 1099-INT from Bank of America and a 1099-INT from Chase are both processed correctly without payer-specific templates.
Yes. Lido supports batch uploads of any size. You can drag and drop hundreds of 1099 PDFs or set up email auto-forwarding to process forms as they arrive. All results are consolidated into a single structured output.
AI-based 1099 extraction typically achieves 95 to 99 percent accuracy on standard forms. Confidence scoring identifies uncertain fields for human review, which is particularly useful for forms with handwritten corrections or low-resolution scans.
Extracted data can be exported to Excel, Google Sheets, CSV, or JSON. The REST API returns structured JSON with field-level confidence scores for integration with accounting and tax preparation systems.
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Built on Lido’s OCR engine
Built on Lido’s OCR engine
Built on Lido’s OCR engine
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