1040X AI Transcription
Description
This project is meant to improve IRS capabilities to extract information from images and pdfs.
Detailed example
The system takes in images, classifies them based on what IRS form they are, and then extracts requested information which is then stored in a table.
AI / analytics pattern
Computer Vision: AI that processes and interprets visual data (e.g., images and videos).
Automation level / stage
a) Pre-deployment – The use case is in a development or acquisition status.
Expected benefit
In the f1040x case, this tool will help clear a backlog of scanned, f1040x returns. Generally, the tools will improve the efficiency of various stakeholders within the IRS so that taxpayers receive better service.
Audit / financial statement impact
The output is not presumed to be high-impact and is not used as the principal basis for significant decisions/actions
Controls / human review
ATO: Not reported; PIA: Not published