Français (Canada)US Tax Data
Welcome to FDX Tax API using QR codes
You’ve reached the landing page for https://financialdataexchange.org/us-tax/qr-codes/. If you have entered that from a QR code or another introduction to Financial Data Exchange, welcome! This page describes FDX’s support of US Tax Information Reporting Forms using QR codes.
FDX Standards for U.S. Tax Information Reporting
Secure and convenient exchange of U.S. taxpayer data
FDX defines standards-based exchange of taxpayer data on IRS Tax Information Reporting forms to simplify, streamline and reduce errors in the annual preparation of U.S. income tax returns.
- See Overview tab for a complete introduction
Using FDX Standards for Exchange of Taxpayer Data
Eliminates need for manual data entry
FDX Tax data standards can reduce the tedium and errors associated with manual data entry in the income tax return preparation experience.
Four different mechanisms
FDX defines four different mechanisms to support taxpayer collection and exchange of their tax data. The following tabs provide in-depth information:
- API – Tax software pulls in the data directly
- Embedded PDF – Read tax data from digital PDF files without OCR
- QR Codes – You are here! Scan tax data from codes on printed or digital tax forms
- FDX Download – Manual exchange of data in standard FDX-defined JSON files
Annual Tax Documents with QR Codes
The concept of adding QR codes to annual tax documents simplifies tax filing:
- Eliminate data entry errors in the income tax return preparation process
- Reduce time spent in tax preparation
For tax software companies, QR codes for tax data can provide:
- Reduce programming costs associated with Optical Character Recognition (OCR) technology
- Increase success rate of tax document scanning over OCR
- Provide a simple mechanism for tax document issuers and tax software to integrate without having to build full-fledged API connections
Two-dimensional bar codes, known as QR codes, store information as a series of pixels in a square-shaped grid that can be quickly retrieved using computer devices such as smart phones. Issuers of annual tax documents can encode document data as QR codes and tax software smart phone applications can retrieve that data for inclusion in income tax returns of individuals and businesses.
This diagram illustrates the workflow:
Looking for Tax Software companies which support QR codes?
For more information about tax software or tax accountants who may support your QR code, see TaxDataExchange.
A sample tax form QR Code with FDX banner:
But I’m a Tax Software company!
Companies looking to leverage tax form QR codes themselves, consider joining Financial Data Exchange as a member here.
Here are image files you can download and use to frame QR codes on the tax information reporting forms which you deliver to taxpayers.
Horizontal images
- PNG (.png image)
- Illustrator (.ai vector graphics)
- PDF (.pdf containing the image)
Vertical images
- PNG (.png image)
- Illustrator (.ai vector graphics)
- PDF (.pdf containing the image)
