- Overview
- Getting started
- Building models
- Consuming models
- Model Details
- Public endpoints
- 1040 - document type
- 1040 Schedule C - document type
- 1040 Schedule D - document type
- 1040 Schedule E - document type
- 1040x - document type
- 3949a - document type
- 4506T - document type
- 709 - document type
- 941x - document type
- 9465 - document type
- ACORD125 - document type
- ACORD126 - document type
- ACORD131 - document type
- ACORD140 - document type
- ACORD25 - document type
- Bank Statements - document type
- Bills Of Lading - document type
- Certificate of Incorporation - document type
- Certificate of Origin - document type
- Checks - document type
- Children Product Certificate - document type
- CMS 1500 - document type
- EU Declaration of Conformity - document type
- Financial Statements - document type
- FM1003 - document type
- I9 - document type
- ID Cards - document type
- Invoices - document type
- Invoices2 - document type
- Invoices Australia - document type
- Invoices China - document type
- Invoices Hebrew - document type
- Invoices India - document type
- Invoices Japan - document type
- Invoices Shipping - document type
- Packing Lists - document type
- Payslips - document type
- Passports - document type
- Purchase Orders - document type
- Receipts - document type
- Receipts2 - document type
- Receipts Japan - document type
- Remittance Advices - document type
- UB04 - document type
- US Mortgage Closing Disclosures - document type
- Utility Bills - document type
- Vehicle Titles - document type
- W2 - document type
- W9 - document type
- Supported languages
- Insights dashboards
- Document Understanding deployed in Automation Suite
- Logging
- Licensing and Charging Logic
- How to
- Troubleshooting
Document Understanding modern projects user guide
1040 Schedule C - document type
Overview
IRS Form 1040 Schedule C is a tax form used by self-employed individuals or sole proprietors to report their business income and expenses. It is part of the individual income tax return (Form 1040) and helps calculate the net profit or loss for the business. Schedule C requires information on business income, deductible business expenses, and other relevant details, providing a snapshot of the financial activity for sole proprietors when filing their annual income tax returns.
This Document UnderstandingTM skill is extracting 13 fields containing key data points of the 1040 Schedule C.
Particularities
The skill is trained to automatically detect data such as:
- Proprietor Name, SSN, Business Name, EID;
- Depletion Amount, Deprecation, Expense Deduction;
- Deductible Meals, Wages, Net Profit-Loss.
Extracted fields
If you are using using public endpoints, such as https://du.uipath.com/ie/invoices, all fields are available. However, if you are using custom-trained extractors, the availability of extracted fields is dependant on the version you are currently using. You can also check the list of fields and types on any endpoint in the /info/model object. To access this, simply add /info/model to any endpoint, like so: https://du.uipath.com/ie/invoices/info/model. For an enhanced reading experience of the fields list, it's recommended to install a JSON viewer extension in your browser.
Table 1. List of extracted fields for 1040 Schedule C
| Display Name | Field Name | Field Type | Content Type |
|---|---|---|---|
| Taxpayer Name | proprietor-name | regular | string |
| Social Security Number | social-security-number | regular | id-no |
| Business Name | business-name | regular | string |
| Business Address | business-address | regular | string |
| Employer ID number | employer-id-number | regular | id-no |
| Miles Driven for Business | miles-driven-for-busines | regular | number |
| Miles Driven for Comuting | miles-driven-commuting | regular | string |
| Miles Driven for Other | miles-for-other | regular | string |
| Gross Profit | gross-profit | regular | number |
| Gross Income | gross-income | regular | number |
| Total Expenses | total-expenses | regular | number |
| Net Profit or (Loss) | net-profit-or-loss | regular | string |
| Cost of Goods Sold | cost-of-goods-sold | regular | number |
Samples
You can download the a sample filled-in form from here.
You can also preview the sample of a filled-in form:
