Abound supports both W-2 and 1099 income types when determining a user's tax liability.

Below are the Income object's fields and descriptions:

Field

Description

incomeId

The unique id generated by Abound API. Store this value in your database.

incomeType

The type of income earned:
1099, w2, or personal

documentType

(Optional) The type of document used when filling out this income: 1099int,1099k,1099misc,1099nec,ssa1099

amount

The amount of income earned.

description

The description of income earned.

date

The date at which this income was earned.

category

The category of income earned.

notes

The notes associated with this income.

foreignId

(Optional) The customer-specific unique identifier associated with this income.

predictions

When incomeType is not included, the Abound API will return predictions fo incomeType. Prediction percentages can be found in: predictions.incomeTypePredictionScores