Blog

January 8, 2021

Financial Data Exchange (FDX) Tax Ecosystem Participation

The Financial Data Exchange (FDX) organization has put in place a new, single standard data structure for exporting and importing almost all U.S. tax accounting data. See this press release. This new standard replaces the older standards of OFX and TXF with new data structures. It also removes the need for proprietary CSV files. The standard uses JavaScript Object Notation (JSON) data serialization technology.

There are three ways FDX Tax JSON can be delivered: (1) Application Program Interface, (2) File Export, and (3) QR Code. Whichever way you choose, the first step is to transform your tax form data into the FDX Tax JSON data structure.

We can help you jump start the development of FDX JSON with the Software Development Kit (SDK) shown below. Click the button shown below for more information.

FDX Tax Data Object Creation SDK

Sample code to create and populate FDX tax form objects and serialize to JSON

Java code including:

  • Tax form data models for 51 tax forms
  • Sample code to populate all 51 forms with data
  • JSON serialization code
  • Updates for any changes to tax year 2021 specifications

This SDK will jump start your development of downloadable FDX JSON files and save you over 160 hours of research and development.

Available from Bitbucket source code repository or zip file download.

Request SDK or More Information

QR Code Generation SDK

Add QR codes to your tax documents

Java code including:

  • Tax form data models for 51 tax forms
  • Code to convert tax form data to JSON
  • Code to convert JSON to QR image (.png)

Generating JSON and QR codes is not rocket science. But this SDK can save you hours of research and development if you are not already familiar with the creation of QR codes.

Available from Bitbucket source code repository or zip file download.

Request SDK or More Information