Electronic distribution consists of making annual tax document data available in computer-readable form through one or more of the below channels.
Application Program Interface (API)
Your company sponsors (or engages another company to sponsor) a server that interfaces with tax software. The tax software retrieves tax document data on behalf of a taxpayer from the server and imports the data into the tax return of the taxpayer. There are two available interfaces.
FDX REST API
Returns data in FDX JSON format. Uses FDX security approach.
Returns data in OFX XML format. Uses OFX security concepts.
In addition to providing download of annual tax documents in human-readable form (PDF), allow download of the tax document data in a form that tax software can consume.