Drake SmartExtract™
Turn client tax documents into return-ready data.
Make tax form entry faster and easier. Upload a PDF, confirm pulled data, and move on to review and filing – now available in beta for Drake Tax Online.
More time for clients. Less time on Data Entry
Save time during tax season.
Spend less time entering information from source documents and more time focusing on client service and return review.
Verify imported data before it populates in the return.
Extracted information can be reviewed and verified before being used in the return preparation process.
Seamlessly integrated into your existing Drake Tax Online workflow.
Drake SmartExtract is available in beta today using Drake Tax Online. Integration for Drake Tax Desktop coming soon.
Everyday tax forms — without the manual data entry.
Form W-2
Upload W-2s and review extracted wage and withholding information.
Forms 1099
Capture data from supported 1099 forms* and verify details before use.
*1099-INT, 1099-MISC, 1099-R, 1099-NEC, 1099-K, C1099 (DIV), C1099 (INT), C1099 (B)
Form 1098
Organize information from Form 1098 documents for faster review.
From client PDF to return-ready data in four steps.
Try Drake SmartExtract (beta) for free in Drake Tax Online.
Drake Tax Online users filing Tax Year 2025 returns can enroll in the Drake SmartExtract beta program and begin exploring the functionality at no additional cost during the beta period. Coming soon to Drake Tax Desktop.
Frequently Asked Questions
Drake SmartExtract uses AI to extract data from source documents, but all extracted information is presented for review and verification before use. This review step ensures accuracy remains in the preparer’s control.
SmartExtract is optimized for standard, machine-readable tax forms. Document quality — including resolution, formatting, and legibility — affects extraction accuracy. Best results come from clear, unaltered source documents.
Yes. SmartExtract operates within Drake Tax Online alongside connected tools including Drake Documents and Drake Portals, so you can stay within your existing workflow.
SmartExtract is an AI-powered tool that extracts information from supported tax source documents and organizes it for use during return preparation.
The beta program is intended for eligible Drake Tax Online users preparing Tax Year 2025 returns. Additional eligibility requirements may apply.
No. Eligible users can access the beta program at no cost during the beta period.
Initial support is expected to include common tax documents such as W-2s, 1099s, and Schedule K-1s. Final supported document lists will be provided at launch.
No. Users should review and verify extracted information before using it in the return preparation process.
No. SmartExtract is launching for Drake Tax Online users. Support for Drake Tax desktop is planned for a future release.
Beta participants will receive information about submitting feedback and sharing their experience with the product team.
No. Beta terms, eligibility requirements, usage limitations, and availability details remain subject to review before publication.