Truist Statements + Tax Preparers Workflow
As tax preparer, you regularly handle Truist bank statements. Tax preparers during filing season need to process hundreds of client bank statements to verify income, identify deductions, and prepare accurate returns.
BankScan AI: Truist to Excel for Tax Preparers
BankScan AI converts Truist statements to Excel automatically — handling MM/DD and sectioned layout with Deposits and Credits, Checks Paid, and Other Withdrawals in separate sections with running daily balance. Convert client bank statements to organized Excel spreadsheets in seconds — verify W-2 income, find deductible expenses, and prepare returns faster during tax season.
About Truist Statement Format
Truist statements combine the legacy BB&T and SunTrust formats. BankScan AI recognizes both heritage layouts and extracts transactions accurately.
Truist Statement Quirks
Truist uses MM/DD with sectioned layout with Deposits and Credits, Checks Paid, and Other Withdrawals in separate sections with running daily balance. Common issues: Legacy BB&T and SunTrust statement formats still appear for customers who have not yet been fully migrated, the merger created accounts with different numbering schemes, and Truist One checking reward entries use a unique format. BankScan AI handles all of these automatically.
How Tax Preparers Handle Truist Statements
When working with Truist statements, tax preparers need to Tax preparers collect bank statements alongside W-2s, 1099s, and expense receipts during client intake. They review statements to verify reported income, identify deductible expenses like business cos
Key terms you'll encounter: W-2 matching, 1099 reconciliation, Schedule C, itemized deductions, estimated tax payments.
How It Works
Upload Truist statement
Drag and drop your Truist PDF. Supports PDF. Our AI handles MM/DD automatically.
AI parses the statement
Our AI understands Truist's sectioned layout with Deposits and Credits, Checks Paid, and Other Withdrawals in separate sections with running daily balance and extracts every transaction with 99%+ accuracy.
Use in your tax preparers workflow
Download Excel ready for TurboTax Pro, Drake Tax or direct analysis.
Truist + Tax Preparers Features
- Legacy BB&T and — SunTrust formatting may still appear depending on account migration status
- Truist One checking — tier benefits are summarised in the statement header
- Built for Tax Preparers — Saves 15-20 minutes per return on income verification and expense identification, adding up to 8-12 hours per week during peak tax season
- Software compatible — Output works directly with TurboTax Pro, Drake Tax, TaxSlayer Pro
Convert Truist Statements — Built for Tax Preparers
Handles MM/DD dates, sectioned layout with Deposits and Credits, Checks Paid, and Other Withdrawals in separate sections with running daily balance, and PDF formats automatically.
Convert Truist Statements Free