TSB Statements + Enrolled Agents Workflow
As an enrolled agent, you regularly handle TSB bank statements. Enrolled Agents representing clients before the IRS need to review bank statements for tax return preparation, audit defense, and compliance verification.
BankScan AI: TSB to Excel for Enrolled Agents
BankScan AI converts TSB statements to Excel automatically — handling DD MMM YY and single column with Type indicators, payment/receipt amounts, and running balance. Batch-convert client bank statements to Excel for fast income verification, deduction substantiation, and IRS examination responses.
About TSB Statement Format
TSB statements are formatted similarly to Lloyds. BankScan AI recognises the layout and applies the correct parsing rules.
TSB Statement Quirks
TSB uses DD MMM YY with single column with Type indicators, payment/receipt amounts, and running balance. Common issues: TSB Spend & Save cashback rewards appear as credit entries without a clear merchant description, the fraud refund guarantee entries use a unique format, and statements from the 2018 IT migration period may have duplicate or missing transactions. BankScan AI handles all of these automatically.
How Enrolled Agents Handle TSB Statements
When working with TSB statements, enrolled agents need to Enrolled Agents review client bank statements to verify income reported on tax returns, identify unreported income during IRS examinations, substantiate deductions claimed, and prepare documentation f
Key terms you'll encounter: IRS examination, correspondence audit, bank deposit analysis, Circular 230, power of attorney.
How It Works
Upload TSB statement
Drag and drop your TSB PDF. Supports PDF. Our AI handles DD MMM YY automatically.
AI parses the statement
Our AI understands TSB's single column with Type indicators, payment/receipt amounts, and running balance and extracts every transaction with 99%+ accuracy.
Use in your enrolled agents workflow
Download Excel ready for Drake Tax, Lacerte or direct analysis.
TSB + Enrolled Agents Features
- Spend & Save — account cashback entries appear as monthly credit transactions
- TSB Fraud Refund — Guarantee reversal entries have a distinctive format
- Built for Enrolled Agents — Saves 1-2 hours per IRS examination response on bank statement analysis, plus 20-30 minutes per tax return during filing season on income verification
- Software compatible — Output works directly with Drake Tax, Lacerte, ProConnect Tax
Convert TSB Statements — Built for Enrolled Agents
Handles DD MMM YY dates, single column with Type indicators, payment/receipt amounts, and running balance, and PDF formats automatically.
Convert TSB Statements Free