How It Works
Upload Borrower's Tax Returns: Schedule E, Form 1065, and more.
Minute 1: Comprehend & Generate - AngelAi reads the documents and completes a CPA level analysis.
Minutes 2-6: Peace of Mind & Security - AngelAi conducts an extensive regression analysis and seals the results with the AngelAi Warranty.
Ready for Underwriting: Compliant, transparent, and audit-friendly results that help you move ahead confidently.
Unlock Faster Income Calculations
Just upload the documents and ask AngelAi to calculate income.
Get income calculations in minutes, no matter how complex the tax returns.
Fully compliant results backed by AngelAi Warranty.
Advanced OCR technology accurately extracts data and eliminates manual errors.
No more manual calculations. Handle more files with confidence, maintaining accuracy every time.
Round-the-clock assistance by AngelAi.
Real World Examples
Scenario 1
Schedule C, 10+ Years in Business, Single-Year Income
QuestionPlease calculate income for our borrower. He is having a 10 years old Schedule C business. I have attached a recent tax return. This will be a Conventional loan.
AngelAi Response
(Warranted and Deterministic)
Income calculation review completed.
Schedule C income: $4,469.75 (Average of 2024)
Scenario 2
1120-S, New Business, Liquidity Test Required
QuestionCan you calculate the income as per 2025 business returns? This is a Conventional loan and it is in operation for less than 5 years.
AngelAi Response
(Warranted and Deterministic)
1120-S Business — LLC: $18,666.67 Monthly income (Average of 2025)
Guideline note: Per agency guidelines, tax returns are required for 2 years.
Business tax returns along with Schedule K-1 are required for year 2024 to calculate final monthly income.
Scenario 3
Two Schedule C Businesses With Mixed Income Trends
QuestionCalculate self employment income for both the Schedule C businesses. This is required for Conventional loan, both the businesses are more than 5 years old.
AngelAi Response
(Warranted and Deterministic)
LLC (Schedule C):$3,948.67 Qualifying income (Average of 2024)
Personal Trainer (Schedule C): Income declined by 58.48% from 2023 to 2024. May not be used.
Underwriter review: Once full submission is received, income from Personal Trainer business will be reviewed with Management to confirm if it can be used for qualification.
Scenario 4
Schedule C and 1120-S With W-2, Mixed Outcome
QuestionBorrower runs two businesses. Please calculate the income from both the businesses. This will be a Conventional loan.
AngelAi Response
(Warranted and Deterministic)
Reinis Marriage and Family Therapy (1120-S): $6,928.75 Monthly income (Average of 2024)
Psychotherapy (Schedule C): Net income reported as $0.00 in 2024 tax return — income cannot be used.
Scenario 5
1120-S Business With Reported Losses, FHA Loan
QuestionCan you calculate income from 1120-S business for FHA loan as per the attached documents?
AngelAi Response
(Warranted and Deterministic)
-$825.25 Business reported a loss in 2024. Monthly loss (Average of 2024)
Scenario 6
1120-S, Established Business, Single-Year Income
QuestionCan you calculate and confirm if self employment income can be considered based on 1 year tax returns? This is required for Conventional loan.
AngelAi Response
(Warranted and Deterministic)
Inc (1120-S): $13,226.83 Monthly income (Average of 2025)
Scenario 7
Schedule C, FHA Loan, Second-Year Return Required
QuestionI have a borrower who is self employed. Tax returns are attached. Please calculate income for the FHA loan.
AngelAi Response
(Warranted and Deterministic)
Schedule C: $138.67 Monthly income (Average of 2024)
Guideline note: Per agency guidelines, two years of tax returns required — 2023 alongside 2024 — to calculate final monthly income.
Scenario 8
Schedule C, Two Years, Income Increase Flagged
QuestionBased on the attached 2 years of tax return please calculate and advise what will be the qualifying self employment income of the borrower for a conventional loan?
AngelAi Response
(Warranted and Deterministic)
Schedule C: $4,893.83 Monthly income (Average of 2024 & 2025)
Anomaly flagged: Significant increase in income from 2024 to 2025. Final income subject to review of full income documents by Expert Underwriter after loan submission.
Scenario 9
Schedule C, FHA, 2024 Return Only
QuestionCan you calculate the qualifying income for my borrower based on the attached 2024 tax return as per FHA loan program?
AngelAi Response
(Warranted and Deterministic)
Schedule C: $4,291.75 Monthly income (Average of 2025)
Guideline note: Per agency guidelines, two years of tax returns required — 2023 alongside 2024 — to calculate final monthly income.
Scenario 10
Self-Employed Driver, Established Schedule C
QuestionI have a borrower who is a Driver, please calculate and provide the final qualifying income based on the attached tax return.
AngelAi Response
(Warranted and Deterministic)
Schedule C: $1,310.67 Monthly income (Average of 2025)
Real Stories, Real Impact
Hear from brokers who have experienced firsthand the speed, accuracy, and efficiency of AngelAi.
Six years ago, we set out with a bold vision to automate income calculations and eliminate bottlenecks in the mortgage underwriting process. Today, Angel Income stands as a testament to that vision—transforming a traditionally manual and time-consuming task into a seamless, fully automated process.
With Angel Income, we've set a new standard for the industry, empowering users to deliver faster and more reliable credit decisions.
