Using the recent parity-based construction of a covariant basis for operators acting on the (j, 0) ⊕ (0, j) representation of the Homogeneous Lorentz Group, we propose a formalism for the description of high spin matter fields, based on the projection over subspaces of well-defined parity. We identify two possibilities for the projection (on-shell and off-shell projection) which in general yield equivalent free theories but different interacting theories. For all j except for j = 1/2, we find that the projection does not completely fix the properties of the interacting theory. This freedom is related to the fact that the covariant form of parity can be written in terms of one of the symmetric traceless tensors in the covariant basis and in general allows for a free magnetic dipole term in the lagrangian. We gauge the theory and construct the charge conjugation operator showing that it commutes with parity for bosons, and anticommute in the case of fermions as expected. In the case of bosons, the parity invariant subspaces are also invariant under charge conjugation and time reversal and the formulation of a quantum field theory can be done using only these subspaces. As a first exhaustive example we work out the electrodynamics for j = 1 matter bosons, rewrite the theory in terms of an antisymmetric tensor field and compare our results with existing formalisms in the literature, either in tensor or "spinor" language. We find that there are three essentially different formalisms: i) formalisms equivalent to the on-shell parity projection, ii) formalisms equivalent to the off-shell parity projection and iii) the Poincaré projector formalism which describes a degenerate parity doublet. In particular, the tensor formalism used in chiral perturbation theory with resonances (RχP T ) is the same as a theory proposed by Shay and Good in "spinor" language and corresponds to our theory based on the off-shell parity projection. Also, a theory proposed by Joos and Weinberg in"spinor" basis is the same as the "antisymmetric tensor matter field" formalism used by Chizhov (in the massless case) and corresponds to our on-shell parity projection.Naive power counting admits anomalous magnetic-dipole terms and self-interactions at tree level. We perform a chiral decomposition of these theories and show that chiral symmetry can be realized linearly only for the theory based on the on-shell projection. Chiral symmetry forbids mass and anomalous magnetic dipole terms and in general admits six self-interaction terms. We conclude that this is the appropriate framework to attempt the incorporation of spin 1 matter bosons in chiral theories like the standard model.