Guides
Reading a K-1 so that somebody else can check it
Three guides, each about a step that happens before a return is prepared: getting the paper read correctly, moving it through a season without losing it, and writing it down in a form a reviewer can use.
All guides
All guides
K-1 into CCH, UltraTax or Drake
What a professional package wants from a K-1, what actually differs between the three, and the boxes that get misread.
K-1 season workflow for firms
The four hand-offs a K-1 passes through, why batching by partnership catches errors, and where outsourcing fits.
The K-1 summary spreadsheet
Ten columns, a downloadable CSV, and the one column that makes a worksheet reviewable instead of decorative.
General information about reading and recording K-1 data. It is not tax advice, and it does not describe how any particular package should be configured.
Start from the paper, not a blank screen
K1 FastTax reads every box and code from a K-1 PDF and writes a CSV with the page each value came from.