Skip to Main Content
K1x Ideas
Status Ready to Plan
Categories K1 Aggregator
Created by Guest
Created on Mar 21, 2023

K1-Reader - Enable K1R to read Box G so it can distinguish between otherwise identical K-1s

Currently, K-1 Reader IDs the form received as a duplicate when the following fields are identical:

  1. Partnership name

  2. EIN

  3. Partner EIN

Requesting that K1R be able, in a partnership, to have the same info in the 3 fields listed above in two different K-1s, but box G would be different -- e.g. a general partner and a limited partner at the same time -- so two separate K-1s would be recognized and uploaded and they would receive two K-1s.

There is a workaround, which is to enter the "duplicate" forms manually, but clients find this inconvenient and time-consuming. They would like K1R to be able to read Box G and, by doing so, to be able to distinguish between otherwise identical K-1 forms.

  • Attach files
  • Guest
    May 23, 2023

    K1X is currently working to improve the usability and design of our K-1 products. Once that work is complete, we will be reviewing ideas such as this one to implement in that new experience.