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K1x Ideas
Status Ready to Plan
Categories K1 Aggregator
Created by Guest
Created on Oct 31, 2023

Add various line items to the application and importability into the system

Describe your idea. The more information you provide, the clearer picture of your idea we will have.

Add the ability for users to import line 5 gov-interest into the system. currently this doesn't flow anywhere.

Add the additional 3 kinds of retirement plans under line 13R. Currently the system defaults to IRA. The user should be able to designate which type and flow it to the correct spot in the filing system.

Add line 13W 2% floor input. Currently users have to edit this manually in a system

How will this idea help you and potentially others? Understanding how things are done today, where the pain is, and how the idea is beneficial puts us in your shoes.

Currently, for 13w 2% floor, users are reclassing to non taxable or editing within the system which creates a lot of extra manual work. There should be an added field compatible with the filing system.

Users have to manually add 13R if it's a retirement plan other than IRA.

more of the same for line 5 gov interest. The check boxes in k1 analyzer don't affect where the data is imported into the filing system.

Who will benefit from this idea? Whether it's specific roles of users, users of a specific product, or certain departments/markets, this helps us know who to talk to when we need more information.

All preparers

How do you envision this idea being implemented at K1x? You're the expert and understanding how you see this working helps kickstart the idea.



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