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K1x Ideas
Status Will not implement
Categories K1 Aggregator
Created by Guest
Created on Mar 29, 2024

Adding Total Ordinary & Capital Gain/Loss to a report

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

Could you please add 2 additional columns to a report (ideally the import template) to show total ordinary income and capital gain/(loss) for each investment?

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.

We need the info to characterize the taxable income. Right now we need to do it manually by adding K-1 line 1 - 7, 11 - 12 for ordinary income, and line 8 - 10 for capital g/l.

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 the users could benefit from this.

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.

Could K-1 Analyzer automatically total K-1 lines 1 - 7, line 11 (except line 11S) for ordinary income, and total line 8, 9, and 10 for capital g/l.


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