Skip to main content
Level 2
February 26, 2024
Discussion ongoing

Partnership Print Order for K-1s and Basis Statements

Related products:ProSeries
  • February 26, 2024
  • 3 replies
  • 10 views

When printing a partnership return, Proseries currently prints all the K-1s together, and then prints all the Basis Statements together.  Like this: K-1 Partner #1, K-1 Partner #2, K-1 Partner #3, etc, followed by Basis Statement Partner #1, Basis Statement Partner #2, Basis Statement Partner #3, etc.  This causes a lot of manual collating before sending the K-1s and Basis Statements out to the clients.

(Okay, for 3 partners its not a lot of time, but I have a partnership with 200+ partners, and it takes a large number of hours to manually collate the K-1s and the Basis Statements together before sending them out to the partners).

Suggestion:  When printing a partnership return, give us the option to collate the K-1s and the Basis Statements.  Like this: K-1 Partner #1, Basis Statement Partner #1, K-1 Partner #2, Basis Statement Partner #2, K-1 Partner #3, Basis Statement Partner #3, etc.

This would make it so much easier to give each partner their K-1 and Basis Statement together, without doing a lot of manual collating.

Thanks!

3 replies

Level 7
March 2, 2024

Thanks for the idea to give the option to collate the K-1s and the Basis Statements.  . We are changing the status to "Open for voting".

Continue to vote and comment on enhancements by going to the Idea Exchange Home page and select "Status": Open for voting, "Sort by": Most Popular. >>  ProSeries Idea Exchange


If you have any questions on the life cycle of an idea, check out our Idea Exchange Getting Started Guide for more information.

Level 2
March 18, 2024

Please please please allow, when printing K-1s and cover letters, the basis statement to print after each K-1.  I have to print 100+ K-1s with cover letters, then separately print 100+ basis statements, and then merge each one into the K-1s to send to partners.  It is terrible process.

Level 2
July 18, 2024

Honestly, we have to vote on something this basic?  I think every other tax software has it.  But anyway, YES, I vote YES!