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Level 1
April 13, 2021
Implemented

Schedule K-1 Package needed in Proseries

Related products:ProSeries
  • April 13, 2021
  • 13 replies
  • 20 views

Proseries Pro is severely missing the Schedule K-1 Package for Forms 1065, 1120S, 1041 that appears to be in Lacerte.

As of now, there is no way to organize / print / PDF the Schedule K-1s by recipient for those federal or state returns. There must also be an option for assigning a password for EACH schedule K-1, not just a global setting for only the complete tax return.

The program must be improved and must include a routine for putting together the following for printing and PDF and password protection - the recipient letter, the schedule K-1 pages 1 and 2, the QBI schedules, the list of codes, etc.

This topic has been closed for replies.

13 replies

Level 2
January 7, 2024

Any updates on this function for 2023?  I've downloaded 2023 and it appears not to be an option.  I acquired 21 new partnerships with varying amounts of partners.  Definitely will be looking elsewhere next year.  I thought this was standard......who knew?

July 26, 2024

Thank you for the votes and comments. This experience is being looked at and is Under review.
Related idea: Batch Print K-1's in a 1065 return 

January 29, 2025

Thank you for your patience. We are delighted to inform you that the Consolidated K1 Print functionality is now available for Tax Year 2024 (TY24).

With just a click, you can seamlessly print K1 forms for selected partners, including applicable federal and state returns. If you haven’t tried it yet, we highly encourage you to explore this new functionality. After experiencing Consolidated K1 Print, please share your thoughts—your feedback is incredibly valuable to us and helps shape future updates. You can provide your input by completing this brief survey [https://www.surveymonkey.com/r/2TT868K], which will take less than a minute.

Learn more about feature - https://accountants.intuit.com/support/en-us/help-article/schedule-k-1/new-proseries-tax-year-2024-proseries-k-1-package/L1Wf79jiH