K-1 Reader State Extraction Capabilities

Overview:

We support State K-1s for 42 states for allocated income to the partner.

Extraction from substitute forms is not as robust as it is for actual 1065/1120S/1041 State K-1s.

Supported State K-1s

State	Fully Mapped?	State	Fully Mapped?
CA_565	Y	NC_D403K1	N
NJ_K1	Y	MN_KPC	Y
NY_IT204IP	Y	DE_300	N
PA_NRK1	Y	CA_568	Y
NY_IT204CP	Y	WV_K1	N
MA_3K1	Y	ID_K1	N
IL_K1P	Y	IA_1065	N
IN_IT20S	Y	NE_K1N	N
PA_RK1	Y	MT_K1	N
WI_3K1	Y	OR_K1	Y
AZ_165NR	Y	ND_K1	N
CT_K1	N	HI_N20	N
VA_502VK1	N	AR_K1	N
MO_NRP	N	VT_K1	N
MD_510	N	AK_6900	Y
AL_65	Y	RI_K1	N
MS_K1	N	MN_KPI	Y
SC_K1	N	WV_K1C	N
UT_K1	N	AZ_165	Y
OH_ITK1	N	AL_20S	N
KY_K1	N	VA_502SVK1	N

*Fully mapped means all fillable fields are extracted by K-1 Reader, if marked 'N', we only extract the federal part 3 line item state equivalents.

Circular 230 Disclosure

To ensure compliance with requirements imposed by the IRS, we inform you that any tax advice contained in this software (including any reports or downloads) is not intended or written to be used and cannot be used for the purposes of (i) avoiding penalties under the Internal Revenue Code or (ii) supporting, promoting, marketing or recommending to another party any transaction or matter addressed herein. This software is for informational purposes only and should not be regarded as tax advice. Please consult your tax advisor or attorney for guidance on your individual tax situation.