Covered K-1 supplemental pages

Schedule K-1 supplemental pages appear in many different variations. SurePrep's OCR captures certain variations of Schedule K-1 supplemental pages.
Example:
If the K-1 supplemental variant is covered, the supplemental page data will appear on Review Wizard (Verification) and SPbinder. However, even on a covered K-1 supplemental page, not all line items are captured. For example, on a covered supplemental K-1 page, SurePrep may only capture BOX 11, CODE I (with single code only), and BOX13 (with multiple codes). Additionally, OCR can also capture Qualified business income for variation covered on a Schedule K-1 supplemental page.
The following have supported K-1 page variations:
  1. Form 1041
  2. Form 1065
  3. Form 1120S
  4. QBI (Qualified Business Income)

Form 1041 - Supplemental K-1 pages

Form 1065 - Supplemental K-1 pages

Covered: Box 11, CODE I (with single code only) and Line13, CODE H (with multiple codes).
Type 11

Form 1120S - Supplemental K-1 pages

Box 8c
Box 16, Code C
Box 17, Code V
Type 3
Box 12 & 16

QBI (Qualified Business Income)

The following QBI (Qualified Business Income) is captured by OCR on Schedule K-1 supplemental pages:
Box 20, Code Z

Related Content

Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close