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Exclude K-1 Packages When Sending 1120S and 1065 Returns to NetClient CS

When transmitting 1120S and 1065 returns to NetClient CS portals, UltraTax CS also sends the K-1 package to the portal ONLY IF the partner or shareholder is also a 1040 client (or other entity) with the same SSN/EIN in the current year of UltraTax CS.
If the 1040 client doesn’t have a NetClient CS portal, then a portal is automatically created when the K-1 package is transmitted.
You may choose to exclude all or selected K-1 packages from sending to the portal, which also prevents the automatic creation of a NetClient CS portal.

Per Client Setting

To exclude the K-1 package from sending to the portal for a partner or shareholder on a per client basis:
  1. Select
    File
    , then
    Print Returns
    .
  2. To send the return to the portal, mark the
    Client copy
     and
    Electronic Delivery
     checkboxes and select the
    Web
     radio button.
  3. Select
    Options
    .
  4. Select the
    Selected Packages
     tab.
  5. Unmark the checkbox for the partners or shareholders you don't want to send the K-1 package to the portal.
  6. Select
    OK
    .
  7. Select
    Print
     or
    Assemble
    .
  8. Transmit the return to NetClient CS via CS Connect.

Global Setting

You may also exclude the K-1 package from sending to the portal for a partner or shareholder for
all clients
 by removing the partner or shareholder package from printing with the client collations. For 1065 clients:
  1. Select
    Setup
    ,
    1065 Partnership
    ,
    Collation
    ,
    Tax Return
    , then
    Client
     tab.
  2. Find Partner Package in the list and set the print condition to
    Never
    .
  3. Select
    OK
    .
For 1120S clients:
  1. Select
    Setup
    ,
    1120 Corporation
    ,
    Collation
    ,
    Tax Return
    , then
    Client
     tab.
  2. Find Shareholder Package in the list and set the print condition to
    Never
    .
  3. Select
    OK
    .
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