Key fields for GoSystem and Express RS
Important key field information is needed to integrate K-1 Aggregator with Thomson Reuters products.
Investment type
K-1 investment type | 1040 | 1041 | 1120/1120S | 990/990-T/990-PF |
|---|---|---|---|---|
1065 | yes | yes | yes | N/A |
1041 | yes | yes | yes | N/A |
1120S | yes | yes | yes | N/A |
Field names by product
K-1 Analyzer field | Tax product field | Definition | Details | Navigation |
|---|---|---|---|---|
Account Number (Instance) | Account | 4 character alphanumeric | n/a | Returns, then Account column |
Return ID (instance) | Return | 6 character alphanumeric | locator, binder, and return are used interchangeably | Returns, then Return column |
Tax Year (instance) | Year | n/a | n/a | Returns, then Year column |
Entity type (instance) | Entity type (column option) | Pre-defined list of type of return filed | US Partnership, Trust, Individual | Returns, then Entity type column |
Tax form type (instance) | Tax type | Return filed form type | 1041, 1065, 1120S | Returns, then Tax Type column |
State of residence | 1040: add states/cities
1041: add/delete states | Available only if tax form type = 1040 or 1041 | Resident state | 1040: Organizer, States, Add states/cities
1041: Organizer, States, Add states/cities |
Ownership (Investment) | Taxpayer, Spouse, Joint (TSJ) | 1040 only. Field name may be different across screens | Income, Schedule K-1, K-1 Name, Schedule K-1 Information | |
Entity Type (Investment) | Schedule K-1 type | Pre-defined list of entity types to identify how the investment is treated for US tax purposes | n/a | 1040: Organizer, Income, K-1 Income, K-1 Name, K-1 information |
Activity Number (Investment) | Activity number (system generated) | Up to 10 digit number | path may be different across entity types/screens | Organizer, Income, Schedule K-1, K-1 Name, Schedule K-1 information |
EIN (Investment) | Federal EIN | 9 character alphanumeric | n/a | 1040: Organizer, Income, K-1 Income, K-1 Name, K-1 information |
Activity Name (Activity) | K-1 Name | 40-55 character alphanumeric (depending on tax type, 1040 is 55 characters, 1120, 1065, and 1041 are 40 characters) | field name and path may be different across entity types/screens | Organizer, Income, Schedule K-1, K-1 Name, Schedule K-1 information, Schedule K-1 Name field |
Related Content
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About the K-1 Aggregator on the ONESOURCE platform
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