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Send a K-1 package from UltraTax CS to Onvio Client Center

Follow these steps to send a client’s K-1 package to Onvio Client Center from UltraTax CS and share it with shareholders, partners, and/or beneficiaries.
We only recommend the following process if the shareholder, partner, or beneficiary is not a 1040 client in UltraTax CS. If they are one of your clients, we recommend sending the K1 packages to Onvio Documents and sharing it to Onvio Client Center.

Print and transmit the client copy of the return in UltraTax CS

  1. With the client's return open in UltraTax CS, select
    File
    , then
    Print Returns
    .
  2. Send the client copy of the return to the Onvio Client Center by selecting
    Client copy
    , then
    Electronic delivery
     and select
    Web
    .
  3. Select
    Assemble
    .
  4. After the tax returns are assembled, you need to transmit them using CS Connect. Select
    CS Connect
     on the UltraTax CS toolbar.
  5. In the Options screen, go to
    Web Delivery: Transmit returns
     and select
    Yes
    .
  6. Select the Web Delivery screen. Use this screen to select the clients to whom you want to transmit tax returns.
  7. Connect
    to transmit the tax returns.

Create shareholder relationships in Onvio

This is a 1-time set up only. If you've already completed this setup, you can skip to the next section.
  1. In Onvio, select Setup, then Clients.
  2. Select
    Edit
    next to the business client ID.
  3. Select the Relationships screen, then
    Add
     and select
    Shareholder
    or
    Partner
    as the relationship.
  4. Enter the Shareholder or Partners information.
    note
    If data sharing is enabled, you can select Select
    Existing Contact
     to populate this information from an existing Contact.
  5. Select
    Save
    .
  6. Select the
    Client Center Access
     screen.
  7. Select
    Client Center Access for the Shareholder or Partnership
     and
    Save
    .
  8. Repeat the previous steps for each shareholder.

Set up folders and select documents

  1. Select
    Documents
    , then
    Client Documents
    .
  2. Select the Client ID of the business client.
  3. Select
    Add
    and add a new folder named K-1 Packages. You don't need to select a template.
  4. In the K-1 Packages folder, create subfolders for each shareholder’s K-1 package.
  5. Go to the
    Tax Return
    , then
    Client Documents
     for the selected client.
  6. Select
    Shareholders's K-1 package
    , then
    Manage
    , then
    Copy
    .
  7. Select the
    Client Documents
     < icon, then the
    Tax Return
     folder.
  8. Double-click
    K-1 Packages
    , then the shareholder folder you created, and select
    Copy
    .
  9. Repeat steps 5 - 7 for each shareholder with whom you want to share the K-1 package.

Share the K-1 package

Follow these steps for each shareholder with whom you want to share a K-1 package.
  1. Go to
    K-1 Packages
    , then select the shareholder's folder.
  2. Select
    Manage
    , then
    Share Folder
    .
  3. Select a role for the shareholder and select
    Share
    .

This article applies to:

  • Product: Onvio
  • Audiences: Staff

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