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Send schedule K1 packages from UltraTax CS to Onvio Documents

You can send shareholder, partner, or beneficiary Schedule K1 packages to Onvio Documents.
To send the Schedule K1 package to Client Documents in Onvio:
  1. The recipient's 1040 return needs to exist in UltraTax CS for the same processing year.
  2. The recipient's 1040 return needs to have an SSN entered and it matches the SSN entered on the following returns:
    1. 1120S - SSNs entered in
      View
      , then
      Shareholder Information
      .
    2. 1065 - SSNs entered in
      View
      , then
      Shareholder Information
      .
    3. 1041 - SSNs entered on the
      Bene
      screen.

Setup in UltraTax CS

Before you can send Schedule K1 packages to Onvio Documents, verify the following in UltraTax CS.
  1. Select
    Setup
    , then the entity (1041, 1120, or 1065).
  2. Select
    Tax Return
    , then
    Preparer.
  3. Enter
    package
    in the search field and select
    Next
    .
  4. Find Shareholder package, Partner package, or Beneficiary package in the list and make sure it's set to print
    As required
    .
  5. Select
    OK
    twice.
  6. Select
    Setup
    , then
    Office Configuration
    .
  7. Select
    Onvio
    .
  8. Select
    Print K1 packages to Onvio Documents if the K1 recipient is also an UltraTax CS client
    .
  9. Verify the Integrated applications are set to Onvio Documents and Onvio Client Center.
  10. Select
    Done
    .

Sending to Onvio

To send a Schedule K1 package to Onvio Documents, complete the following steps.
  1. Open the 1120S, 1065, or 1041 client.
  2. Select
    File
    , then
    Print Returns
    .
  3. Select the
    Preparer
     copy, then
    Onvio Documents
    .
  4. If you only want to print the Schedule K1 packages and not the return:
    1. Select
      Options
      .
    2. On the
      Selected Returns
       screen, select
      Unmark All
      .
    3. Select
      Selected Packages
       and select Schedule K1 packages you want to send to Onvio Documents.
    4. Select
      OK
      .
  5. Select
    To Onvio
     or
    Print
    .
  6. If you have Onvio Link installed: starting with UltraTax CS 2020, a window will appear to verify the documents you're sending to Onvio and you'll have the option to rename the document name. This can help prevent overriding any documents you previously sent to Onvio. Once verified, select
    Send
    .
  7. Select
    OK
     to continue.
Once complete, the Schedule K1 package will be available in Onvio Center. In
Documents
Client Documents
the individual 1040 client's folder
Tax Return (from the year of UltraTax CS you sent it from)
Preparer Documents
If you sent the tax return with the K1 package (you skipped step 4), the tax return will appear in the same path, but in the business client's folder instead of the individual's.
If you want to share any of these documents with your client, you can create shared folders within Onvio so they can view them from Onvio Client Center.
note
If a taxpayer and spouse are both shareholders/partners/beneficiaries of the return you print, and they exist as a married filing joint return in UltraTax CS, their Schedule K1 packages will print as 1 document to Onvio.

This article applies to:

  • PRODUCT: Onvio
  • Audiences: Staff