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How to Run Rollover to a New Tax Year Instance (Checklist + Validation Steps)

Step-by-step rollover workflow and validation checklist for setting up a new tax-year Instance.

Summary

This article provides a step-by-step workflow for running rollover from a prior-year Instance into a new tax-year Instance and validating that rollover completed successfully.

Start here for rollover expectations:
For the authoritative list of what should carry forward (and what never does), including optional rollover items and Group Management implications, see K1 Aggregator Rollover: What Carries Forward, What Doesn’t, and How to Configure It.


When to use this article

Use this guide when you need to:

  • run rollover into a new tax-year Instance (single instance or bulk rollover),

  • confirm that rollover completed successfully,

  • validate that expected settings and investment reference data carried forward,

  • complete post-rollover access steps (including Group Management, if enabled).


Before you run rollover (required checklist)

Complete these steps in the prior-year Instance before rollover is initiated:

Confirm optional rollover items are configured (if your workflow requires them)
Examples include: Return ID, investment comments/notes, final K-1 flags, estimate fields.
See: K1 Aggregator Rollover Settings (Optional Items + Where to Configure Them).

Confirm the prior-year Instance is ready

  • Investment list is accurate and complete

  • Tags and ownership data are up to date

  • Basis tracking and activities are configured as expected

Confirm the new-year Instance exists
Rollover carries data into a new tax-year Instance. Verify you’re rolling into the correct year.

If your tenant uses Group Management
Plan to assign the new-year Instance to groups after rollover so users can access it. (Group assignments do not carry forward automatically.)


Important: What rollover does not copy

Rollover does not carry forward tax-year work product such as:

  • uploaded K-1 PDFs or source documents

  • extracted K-1 values / line items

  • annotated PDFs

  • exports or report outputs

For the full list of what does carry forward, see the carry-forward matrix in the pillar article:
K1 Aggregator Rollover: What Carries Forward, What Doesn’t, and How to Configure It.


Step-by-step: Run rollover

Note: The exact menu location may vary depending on how your tenant is configured, but the rollover flow follows the same overall sequence.

Step 1: Navigate to rollover

Go to the location in K1 Aggregator where rollover is initiated (often on the Instance dashboard, Admin setup area, or Rollover tool entry point).

Step 2: Select the prior-year source Instance

Choose the source Instance you want to roll forward from (e.g., 2025 → 2026).

Step 3: Select the new-year destination Instance

Choose the tax-year Instance you want to roll into.

Step 4: Select rollover mode (if applicable)

Depending on your tenant, you may have options such as:

  • Rollover selected Instances

  • Rollover all Instances

  • Bulk rollover (if enabled)

Step 5: Confirm and run rollover

Review the selected source/destination and proceed with rollover.


Post-rollover validation (what to check immediately)

After rollover completes, validate the new-year Instance using the checks below.

✅ Instance-level checks

Confirm:

  • The correct prior-year source Instance was used

  • Core Instance settings appear as expected

  • Return ID appears if it was configured as an optional rollover item

✅ Investment-level checks

Confirm:

  • Investment list exists in the new-year Instance

  • Investment reference data carried forward correctly (name, ownership, tags)

  • Basis tracking configuration and activities are present where expected

  • Optional items appear only if configured (notes/comments, final K-1 flag, estimate column)

✅ Portfolio / foreign forms (if applicable)

Confirm:

  • State loss carryforward data appears as expected

  • Transferee pool / transfers appear if used in the prior-year Instance


Group Management (post-rollover access step)

If Group Management is enabled in your tenant, the new-year Instance will not automatically inherit group-to-instance assignments.

After rollover:

  1. Open Tenant Group Management

  2. Assign the new-year Instance to the appropriate group(s)

  3. Confirm the correct users are included in those groups

  4. Confirm any required 7216 consent settings (if offshore access is needed)

If users cannot access the new-year Instance, this is the first place to check.


Common issues (and what to do)

Issue: The new-year Instance is missing investments

Check:

  • You rolled over from the correct prior-year Instance

  • The prior-year Instance investment list was complete

  • Rollover completed successfully

Next step:
Compare expected outcomes using the carry-forward matrix in the pillar article:
K1 Aggregator Rollover: What Carries Forward, What Doesn’t, and How to Configure It.


Issue: Optional items didn’t carry forward (Return ID, notes, comments, estimates)

Most common cause: the optional item was not configured or saved in the prior-year Instance before rollover ran.

Check:

  • Optional items were configured in the prior-year Instance (not new-year)

  • Changes were saved before rollover started

See: K1 Aggregator Rollover Settings (Optional Items + Where to Configure Them).


Issue: Users can’t access the new-year Instance

If Group Management is enabled:

  • the new-year Instance must be assigned to group(s)

  • users must be in those groups

✅ Fix: Assign the instance and confirm user membership in Tenant Group Management.


Issue: Data appears duplicated after rollover

This can occur if rollover is run multiple times or if the same target Instance receives rollover more than once.

Check:

  • whether rollover was run repeatedly for the same year/Instance

  • whether tags or notes were duplicated as part of the optional settings behavior

If duplicates appear, document what duplicated and contact support for cleanup guidance.


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