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K-1 Reader State K-1 Extraction Capabilities

Learn which State K-1 forms are supported by K1x K-1 Reader and the level of extraction available for each form.

Overview

K1x K-1 Reader supports extraction of partner allocation data from supported 1065 State K-1 forms.

State K-1 extraction supplements the federal K-1 by capturing state-specific allocation data where supported.

Important
  • State K-1 extraction is supported only for 1065 K-1s.
  • State K-1 extraction is not supported for 1120S or 1041 State K-1s.
  • Extraction from substitute or custom State K-1 forms is not supported.
  • State K-1s must either:
    • be included in the Federal K-1 upload package, or
    • be uploaded separately using the Partial Packet feature.

Mapping Coverage

Not every supported State K-1 form has the same level of extraction.

Full State Extraction

All supported fillable fields on the State K-1 are extracted into K1 Aggregator.

Federal Equivalent Only

K1 Reader extracts the federal Part III state-equivalent information but does not extract all state-specific fields from the State K-1.


Supported State K-1 Forms

State Form Mapping Coverage   State Form Mapping Coverage
AK_6900 Fully Mapped   MT_K1 Federal Equivalent Only
AL_20S Fully Mapped   NC_D403K1 Federal Equivalent Only
AL_65 Fully Mapped   ND_K1 Federal Equivalent Only
AR_K1 Federal Equivalent Only   NE_K1N Federal Equivalent Only
AZ_165 Fully Mapped   NJ_K1 Fully Mapped
AZ_165NR Fully Mapped   NY_IT204CP Fully Mapped
CA_565 Fully Mapped   NY_IT204IP Fully Mapped
CA_568 Fully Mapped   OH_ITK1 Federal Equivalent Only
CT_K1 Fully Mapped   OR_K1 Fully Mapped
DE_300 Federal Equivalent Only   PA_NRK1 Fully Mapped
HI_N20 Federal Equivalent Only   PA_RK1 Fully Mapped
IA_1065 Federal Equivalent Only   RI_K1 Federal Equivalent Only
ID_K1 Federal Equivalent Only   SC_K1 Federal Equivalent Only
IL_K1P Fully Mapped   UT_K1 Federal Equivalent Only
IN_IT20S Fully Mapped   VA_502SVK1 Federal Equivalent Only
KY_K1 Federal Equivalent Only   VA_502VK1 Federal Equivalent Only
MA_3K1 Fully Mapped   VT_K1 Federal Equivalent Only
MD_510 Federal Equivalent Only   WI_3K1 Fully Mapped
MN_KPC Fully Mapped   WV_K1 Federal Equivalent Only
MN_KPI Fully Mapped   WV_K1C Federal Equivalent Only
MO_NRP Federal Equivalent Only      

Notes and Limitations

  • State K-1 extraction is available only for the State K-1 forms listed above.
  • State-specific data can only be extracted from supported, standardized State K-1 forms.
  • Substitute or custom State K-1 forms are not supported for extraction.
  • If a State K-1 is uploaded without its corresponding Federal K-1, use the Partial Packet feature to associate it with the correct investment.
  • If a State K-1 form is listed as Federal Equivalent Only, K1 Reader extracts only the federal Part III state-equivalent information. State-specific fields unique to that form are not currently extracted.