K1x Release – 1/16/2025

New Features

K1 Aggregator

• We're happy to announce that the tax year 2024 is now available!
• We're still working on some updates, which include:
  • Generating PDF and XML for foreign forms
  • Integrating data with Thomson Reuters products (OIT, OTT, OIT Express, GoRS, UltraTax)
  • Integrating data with ProSystem Fx
  • Integrating data with CCH Axcess Tax (the integration is still functional in TY24, but new line items won't map to CCH)
  • K-3 Summary on the Review Investments page

For more details on how to rollover, please check this article.

990 Tracker

• We're happy to announce that the tax year 2024 is now available!
• Here's what you can use right now:
  • Engagement rollover from 2023 to 2024
  • User interface and PDF generation for Federal Forms (990, PF, EZ, T, 4720) & extensions (with a few exceptions listed below)
  • Benchmarking (990 export)
  • Conflict of Interest
  • Master Compensation
  • Data integration from K1 Aggregator
• We're still working on some updates, including:
  • Electronic filing for the 2024 tax year
  • State Module and All State Forms
  • Check out the Forms Status Page for updates on individual forms!