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K1x Release Notes -  11/05/2025 & 11/06/2025

K1 Aggregator

Features

  • Tabbed Views: K-1s, 1099s, and W2s each have their own tab within the Manage Investments screen. Interested in the 1099 and W2 Extraction Module? Contact your customer service representative today!
  • Consolidated 1099 - Gain Loss Statement Grid View with Totals: To accommodate large volumes of gain loss transactions, the grid view presents all transactions in a digestible manner. In addition, Investment Totals, Short Term Gain/Loss Totals, Long Term Gain/Loss Totals are also shown in this view.

Bug Fixes

  • K-1 Line Item Summary: Issue regarding K-1 Line Item Summary report incorrect data for some lines has been resolved.
  • Locking Investments: Locking Investments now locks the 199A editable fields. 
  • State UBTI Report: Issue regarding totals calculating incorrectly has been resolved. 
  • K3 - Edit Investments: K-3 Information Part XII, issue regarding saving "Amount of tax liability " value has been resolved. 

990-Tracker

Features

  • Form 990 Schedule A: Schedule A will now automatically flow data for fundraising revenue from Form 990, Part VIII, where applicable.

Bug Fixes

  • Form 3468, Part III, Section N: A checkbox to indicate if tax-exempt bonds were used has been added to Section N to enable the proper completion of lines 28 and 29.
  • Form 4720: An issue with the reporting of Form 4720, Line 12 amounts in the XML, which could result in rejection, has been resolved.
  • Schedule A: Lines 5 through 7 of Schedule A, Part VIII, have been adjusted to only be completed when Line 4 is a gain, per the form instructions.
  • Maine Form 1120ME: An issue with Form 1120ME validation has been resolved.
  • Missouri MO-1120: The signer title and name fields have been adjusted to display properly on the form.
  • Nebraska Form 1120N: An issue resulting in an unexpected error when printing Form 1120N has been resolved.
  • North Carolina Form CD-405: An issue with Form CD-405 validation related to Lines 1b and 2b of Schedule I has been addressed.
  • Oregon Form OR-20: A rounding defect on Page 3, Line 10, has been addressed.