--- title: Setting Up Allocation Codes description: Set up allocation codes in K1 Creator to define how income, deductions, and other K-1 amounts are distributed across investors for accurate package creation. --- [Skip to content](https://support.k1x.io/setting-up-allocation-codes#main-content) [Submit A Support Ticket](https://support.k1x.io/kb-tickets/new?hsLang=en-us) [Client portal](https://support.k1x.io/tickets?hsLang=en-us) [![Group 16](https://support.k1x.io/hs-fs/hubfs/Group%2016.png?width=75&height=75&name=Group%2016.png)](https://support.k1x.io/?hsLang=en-us) - [Knowledge Base](https://support.k1x.io/) Open main navigation Close main navigation - [Knowledge Base](https://support.k1x.io/) - [Submit A Support Ticket](https://support.k1x.io/kb-tickets/new) - [Client portal](https://support.k1x.io/tickets) How can we help? - There are no suggestions because the search field is empty. 1. [K1x Knowledge Base](https://support.k1x.io/?hsLang=en-us) 2. [K1 Creator](https://support.k1x.io/k1-creator?hsLang=en-us) 3. [Core Workflows](https://support.k1x.io/k1-creator?hsLang=en-us#core-workflows) September 25, 2026 # Setting Up Allocation Codes ## The Allocation Codes page is where you create and manage the codes that define how partnership income, gains, losses, and other items are allocated to each investor. This page drives the per-investor amounts generated in the K-1 Packager. #### **How to Set-up Allocation Codes** Click Allocation Codes in the left-hand navigation. This page is available once at least one investor has been added to the entity. #### **Allocation Code Basics** Each allocation code is identified by a two-character code. K1X best practice is to use alphabetic characters only, which provides 600+ unique allocation code combinations. Each code can have a description and is configured as either an Amount or Percentage type. One allocation code can be designated as the default for the entity. If no default has been set, a notification will appear on the page to let you know. The first percentage code entered will serve as the fallback code if no default is selected. When you select an allocation code in the dropdown that has been set as the default, a purple star icon will appear next to it confirming it is the designated default. #### **Manually Adding an Allocation Code** To add an allocation code manually: 1. Click the + (plus) icon at the top of the Allocation Codes page next to the Allocations Code dropdown. 2. Enter a two-character code (alphabetic characters recommended). 3. Optionally enter a description for the code. 4. Select the allocation type using the radio button, choose either Amount or Percentage. 5. Check the Set as Default for Entity checkbox if this code should be the default allocation code. ![](https://support.k1x.io/hs-fs/hubfs/image-png-Sep-25-2026-02-41-58-9322-PM.png?width=1314&height=797&name=image-png-Sep-25-2026-02-41-58-9322-PM.png) 1. If Percentage is selected, an additional section will appear. Check any combination of the following that applies to this code: 1. Beginning Profit % 2. Beginning Loss % 3. Beginning Capital % 4. Ending Profit % 5. Ending Loss % 6. Ending Capital % ![](https://support.k1x.io/hs-fs/hubfs/image-png-Sep-25-2026-02-42-20-3278-PM.png?width=1314&height=796&name=image-png-Sep-25-2026-02-42-20-3278-PM.png) 1. Click Save. The allocation code will be added to the allocation codes dropdown and is ready to use. #### **Editing an Allocation Code** To edit an existing allocation code: 1. Select the allocation code from the dropdown. 2. Click the pencil (edit) icon to the right of the dropdown. 3. Update any of the allocation code fields in the popup that appears. 4. Click Save. #### **Entering Investor Amounts or Percentages** Once your allocation codes are set up, you will need to assign values to each investor for the applicable code: 1. Select the specific allocation code from the dropdown. 2. The data grid will display all investors in the partnership. 3. Manually enter the amount or percentage for each investor in their respective row. ![](https://support.k1x.io/hs-fs/hubfs/image-png-Sep-25-2026-02-43-37-1447-PM.png?width=1316&height=793&name=image-png-Sep-25-2026-02-43-37-1447-PM.png) #### **Importing Allocation Codes** If you have a large number of allocation codes or investors to configure, you can use the import feature to complete this section in bulk. 1. Click Upload Allocation Codes 2. Click Download Template to download the allocation codes template. ![](https://support.k1x.io/hs-fs/hubfs/image-png-Sep-25-2026-02-44-58-9223-PM.png?width=1315&height=795&name=image-png-Sep-25-2026-02-44-58-9223-PM.png) 1. The template will include all investors in the partnership. 2. Add all allocation codes to the template, including the description, allocation type (amount or percentage), and whether each code is the default allocation code. 3. If using a percentage allocation code, identify whether it applies to the investor's beginning or ending Profit %, Loss %, and/or Capital %. 4. Enter the amounts or percentages for each investor. 5. Import the completed template. All allocation codes and investor values will be bulk imported. #### **Exporting Allocation Code Data** Use the Export feature at any time to download the full allocation codes data grid for review. This export reflects all currently entered amounts and percentages across all investors and allocation codes. - [General](https://support.k1x.io/general?hsLang=en-us#main-content) - [Account Management - SSO & Okta](https://support.k1x.io/general?hsLang=en-us#account-management-sso-okta) - [FAQ](https://support.k1x.io/general?hsLang=en-us#faq) - [Release Notes](https://support.k1x.io/general?hsLang=en-us#release-notes) - [K1 Aggregator](https://support.k1x.io/k1-aggregator?hsLang=en-us#main-content) - [Getting Started & Administration](https://support.k1x.io/k1-aggregator?hsLang=en-us#getting-started-administration) - [Core Workflows](https://support.k1x.io/k1-aggregator?hsLang=en-us#core-workflows) - [Reader Extraction & Document Upload](https://support.k1x.io/k1-aggregator?hsLang=en-us#reader-extraction-document-upload) - [Aggregator Modules - Investments](https://support.k1x.io/k1-aggregator?hsLang=en-us#aggregator-modules-investments) - [Aggregator Modules - Foreign Forms](https://support.k1x.io/k1-aggregator?hsLang=en-us#aggregator-modules-foreign-forms) - [Aggregator Modules - Reports and Exports](https://support.k1x.io/k1-aggregator?hsLang=en-us#aggregator-modules-reports-and-exports) - [K-1 Aggregator FAQ](https://support.k1x.io/k1-aggregator?hsLang=en-us#k-1-aggregator-faq) - [Integrations - CCH Axcess](https://support.k1x.io/k1-aggregator?hsLang=en-us#integrations-cch-axcess) - [Integrations - GoSystem](https://support.k1x.io/k1-aggregator?hsLang=en-us#integrations-gosystem) - [Integrations - UltraTax, Profx, OIT](https://support.k1x.io/k1-aggregator?hsLang=en-us#integrations-ultratax-profx-oit) - [Integrations - All Other](https://support.k1x.io/k1-aggregator?hsLang=en-us#integrations-all-other) - [990 Tracker](https://support.k1x.io/990-tracker?hsLang=en-us#main-content) - [990 Tracker FAQ](https://support.k1x.io/990-tracker?hsLang=en-us#990-tracker-faq) - [Federal Forms](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms) - [Federal Forms - 990-T](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-990-t) - [Federal Forms - Form 990](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-form-990) - [Federal Forms - Form 990 - Form 990 Schedules - Schedule A](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-form-990-form-990-schedules-schedule-a) - [Federal Forms - Form 990 - Form 990 Schedules - Schedule B](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-form-990-form-990-schedules-schedule-b) - [Federal Forms - Form 990 - Form 990 Schedules - Schedule C](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-form-990-form-990-schedules-schedule-c) - [Federal Forms - Form 990 - Form 990 Schedules - Schedule D](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-form-990-form-990-schedules-schedule-d) - [Federal Forms - Form 990 - Form 990 Schedules - Schedule K](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-form-990-form-990-schedules-schedule-k) - [Federal Forms - Form 990 - Form 990 Schedules - Schedule R](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-form-990-form-990-schedules-schedule-r) - [Federal Forms - Form 990 EZ](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-form-990-ez) - [Federal Forms - Form 990 PF](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-form-990-pf) - [Federal Forms - Other Federal Forms](https://support.k1x.io/990-tracker?hsLang=en-us#federal-forms-other-federal-forms) - [Electronic Filing](https://support.k1x.io/990-tracker?hsLang=en-us#electronic-filing) - [Modules](https://support.k1x.io/990-tracker?hsLang=en-us#modules) - [Modules - Conflict of Interest](https://support.k1x.io/990-tracker?hsLang=en-us#modules-conflict-of-interest) - [Modules - Master Compensation Module](https://support.k1x.io/990-tracker?hsLang=en-us#modules-master-compensation-module) - [State Forms](https://support.k1x.io/990-tracker?hsLang=en-us#state-forms) - [State Forms - Arizona](https://support.k1x.io/990-tracker?hsLang=en-us#state-forms-arizona) - [State Forms - Massachussets](https://support.k1x.io/990-tracker?hsLang=en-us#state-forms-massachussets) - [State Forms - Mississippi](https://support.k1x.io/990-tracker?hsLang=en-us#state-forms-mississippi) - [State Forms - New Mexico](https://support.k1x.io/990-tracker?hsLang=en-us#state-forms-new-mexico) - [State Forms - West Virginia](https://support.k1x.io/990-tracker?hsLang=en-us#state-forms-west-virginia) - [Troubleshooting](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting) - [Troubleshooting - Federal](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal) - [Troubleshooting - Federal - Validation Errors](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal-validation-errors) - [Troubleshooting - Federal - Validation Errors - Form 990](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal-validation-errors-form-990) - [Troubleshooting - Federal - Validation Errors - Form 990-T](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal-validation-errors-form-990-t) - [Troubleshooting - Federal - Validation Errors - Form 990-PF](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal-validation-errors-form-990-pf) - [Troubleshooting - Federal - Validation Errors - Other Federal Forms](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal-validation-errors-other-federal-forms) - [Troubleshooting - Federal - Rejection Errors - Form 990](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal-rejection-errors-form-990) - [Troubleshooting - Federal - Rejection Errors - Form 990-T](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal-rejection-errors-form-990-t) - [Troubleshooting - Federal - Rejection Errors - Form 990-PF](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal-rejection-errors-form-990-pf) - [Troubleshooting - Federal - Rejection Errors - Other Federal Forms](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-federal-rejection-errors-other-federal-forms) - [Troubleshooting - State - Validation Errors](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-state-validation-errors) - [Troubleshooting - State - Rejection Errors](https://support.k1x.io/990-tracker?hsLang=en-us#troubleshooting-state-rejection-errors) - [North Caolina](https://support.k1x.io/990-tracker?hsLang=en-us#north-caolina) - [Forms & Schedules](https://support.k1x.io/990-tracker?hsLang=en-us#forms-schedules) - [K1 Creator](https://support.k1x.io/k1-creator?hsLang=en-us#main-content) - [Core Workflows](https://support.k1x.io/k1-creator?hsLang=en-us#core-workflows) [![k1x logo](https://support.k1x.io/hs-fs/hubfs/k1x%20logo.webp?width=65&height=65&name=k1x%20logo.webp "k1x logo")](https://k1x.io) Privacy Policy | Legal | © 2024 K1x. All Rights Reserved. Patented/Patent-pending AI automation technology | The Digital K-1 Exchange and Digital K-1 Filetype. US2022/0405453 | AI-powered engine to extract data for K-1 PDF. US 2021/0082062 | C-TRAC. US 2010/0010849 1 High Street Court, Morristown, NJ 07960