K-1

Schedule K-1 Partner/Shareholder Income

AI classification of Schedule K-1 forms from partnerships, S-corporations, and trusts. Extract complex income allocations automatically.

Fields Extracted by AI

Ordinary business income
Net rental income
Interest income
Dividends
Capital gains
Section 179 deduction

Common Classification Challenges

  • Multiple K-1 categories
  • Basis calculations
  • At-risk limitations
  • Passive activity rules

Other Document Types