Tax Map
All account information is mapped to specific tax lines to create K-1s.
Tax Adjustments
Make adjustments to the tax calculation at the investor or fund level.
Tax Allocations
Define custom allocation methods to be used by the tax calculation.
Fund Tax Calculation
Calculate the taxes at the fund level and export to CCH Prosystem.
Investor Tax Calculation
Calculate the investor's K-1 information.
K-1 Forms
Export to PDF the investors' actual K-1 forms.
Taxes - K-1
- Generate Form: create the government form and supporting schedules.
- Create PDF: configure whether to write-protect the PDF or allow for modification in order to insert additional information.
- Single or Batch Files: output a separate file for each investor or a single file for the fund.
- Exports: map tax lines to GoSystem® groups and cross-reference to Prosystem® ratios.
- Directed Gains (stuffing): Allocate book tax differences to withdrawing partners. Fill up/down. Full or partial withdrawals.
