Verifying and Editing K-1 Data Using the K-1 Engine

You can verify and, if needed, edit the data that the K-1 Engine will import into a tax return. These optional steps are performed in the Verify K-1 Information window after you upload a K-1 PDF to the return and click Verify K-1 Data in the Action column.

Navigating the Verify K-1 Data Window

The window includes two panes:

• The K-1 image pane displays the K-1 PDF that was uploaded to the return. By default, fields from which data was extracted are highlighted so they are easier to identify. You can turn this highlighting off or on by clicking Extracted values above the image.
• If needed, you can use the pagination controls above the image to move between pages in a multi-page K-1. The magnifier buttons to the left of the image allow you to increase or decrease the image size.
• The editing pane displays the extracted values that will be imported into the return. You can revise the K-1 values in this pane. Separate tabs for Line Items and Notes allow you to move between those areas of the K-1. On the Line items tab, you can expand or collapse sections of the K-1 by clicking the section headers.

Tip: You can customize the window to better fit your workflow. Click at the top right to switch the positions of the panes. You can also split the panes into separate windows by clicking at the top right. To combine the separate windows into a single window, click at the top right.

Tell me about the global buttons and other controls on the window.

Button	Description
	Click to submit feedback on your experience using the K-1 Engine. All feedback is reviewed by product management.
	Click to switch the position of the K-1 image and editing panes.
	Displays only when the K-1 image and editing panes are combined in a single window. Click to split the panes into separate windows.
	Displays only when the K-1 image and editing panes display in separate windows. Click to combine the panes into a single window.
Cancel	Displays only when you have unsaved edits in the K-1 data. Click to exit the window without saving your changes and without completing the import to Tax.
Save	Click to save the changes you have made to the K-1 data.
Import to Tax	Click to complete the import of the K-1 data to the tax return.

Tell me about the K-1 image pane buttons and controls.

Button	Description
Extracted values	Click to toggle the highlighting of extracted values off or on in the K-1 image.
	Displays the page you are viewing in the K-1 image and the total number of pages in the PDF. For multi-page PDFs, you can enter a specific page number that you want to view in the text box to go to a page.
	Click to move back or forward one page at a time in a multi-page PDF.
	Click to increase or decrease the size of the K-1 image.
	Click to reduce the size of the K-1 image.
	Click to restore the K-1 image to its original size.

Tell me about the editing pane buttons and controls.

Button	Description
	Click to select filters to narrow the list of extracted values that display in the grid. Filters are available for suspicious values and invalid values. Clear the filter toggles to display all values.
	Enter a line item number or text from a line item description to quickly locate that line item in the editing pane. As you type, line items that match your entered text display. Select the line item you want to view. The line item you select is highlighted in the grid. Click the X in this box to clear the search. Note: The K-1 values, which display in the K1 Detail column, are not included in the search.
	Click to reset the selections you have made for the export to tax. These options are indicated by the check marks next to individual line items.
(Suspicious value)	Indicates that there is low confidence that the extracted value is accurate. If the data is left as-is, it will be imported into the return.
(Invalid value)	Indicates that the data type or format does not meet the expected criteria for the field. When you skip verification, invalid data is removed from the import. If you choose to verify the data before import, you must correct the invalid line items.
and	Indicates that there are child items beneath a parent line item. Click these icons to display or hide the child items.
	Indicates that there is additional information available about the extracted line item value. Click the icon to view the additional information.
	Indicates that a reference note is available for the line item. Click the icon to view the reference note.
	Click to locate the line item on the K-1 image. The selected line item will be surrounded by a red box on the K-1 image.
	Indicates the line item is selected for import to the return. Click a check mark to remove it and exclude the line item from the return.
	Click to add a child line item to the selected line item.
	Click to delete the child line item from the K-1. This option is only available for child line items that you have added to the K-1 in the editing pane.

Reviewing and Editing the K-1 Data

You can edit the values on the Line Items tab in the editing pane. Information on the Notes tab cannot be edited. You can, however, click an item on the Notes tab to open the page in the K-1 PDF that corresponds to that note.

Revisions that you make will only be visible in the editing pane. They will not be reflected in the K-1 image.

To change the data to be imported into the tax return, do the following in the Verify K-1 Information window:

1. Select the Line items tab in the editing pane, if it isn't already selected.
2. Click the header for the section of the K-1 that you want to review and edit values for, if the section is not already expanded.
3. Compare values on the K-1 image and editing panes as needed.

Tip: Clicking the icon for a line item displays a red box around the corresponding value on the K-1 image so you can quickly compare the values.

4. Do any of the following as needed:
   • Edit extracted values or add values in blank fields.
     1. Hover the pointer over the K1 Detail column for the line item that you want to edit or add. When the icon displays, click in the field.
     2. Edit the value as needed.
     3. Press Enter.
   • Add child line items.

      If you add a child item, you can specify whether to update the parent value to include the child amount or not.

     1. Click in the Actions column for the line item you want to add a child item for.
     2. Enter the K-1 value and a description of the child item.
     3. If you would like the K-1 Engine to update the parent line item value to include the child value you are adding, select Include amount in parent-line total. If you do not want to update the value of the parent line item, leave this check box empty.
     4. Click Add.

   Note: Line items with existing child line items display or icons in the Expand column. Click these icons to expand or collapse individual child items. To expand or collapse all child items in a K-1 section, select or clear the Expand check box in the grid header.

   • Remove child line items.

      You can delete child items that you have added in the editing pane. Child items that were extracted from the K-1 PDF cannot be deleted. They can, however, be excluded from the import into Tax.

     1. Expand the line item with the child line item to be removed.
     2. Click in the Actions column for the child item to be deleted.
   • Select specific line items to include or exclude in the import.

   You can select specific line items in Part III of a K-1 to include or exclude from the tax return import. Items which display a check mark in the Actions column will be imported into the tax return. Items without a check mark will not be imported. Click the gray circle in the Actions column to toggle the import option off or on for a line item. For line items that have child items, the check boxes display at the child item level.

   Tip: If needed, you can revert the selections you made for items to include or exclude in the import by clicking in the grid header row.

5. Click Save.

6. Do either of the following as needed:

   • Click Import to Tax to proceed with importing the data into the return. Click Yes to confirm the import, and then click X in the upper right corner of the window to close it and begin the import.
   • Click X in the upper right corner to exit the window without completing the import into the return.

     Note: If you choose to close the return without completing the K-1 data import, the uploaded K-1 remains linked to the return. In a future session, you can proceed with importing the K-1 data using the steps in the topic Importing K-1 Data from PDFs Using the K-1 Engine.