Alabama K-1 (Form 20S) reports a shareholder's share of an S-corporation's income, deductions, and state adjustments specifically for Alabama tax purposes. These forms often contain various income items, such as ordinary business income, net rental real estate income, interest income, dividend income, and capital gains (losses), as well as specific Alabama credits and adjustments like those related to the Alabama Business Privilege Tax. The inherent variations in layout and extensive footnotes across different Alabama K-1 (Form 20S) documents, often differing by preparer and software, can significantly slow down the review process for tax professionals as they manually extract and interpret the data. Abacus automates and streamlines this process by accurately extracting all relevant fields from Alabama K-1 (Form 20S) PDFs and normalizing them into standardized Excel workbooks. This includes meticulous handling of federal and state add-backs, various tax credits, and detailed ownership information, ensuring a clean, validated, and efficient import directly into tax preparation software like CCH or GoSystem.