Connecticut K-1 reports a pass-through entity's share of income, deductions, and state adjustments specifically for Connecticut income tax purposes. These forms often include detailed breakdowns of various income items, such as ordinary business income, net rental real estate income, interest income, dividend income, and capital gains or losses, as well as specific Connecticut additions, subtractions, and credits. The inherent variations in layout and extensive footnotes across different Connecticut K-1 documents, which can vary by preparer and software, often create significant challenges and delays for tax professionals who must manually review and extract this information. Abacus addresses this by extracting all relevant fields from Connecticut K-1 PDFs and normalizing them into standardized Excel workbooks. This process meticulously handles federal and state add-backs, various Connecticut tax credits (e.g., jobs creation tax credit, urban reinvestment tax credit), and comprehensive ownership detail, ensuring the data is clean, accurate, and ready for seamless and efficient import directly into tax preparation software like CCH or GoSystem.