Indiana K-1 (IT-41) reports a trust's or estate's share of income, deductions, and state adjustments for Indiana filing, which can include details on fiduciary income, capital gains, interest, dividends, and other state-specific modifications. The varying layouts and extensive footnotes across these forms, often differing by preparer and software, can significantly slow down the review process for tax professionals as they manually sift through pages of data and reconcile disparate information. Abacus streamlines this by extracting all relevant fields from Indiana K-1 (IT-41) PDFs and normalizing them into standardized Excel workbooks. This includes meticulous handling of federal and state add-backs, various Indiana tax credits, and detailed beneficiary ownership information, ensuring a clean and efficient import directly into tax preparation software like CCH or GoSystem.
Trusted by the top 50 leading U.S. accounting firms, family offices, and wealth managers.
Enterprise-ready.
SOC2 Compliant.
Enterprise-grade security, certified for sensitive and regulated data. View our policies here.
More than 10,000 documents securely extracted with Abacus.