Iowa K-1 (Form 1065) reports a partner's distributive share of a partnership's income, deductions, and state adjustments specifically for Iowa tax purposes. These forms often include specific Iowa modifications and additions, such as state-specific depreciation differences, certain state tax credits, and income sourced to Iowa. The varying layouts and detailed footnotes across these forms, which can differ significantly between tax software and preparers, often create a time-consuming and error-prone review process for tax professionals. Abacus significantly streamlines this by extracting all pertinent fields from Iowa K-1 (Form 1065) PDFs. It then normalizes this data into standardized Excel workbooks, meticulously handling federal and state add-backs, various Iowa-specific tax credits, and granular ownership detail. This normalization ensures data consistency and accuracy, facilitating a clean and efficient import directly into tax preparation software like CCH or GoSystem, thereby reducing manual effort and minimizing errors.