Minnesota K-1 (Form KF) reports a partner's or shareholder's share of income, deductions, and state adjustments from a pass-through entity (such as a partnership or S-corporation) specifically for Minnesota state tax purposes. These forms often include detailed breakdowns of various income items like ordinary business income, net rental real estate income, interest, dividends, and capital gains, as well as specific Minnesota adjustments, credits, and deductions. The inherent differences in layout, reporting practices across various preparers, and extensive footnotes on these K-1 forms can create significant challenges for tax professionals, slowing down the review process and increasing the risk of manual data entry errors. Abacus addresses these issues by extracting all relevant data points from Minnesota K-1 (Form KF) PDFs and normalizing them into standardized Excel workbooks. This comprehensive extraction includes meticulous handling of federal and state add-backs, various Minnesota-specific tax credits, and detailed ownership information, ensuring the data is clean, validated, and ready for direct, efficient import into leading tax preparation software such as CCH Axcess or GoSystem.