Montana K-1 (FID-3) reports a trust's or estate's share of income, deductions, and state adjustments for Montana tax purposes. These forms often include specific Montana-related income items, such as interest, dividends, capital gains, and various types of deductions, as well as unique state adjustments like additions for state and municipal bond interest or subtractions for federal income tax refunds. The varying layouts and extensive footnotes across different FID-3 documents, often depending on the preparer and software used, can significantly complicate and slow down the review process for tax professionals. Abacus streamlines this by precisely extracting all pertinent fields from Montana K-1 (FID-3) PDFs and normalizing them into standardized Excel workbooks. This comprehensive process includes meticulous handling of federal and state add-backs and subtractions, various tax credits applicable to Montana, and detailed ownership information, ensuring a clean and efficient import directly into tax preparation software like CCH or GoSystem.