Nebraska K-1 (Form 1041N) reports a trust's or estate's share of income, deductions, and state adjustments specific to Nebraska tax law. These forms often include detailed breakdowns of various income types such as interest, dividends, and capital gains, as well as specific Nebraska deductions, credits, and apportionment details. The inherent variations in layout and extensive footnotes across different K-1 (Form 1041N) documents, which can vary significantly by preparer and software, often lead to manual data entry errors and a considerable slowdown in the review process for tax professionals. Abacus specifically addresses these challenges by employing advanced OCR and AI technology to meticulously extract all relevant data points from K-1 (Form 1041N) PDFs. This extracted data is then normalized and validated into standardized Excel workbooks, ensuring cross-schedule consistency and accuracy. The process includes the automated handling of federal and state add-backs, various Nebraska-specific tax credits, and granular ownership detail, which significantly reduces manual effort and increases accuracy, facilitating a clean and efficient import directly into leading tax preparation software like CCH or GoSystem.