Nebraska K-1 (Form 1120-SN) reports a shareholder's share of an S-corporation's income, deductions, and state adjustments specifically for Nebraska tax purposes. These forms often include detailed breakdowns of ordinary business income (loss), net rental real estate income (loss), interest income, dividend income, capital gains (losses), and other state-specific adjustments. The wide variations in layout and extensive footnotes across different Nebraska K-1 (Form 1120-SN) documents, which can differ significantly by preparer and software, often create inefficiencies and slow down the review process for tax professionals. Abacus addresses these challenges by extracting all relevant fields from Nebraska K-1 (Form 1120-SN) PDFs and normalizing them into standardized Excel workbooks. This comprehensive process includes meticulously handling federal and state add-backs, various tax credits applicable to Nebraska, and detailed ownership information, ensuring a clean, accurate, and efficient import directly into tax preparation software like CCH or GoSystem.