Rhode Island K-1 reports a pass-through entity's share of income, deductions, and state adjustments for Rhode Island filing, which can include details on ordinary income, rental income, interest, dividends, and various state-specific adjustments and credits. The inherent variations in layout and extensive footnotes across different Rhode Island K-1 documents, often differing by preparer and software, can significantly slow down the review process for tax professionals. Abacus streamlines this by extracting all relevant fields from Rhode Island K-1 PDFs and normalizing them into standardized Excel workbooks. This includes meticulous handling of federal and state add-backs, various tax credits, and detailed ownership information, ensuring a clean and efficient import directly into tax preparation software like CCH or GoSystem.
Trusted by the top 50 leading U.S. accounting firms, family offices, and wealth managers.
Enterprise-ready.
SOC2 Compliant.
Enterprise-grade security, certified for sensitive and regulated data. View our policies here.
More than 10,000 documents securely extracted with Abacus.