South Carolina K-1 (Form 1041) reports a trust's or estate's share of income, deductions, and state adjustments specifically for South Carolina tax purposes. These forms often detail various types of income (e.g., interest, dividends, capital gains, rental income), deductions (e.g., trustee fees, state income taxes), and credits unique to South Carolina's tax code. The challenges in reviewing these forms stem from their inconsistent layouts, which can vary significantly between different preparers and tax software, and the extensive, often complex, footnotes that require careful interpretation. Abacus addresses these issues by extracting all relevant data points from South Carolina K-1 (Form 1041) PDFs and normalizing them into standardized Excel workbooks. This process meticulously handles South Carolina-specific add-backs and adjustments, various state tax credits, and detailed ownership information, ensuring the data is clean, accurate, and ready for efficient import into tax preparation software such as CCH or GoSystem.