Utah K-1 (TC-20S) reports a shareholder's share of an S-corporation's income, deductions, and state adjustments specifically for Utah filing. These forms often include detailed breakdowns of ordinary business income (loss), net rental real estate income (loss), interest income, dividends, capital gains (losses), and various state-specific credits and adjustments relevant to Utah tax law. The inherent variations in layout, coupled with extensive footnotes and supplemental schedules across different preparers and software, frequently complicate and prolong the review process for tax professionals. Abacus significantly streamlines this by meticulously extracting all pertinent fields from Utah K-1 (TC-20S) PDFs and normalizing them into standardized, easy-to-use Excel workbooks. This comprehensive process includes automated handling of federal and Utah state add-backs and subtractions, precise tracking of various tax credits, and detailed reporting of ownership information, ensuring a clean, accurate, and efficient import directly into leading tax preparation software like CCH or GoSystem.