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ProSeries IOWA 1041: Where is the IA1041 Schedule K-1?

The_AntiTax_Man
Level 8

The IA1041 Schedule K-1 is currently missing from the PS22 IA1041 software module.  The IA1041 Schedule K-1 is an integral part of the IA1041 return as it is used by each beneficiary to report amounts onto their individual income tax returns.  

There are differences between the Federal 1041 Schedule K-1 and the IA1041 Schedule K-1.  For example, there can be state adjustments to the amount of taxable interest and/or dividends.

What is the timetable for Intuit ProSeries {IOWA] IA1041 software module programmers to complete the IA1041 module?  Is there a completion date?

Thank you for any info that you can provide!

1 Best Answer

Accepted Solutions
IntuitGabi
Community Manager
Community Manager

@The_AntiTax_Man  IA1041 Schedule K-1 is planned to be supported for TY23, other IA updates took priority this year which is why it is not supported in IA for TY22. 

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3 Comments 3
IntuitGabi
Community Manager
Community Manager

@The_AntiTax_Man  IA1041 Schedule K-1 is planned to be supported for TY23, other IA updates took priority this year which is why it is not supported in IA for TY22. 

The_AntiTax_Man
Level 8

Thank you for the info @IntuitGabi .  Please update this post if you learn of any new developments.

FUBAR.

 

The_AntiTax_Man
Level 8

2022 IA1041 K-1

 

Is Intuit on schedule to include the IA1041 K-1 to the 2023 Iowa 1041 module?

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