taxes k-1 | penny - it works | fund and investment partnership accounting software

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TAX MAP All account information is mapped to specific tax lines to create K-1s.

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Page 1: Taxes K-1 | Penny - It Works | Fund and Investment Partnership Accounting Software

TAX MAP

All account information is mapped to specific tax lines to create K-1s.

Page 2: Taxes K-1 | Penny - It Works | Fund and Investment Partnership Accounting Software

TAX ADJUSTMENTS

Make adjustments to the tax calculation at the investor or fund level.

Page 3: Taxes K-1 | Penny - It Works | Fund and Investment Partnership Accounting Software

TAX ALLOCATIONS

Define custom allocation methods to be used by the tax calculation.

Page 4: Taxes K-1 | Penny - It Works | Fund and Investment Partnership Accounting Software

FUND TAX CALCULATION

Calculate the taxes at the fund level and export to CCH Prosystem.

Page 5: Taxes K-1 | Penny - It Works | Fund and Investment Partnership Accounting Software

INVESTOR TAX CALCULATION

Calculate the investor’s K-1 information.

Page 6: Taxes K-1 | Penny - It Works | Fund and Investment Partnership Accounting Software

K-1 FORMS

Export to PDF the investors’ actual K-1 forms.

Page 7: Taxes K-1 | Penny - It Works | Fund and Investment Partnership Accounting Software

CONTACT US

For more information, visit our website:

http://www.pennyitworks.com

or call us at: (914) 358-0016