Direct K-1: Using the DK-1 Comparison

Using Microsoft Excel, open the 2021_1065_DK1_MM-DD-YYYY.xls workbook.

The workbook contains several spreadsheets that provide information needed to complete the *.PX1 import file. An explanation of the information in each spreadsheet can be found in the Direct K-1: Terms and Definitions section.

Note that many of the terms referred to prior versions and the current version. Make a note of what has changed from the prior version.

Any items that are listed in the Discontinued, Changes or New spreadsheets requires an adjustment in your import file (*.PX1) if you are using the specific field listed.

To determine if the information in the DK1 Comparison workbook impacts your import, perform the following tasks:

Open the 2021_1065_DK1_MM-DD-YYYY.xls workbook.
Review all of the spreadsheets
If the Discontinued, Changes, or New spreadsheets have data, this means your existing import file,*.PX1, will need to be adjusted accordingly.

Import/Export/dk1_12.htm/TY2021

Last Modified: 03/20/2020

Last System Build: 10/18/2022