Direct K-1: Performing an Import

In the RS Browser, click the Returns Processing tab.
Click Import/Export to open the menu item.
Click Import to display the import screen.
From the drop-down list, select Direct K-1 as the Import Type.
Select the Account number (XXXX), the tax Year (2021), and the Tax Type (1065).
Click the Browse for File button, as shown below.
The Open dialog box is displayed. Navigate to the location where the desired *.PX1 file is located. Highlight the file name, and click Open.

Only the *.PX1 file type is available for import.
The Direct K-1 (*.PX1) file appears under the Browse for File button.
The DK-1 import file (*.PX1) must have a valid header record in order to show up for import.
Select the check box next to the import file in the list, and click the Import button.
Information about the entity selected is displayed on the Direct K-1 Import screen. Verify the information, make a note of the import batch job number, and click the OKbutton.
When done, click the Batch Status button in the upper right corner of the screen.
On the Batch Status screen, enter a range of dates in the Date Batch Submitted section, and then click Continue. This retrieves a list of all batches that fall within the date range specified.
Click a Batch ID underlined link to see the batch status.
If the Import Status shows a Queued for Import message, click the Refresh button until File Import Complete is displayed in the Import Status column. When finished, the Import Status displays a File Import Complete message, as shown below. Then click the Cancel button.

Schedule K-3

Special precautions must be taken when the return includes Schedule K-3 data for import.

In order to see these sections, you must include the following forms and field names in the import file.

If the direct K-1 import cannot populate automatically, you must check the following Organizer check box under the Foreign Information folder. (Organizer > Foreign Information > Ptr Distributive Share-International, K-2, K-3 Activation and General Info)
Before performing an import and preferably before the partner allocations is activated, verify that the Schedule K-3 box is checked to turn off partner allocations to Schedule K-3. (Organizer > Partner Allocations Disabled)
If data exists in Tax Forms > Schedule K-3 Partner International, delete it. To do so, go to Organizer > Partner Information > Partner by Partner Data > Common Partner Data > Common K-3 Print Options, and click the Delete ALL Schedule K-3 button.

Import/Export/dk1_2.htm/TY2021

Last Modified: 10/19/2021

Last System Build: 10/18/2022