K-1 Distribution: Firm Instructions

The firm can choose to distribute the taxpayer's K-1s on their behalf. The taxpayer receives an email notification if the K-1 recipient declines to consent to receive the document(s) electronically. 

In order to deliver the K-1s, the settings must be enabled before the return is delivered. This article outlines how to enable and use this feature.

Enable K-1 Distribution for Users

Important

This option must be enabled before a return is delivered for it to apply. Only System Administrators have access to the Settings section.

1. Click Settings in the left panel. 
2. Click General.
3. Check Allow any internal user to Distribute K-1s.
4. Click Apply.

Access Return for Distribution

The K-1 distribution process is the same for the firm as it is for the taxpayer. The only difference is how the return is accessed.

1. Navigate to Delivered Returns.
2. Click the More (...) options button in the Action column for the return. 
3. Click Client View.
4. Click on the Name and Email of the Client.
5. Click Get Started on the landing page.
6. Click Distribute K-1's on the summary page. 

Distribute K-1 Documents Electronically

Distribute

1. Click Send Electronically on the K-1 distribution dashboard.
2. Click the Edit Partner Details button in the Action column.
3. Enter the shareholder's email address in the Update K-1 Partner Details window.
   • An email address is required before a K-1 package can be delivered.
   • If a mobile number is added, the Access Codes are sent by text.
4. Click Save to save any changes made. 
5. Select one or more K-1 packages to be distributed. 
   • If you Select All, the K-1s on the current page and any additional pages are selected.
6. Click the Email Documents button.
7. View the Status of delivered K-1s. 

Download All K-1s

All the K-1 packages are downloaded into 1 PDF.

1. Click Download. 
2. Click Download All K-1s. 

Download Selected K-1s

The K-1s are downloaded as separate PDF files in a ZIP file. 

1. Click the checkbox to the left of the K-1s to be downloaded. 
2. Click Download. 
3. Click Download Selected K-1s. 

Distribute K-1 Documents By Mail

1. Click Mail Hard Copies on the K-1 distribution dashboard.
   • Documents can be downloaded individually or in bulk. 

Download Individual K-1's

The K-1 is downloaded as a single PDF to your browser's default location.

1. Locate the K-1 to be downloaded.
2. Click the Download option in the Action column.

Download Multiple K-1 Packages

The K-1(s) are downloaded to your browser's default location.

1. Check the box next to the K-1 package(s) to be downloaded.
2. Click Download to select how you would like to download the K-1s.
   
   1. Click Download All K-1s to download all K-1s for each shareholder into 1 PDF.
   2. Click Download Selected K-1s to download each checked K-1 as a separate PDF in a ZIP file. 

Important

When K-1s are downloaded, the document(s) either go directly to the default download location on your PC, or to the My Downloads folder inside of SafeSend.

If there are many files or very large files, they go to the My Downloads folder in SafeSend.

1. Click on your entity name.
2. Click My Downloads.