ProSystem fx® Tax Partnership System Meet all your Partnership tax return processing needs
The ProSystem fx Tax Partnership module provides extensive allocation capabilities for flexibility as you work on your Partnership returns. You can use the software’s extensive allocation capabilities to:
Allocate all income, deduction, and other Schedule K-1 items according to your specified amounts, percentages, or units.
Allocate liabilities based on end-of-year percentages.
Allocate excess basis adjustments under IRC Section 754 from depreciation detail.
Compute and distribute net self-employment earnings to each partner’s Schedule K-1.
Produce Alternative Minimum Tax versions of Schedule D, Form 4797, Form 4952, and Form 6252.
Allocate income, deductions, and tax preference items on an activity-by-activity basis.
Efficient output of Partner K-1 Packages to a combined PDF or to individual PDF files.
Produce Schedule K-1 multiple activity statements for each partner.
ProSystem fx Tax Partnership helps you perform all the essential tasks for keeping your clients in compliance.
Allows batch filing of extensions for Federal and State returns.
E-file all Federal and selected state returns.
Benefit from extensive calculations for foreign partners. and foreign partnerships
Track partners’ outside basis in the partnership using Federal partner basis worksheets.
As an added bonus, you can use the software to generate flexible partner letters, instructions, labels, and even your own customized letterhead.
Federal Forms and Schedules
Form 1065
Schedule A
Schedule B
Schedule D*
Schedule F
Schedule K
Schedule K-1
Schedule L
Schedule M-1
Schedule M-2
Schedule M-3
Form 8916-A
Form 1065B
Schedule A
Schedule B
Schedule D
Schedule K
Schedule K-1
Schedule L
Schedule M-1
Schedule M-2
Schedule M-3
Form 8916-A
Form 2439
Form 2848
Form 3115
Form 3468
Form 4136
Form 4255
Form 4562
Form 4684
Form 4797*
Form 4835
Form 4952*
Form 5471
Form 5713
Form 5884
Form 5884-A
Form 6252*
Form 6478
Form 6765
Form 6781
Form 7004
Form 8082
Form 8275
Form 8275-R
Form 8283
Form 8308
Form 8453-B
Form 8453-PE
Form 8586
Form 8594
Form 8609
Form 8609-A
Form 8611
Form 8621
Form 8697
Form 8716
Form 8752
Form 8804
Schedule A
Form 8804-W
Form 8805
Form 8813
Form 8820
Form 8821
Form 8822
Form 8824
Form 8825
Form 8826
Form 8832
Form 8833
Form 8834
Form 8835
Form 8844
Form 8845
Form 8846
Form 8847
Form 8858
Form 8861
Form 8864
Form 8865
Form 8866
Form 8873
Form 8874
Form 8878-A
Form 8879-B
Form 8879-PE
Form 8881
Form 8882
Form 8886
Form 8893
Form 8896
Form 8900
Form 8903
Form 8906
Form 8907
Form 8908
Form 8909
Form 8910
Form 8911
Form 8912
Form 8923
Form 8925
Form 90-22.1
Form 970
Form 982
Form T
*Includes AMT version
State, City and County Returns
Alabama•
Privilege Tax
Arizona•
Arkansas•
California•
Nonresident Withholding Annual Return
Colorado•
Connecticut•
Delaware•
District of Columbia
Florida
Tangible
Georgia•
Hawaii
Idaho
Illinois•
Indiana•
Iowa•
Kansas•
Kentucky
Tangible
Lexington
Louisville
Louisiana•
Maine•
Maryland•
Massachusetts•
Michigan SBT•
Battle Creek
Detroit
Flint
Grand Rapids
Highland Park
Lansing
Pontiac
Port Huron
Saginaw
Minnesota•
Mississippi•
Missouri•
St. Louis
Kansas City
Montana
Nebraska
New Hampshire
Interest and Dividends Tax Return
New Jersey•
New Mexico•
New York•
New York City
Yonkers
North Carolina•
North Dakota•
Ohio•
Counties
Akron
Cincinnati
Columbus
CCA
RITA
Generic form R
Oklahoma•
Oregon•
Multnomah County
Portland
Pennsylvania•
Philadelphia
Rhode Island•
South Carolina•
Tennessee•
Franchise Tax Interest and Dividend Tax
Texas
Utah•
Vermont
Virginia
West Virginia•
Wisconsin•
Recycling Surcharge Return
• Composite Return also available
Individual LLC States
Alabama
Arkansas
California
Connecticut
District of Columbia
Illinois
Indiana
Kansas
Kentucky
Minnesota
Montana
Nebraska
New York
North Carolina
Pennsylvania
Rhode Island
Tennessee
The integration between ProSystem fx Tax Partnership and other software applications creates significant time savings, making life a little easier for everyone at your firm.
