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TAX MAP  All account information is mapped to specific tax lines to create K-1s.
TAX ADJUSTMENTS   Make adjustments to the tax calculation at the investor or fund level.
TAX ALLOCATIONS   Define custom allocation methods to be used by the tax calculation.
FUND TAX CALCULATION   Calculate the taxes at the fund level and export to CCH Prosystem.
INVESTOR TAX CALCULATION   Calculate the investor’s K-1 information.
K-1 FORMS   Export to PDF the investors’ actual K-1 forms.
CONTACT US For more information, visit our website: http://www.pennyitworks.com or call us at:  (914) 358-0016

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

  • 1. TAX MAP All account information is mapped to specific tax lines to create K-1s.
  • 2. TAX ADJUSTMENTS Make adjustments to the tax calculation at the investor or fund level.
  • 3. TAX ALLOCATIONS Define custom allocation methods to be used by the tax calculation.
  • 4. FUND TAX CALCULATION Calculate the taxes at the fund level and export to CCH Prosystem.
  • 5. INVESTOR TAX CALCULATION Calculate the investor’s K-1 information.
  • 6. K-1 FORMS Export to PDF the investors’ actual K-1 forms.
  • 7. CONTACT US For more information, visit our website: http://www.pennyitworks.com or call us at: (914) 358-0016