Product Updates
K1x Product Update 2025-01-16

BY Scott Turner
December 30
On January 16, 2025, we are deploying our 2024 tax return package for all 3 of our product suites – K1 Aggregator®, K1 Creator® and 990 Tracker®. While we’re still waiting for some taxing jurisdictions to provide final forms and e-file approvals, your K1xperts are working hard to finalize everything in our control.
Here are some quick highlights for Tax Year 2024: 44 new Forms and 21 new EFiles, but be sure to bookmark the link so you can track our state forms status page. By mid-January, we’ll also be posting a quick note from our Lead Tax Analyst to give you some context behind some state taxing jurisdictions’ delays.
Other things to look forward to in Q1
New Ideas Portal – As promised in our Q3 2024 communities event, we are thrilled to announce the launch of our new Ideas Portal. Similar in concept to our previous portal, this new approach is embedded within the product so our developers get a direct glimpse of the actual work conducted in addition to your great ideas. Try it out in the app today! This new approach empowers you to share your insights, propose innovative ideas, and suggest new features that can shape the future of our products. Our aim is to ensure that K1x software continues to meet your evolving needs while staying ahead of industry trends. Your feedback is invaluable, and this portal provides a simple and effective way to make your voice heard and directly contribute to our development process.

BRAG WORTHY UPDATES
Early Access to Upcoming K1 Aggregator® Features
You asked. We delivered. We are excited to introduce early access to new features in K1Aggregator®, giving you a firsthand look at the latest innovations before their official release. This program allows you to explore and test upcoming enhancements, providing valuable insights that help us refine and perfect these features. Your participation is key in shaping the future of K1x software, and we can’t wait to hear your feedback. By working together, we’re creating tools that not only meet your needs but also drive meaningful impact for your business.
The features available for early access are:
- Partial Packets – Recognizing that K-1 packets are often delivered in bits-and-pieces throughout the year, we’ve adjusted our system to allow for ingestion of information as it comes. Not only will K1 Aggregator® allow for partial ingestion of K-1 information, it will also assist in tracking status so that users will have a clear picture of what has been received, reviewed and even integrated with the end tax software.
- Auto-reclass – We’re excited to introduce our enhanced auto-reclass feature. This enhancement streamlines the process of categorizing and reallocating K-1 data, saving you time and reducing the risk of manual errors. With AI-powered Auto-Reclass, the system intelligently identifies and reclassifies entries based on predefined rules and patterns, ensuring accuracy and consistency across your K-1. This feature is designed to simplify and streamline the K-1 validation process.
- Passive/Nonpassive – We’re excited to announce a new feature in our software: tracking passive and nonpassive activities in K-1 forms. This enhancement provides greater clarity and organization by helping you to easily distinguish and manage income and deductions tied to passive and nonpassive activities. Combined with our auto-reclass feature, the software categorizes and tracks these activities, ensuring compliance with tax regulations and making it easier to prepare accurate filings.
- Improved Extraction Areas – While not officially part of the early access program, if you’re in the system, you should also see great improvement in extraction in the following areas: 199A, UBI, K-3 Overflow, Activity-based reporting and foreign disclosures. We’re working hard now to tackle these incredibly complex footnote areas to further streamline your processes and provide more value.
K1 Creator® – we’ve also been hard at work on our K1 Creator® product and excited about launching the Estimate/Extension Module on 2/17/2025. The market has long-awaited for a K-1 creation tool that can create and distribute large, complex Schedules K-1 packets in a streamlined manner. If you haven’t seen our K1 Creator® product lately, click here to attend one of our upcoming demos.
Upcoming Education
- Monthly training — In today’s rapidly evolving digital landscape, ensuring users are well-trained on K1x products is more critical than ever. No matter how intuitive a platform may be, comprehensive training is essential to help users fully understand its capabilities and leverage its features effectively. We’re here to make sure you and your colleagues not only grasp the basics but also master advanced functionalities that can streamline your K-1 workflow, boost productivity, and deliver measurable results. By investing in user training, you can ensure a smoother adoption process and maximize the return on investment. Click here to see our upcoming training programs.
- Educational webinar…but we’re not stopping there, we’re hosting a number of upcoming CPE Credit webinars and other learning opportunities in 2025. See the complete list of K1x digital and in-person events here.
- Product forums. We’re making big investments in 2025 amongst all of our products and want you to provide feedback while our designing is in-flight. Be sure to register for our upcoming events to ensure your voice is heard. Find the right product forum for you and your team here.
About K1x, Inc.
K1x is the leading data distribution platform for alternative investment tax compliance as well as the industry standard, IRS-certified solution for seamless tax-exempt filings. The fintech company’s patented, AI-powered SaaS solution digitizes and distributes tax data seamlessly–connecting investors, accounting firms, tax software, IRS and state taxing authorities–simplifying complex processes, accelerating filings, reducing costs, and delivering greater control and accessibility. K1x is battle-tested by the best, and trusted by more than 8000 organizations including 44 of 100 largest institutional investors in the US, 20 of the top 25 accounting firms, 11 of the top 100 private foundations, 45 of the top 100 university endowments, and 7 of the top 40 health systems. Visit us at K1x.io and follow us on LinkedIn.