The Schedule K-1 Export feature is now available in Drake Tax 2023.
In November 2023, the IRS announced significant changes and additions to the current list of Schedule K-1 codes for 1120-S and 1065 returns. Due to the extensiveness of these changes and the impact these codes have on multiple forms, the Schedule K-1 Export function was temporarily disabled for the January release of Drake Tax 2023.
On February 8, 2024, the K-1 Export feature was reactivated. For instructions on using the K-1 Export, see Knowledge Base article 12095.
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