K-1 OCR: Extract Data from Schedule K-1 Tax Forms with AI

Extract partner allocations, income items, deductions, and credits from any Schedule K-1 format. AI reads K-1s from every fund administrator and partnership without templates.

  • Processes any format — digital, scanned, or photographed
  • No templates or per-document configuration needed
  • SOC 2 Type 2 certified with 24-hour data deletion
K-1 OCR — AI data extraction at K1OCR.com

Trusted by accounting and tax professionals at

Weight Watchers Ancestry ASM Global Sunrun

Upload a K-1 and extract all partner allocations in seconds

Drop any document below and see AI extract structured data immediately. No setup required.

What tax professionals are saying

“We receive K-1s from 200 different fund administrators. Every one formats the Schedule K-1 differently. Template OCR required 200 templates. AI K-1 OCR reads them all correctly without any setup.”
MH
Mark H.
Tax Director, Investment Firm
“K-1 data entry was our biggest bottleneck during filing season. Each K-1 has dozens of boxes across multiple pages. The AI extracts every allocation accurately and tags each K-1 to the right investor automatically.”
SL
Sandra L.
Senior Tax Manager
“For estate and trust K-1s, the formatting varies even more than partnerships. AI OCR handles beneficiary allocations from any trust administrator format without configuration.”
DK
David K.
Estate Tax Specialist
Results

How an investment firm automated K-1 processing for 500 partnerships

“Our tax team processes K-1s from 500 partnerships every year. Each fund administrator formats K-1s differently. Manual data entry took 6 weeks during filing season. AI K-1 OCR processes the entire stack in days, extracting every box value correctly regardless of the K-1 format.”

Investment and accounting firms processing K-1s from multiple partnerships consistently eliminate weeks of manual data entry by switching to AI-powered K-1 extraction.

How K-1 OCR automates partnership tax data extraction

Schedule K-1 forms report each partner's share of income, deductions, credits, and other tax items from partnerships (Form 1065), S-corporations (Form 1120-S), and trusts/estates (Form 1041). During tax season, accounting firms and investment managers receive hundreds or thousands of K-1s from different fund administrators, each formatted differently.

Manual K-1 data entry is time-consuming and error-prone. Each K-1 contains dozens of box values across multiple pages, with supplemental schedules that break down complex allocations. A single transposed digit in Box 1 ordinary income or Box 2 rental income can cascade through the entire return.

AI-powered K-1 OCR from Lido reads any K-1 format automatically. The AI identifies box numbers and their corresponding values regardless of how the fund administrator formats the document. Partner name, EIN, allocation percentages, and every box value are extracted into structured spreadsheet columns.

For related tax document tools, see K1toExcel.com for K-1 to Excel conversion, TaxReturnScanner.com for full tax return digitization, and OCRTaxSoftware.com for general tax OCR. For W-2 processing, see W2Extraction.com.

Compliance

Enterprise-grade security for sensitive tax data

SOC 2 Type 2 certified

Audited security controls for handling sensitive tax data with SSNs and EINs.

AES-256 encryption

Bank-grade encryption at rest. TLS 1.2+ in transit. Authenticated API access only.

24-hour data retention

Documents automatically deleted within 24 hours. No copies remain anywhere.

Frequently asked questions

What is K-1 OCR?

K-1 OCR uses AI to extract data from Schedule K-1 tax forms automatically. It reads partner allocations, income items, deductions, and credits from K-1s issued by partnerships, S-corps, trusts, and estates, outputting structured data to Excel or Google Sheets.

Can K-1 OCR handle different K-1 formats?

Yes. AI reads K-1s from any fund administrator or partnership without templates. Whether the K-1 comes from a major brokerage, hedge fund, real estate partnership, or small business, the AI extracts all box values correctly.

What data does K-1 OCR extract?

All box values: ordinary income, rental income, interest, dividends, capital gains, Section 179, credits, foreign transactions, alternative minimum tax items, and supplemental schedule details. Plus partner name, EIN, and allocation percentages.

Can it process multi-page K-1 packages?

Yes. AI handles multi-page K-1s including supplemental detail schedules, footnotes, and state-specific allocations. All pages from a single K-1 package are extracted as one structured record.

How accurate is K-1 OCR?

95-99% on digital K-1s, 90-98% on scanned copies. Every extracted field includes a confidence score for validation. High-confidence data flows through automatically while flagged items get human review.

Is K-1 data secure during processing?

Lido is SOC 2 Type 2 certified with AES-256 encryption. SSNs, EINs, and income data are encrypted at rest and deleted within 24 hours. Never used for AI training.

Simple, transparent pricing

Start free with 50 pages. Upgrade when you’re ready.

Standard
$29 /month
100 pages per month · 1 user
  • Process any tax document type
  • Export to Excel & CSV
  • Email auto-forwarding intake
  • AI columns for classification
  • SOC 2 Type 2 & HIPAA compliant
Enterprise
Custom
From $30,000/year
  • Everything in Scale
  • Custom ERP integrations
  • Dedicated account manager
  • Live onboarding & support
  • BAA signing for HIPAA
Talk to sales