PARTNERSHIPS · 1065

Every 1065. End to end.

K-1 allocations, partner basis tracking, distribution waterfalls, and filing, handled by an agent that understands partnership complexity.

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Professionals shaking hands after discussing 1065 partnership tax strategies and returns
THE AGENT

One agent.
Every step of the 1065.

Assign an agent to a partnership client. It holds context across the partnership agreement, all partners, allocations, and every K-1. Ask it a question about special allocations or run a full return preparation. It does the work.

  • K-1 generation for every partner
  • Special and targeted allocation tracking
  • Partner basis calculations and limitations
  • Multi-tier partnership support
Instead 1065 agent interface
WORKFLOWS

Pre-built workflows. Click run.

Every step of partnership tax preparation, automated.

Partnership workpapers

Upload partnership agreements, K-1 inputs, and financial statements. Complete workpapers built automatically.

Return preparation

Populates every line of the 1065. Schedules K, K-1, K-2, K-3, and all partner allocations.

Return review

Compliance review of allocations, basis limitations, and at-risk rules. Issues flagged before partner review.

Tax planning

Model distribution scenarios, entity restructuring, and partner-level tax impact. Client-ready deliverables with projected savings.

K-1 distribution

Generate and organize K-1s for every partner. Ready for distribution or import into partner returns.

Tax resolution

Partnership-level IRS notices, BBA audit adjustments, and push-out election analysis. The agent builds the response.

Basis tracking

Continuous partner basis calculations including contributions, distributions, and debt allocations. Updated with every transaction.

Custom workflows

Your firm's partnership process, codified. Describe your workflow and the agent builds it for every client.

TAX DOCS

Every document. Organized automatically.

Upload partnership agreements, financial statements, and source docs. The agent classifies, renames, and organizes everything by tax year and partner.

Auto-classification

Agent organizes partnership docs, K-1 inputs, and partner correspondence.

Version history

Full audit trail on every document. Revert any change at any time.

Cloud integrations

Google Drive · OneDrive · Box · Dropbox. More integrations coming soon.

ALLOCATIONS

K-1s and allocations. Handled.

Partnership allocations are complex. Special allocations, targeted allocations, section 704(b) capital accounts, and substantial economic effect. Instead tracks it all. Generate K-1s for every partner, handle tiered partnerships, and maintain continuous basis calculations throughout the year.

  • Special and targeted allocations
  • Section 704(b) capital accounts
  • Substantial economic effect tracking
  • Multi-tier partnership flow-through
  • Guaranteed payment calculations
Instead K-1 allocation and partner basis tracking
READY TO RUN

Workflows built for partnership returns.

From workpapers to filing, every step of partnership return preparation has a dedicated workflow. Click run and the agent handles the rest.

  • Build a 1065 tax workpaper (TY25)
  • Prepare and review a 1065 return (TY25)
  • Review a 1065 tax return (TY25)
  • Build a partnership tax plan (TY26)
  • Build partner tax estimates (TY26)
  • Implement a tax strategy
  • Tax resolution decision tree
  • K-1 allocation analysis
Instead partnership workflow library
THE GRID

One person.
Thousands of 1065s.

Select partnership clients. Run return preparation across all of them simultaneously. The grid handles every partner, every allocation, every K-1 in parallel.

Instead grid running multiple 1065 returns in parallel
Instead partnership research interface with IRC citations
RESEARCH

Ask any partnership question.

Is a guaranteed payment subject to self-employment tax for a limited partner? How do you handle a partner’s negative capital account on liquidation? The agent pulls cited answers from IRC, Treasury Regs, and IRS partnership audit guides.

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SECURITY

Control who sees what.

User permissions

Owner and Member roles. Control who accesses which clients.

Document permissions

Visibility at the document and folder level. Sensitive returns stay restricted.

SOC 2 Type II

Annual security audit. IRS-authorized e-file. 256-bit encryption.

File tax returns nationwide

First company in decades to receive approvals at every level of government.

Federal
IRS-approved
48+
State jurisdictions
Local
Supported
ALAlabama
AKAlaska
AZArizona
ARArkansas
CACalifornia
COColorado
CTConnecticut
DEDelaware
FLFlorida
GAGeorgia
HIHawaii
IDIdaho
ILIllinois
INIndiana
IAIowa
KSKansas
KYKentucky
LALouisiana
MEMaine
MDMaryland
MAMassachusetts
MIMichigan
MNMinnesota
MSMississippi
MOMissouri
MTMontana
NENebraska
NVNevada
NHNew Hampshire
NJNew Jersey
NMNew Mexico
NYNew York
NCNorth Carolina
NDNorth Dakota
OHOhio
OKOklahoma
OROregon
PAPennsylvania
RIRhode Island
SCSouth Carolina
SDSouth Dakota
TNTennessee
TXTexas
UTUtah
VTVermont
VAVirginia
WAWashington
WVWest Virginia
WIWisconsin
WYWyoming
PRICING

The software is free. You pay for the agent.

File any 1065 by hand at no cost. When you want the agent to handle K-1s, allocations, and basis tracking, pay per credit.

File any return

Free forever.

Run the agent

Pay per credit.

See the 1065 agent in action.

Watch Instead prepare a partnership return with multi-partner allocations
and K-1 generation.

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