schedulek-1.com

What It Is

ScheduleK-1.com is operated by Internet Tax Information Processing Services, Inc. and is positioned as a service for simplifying K-1 tax compliance and tax preparation workflows. It serves K-1 issuers, recipients, and developers of 1040/1065 tax software, with an emphasis on processing and exchanging K-1 data in a tax-software-agnostic way. The site states that it has long been involved with the FDX standards organization and uses technologies such as FDX tax APIs, QR Codes, JSON, and Intelligent Tax Documents.

Core Features and Integrations

Its core capabilities include submitting 1065 MeF XML files for processing, hosted K-1 import, generating K-1 JSON files, generating Intelligent PDF files, and supporting K-1 import into 1040 tax software. For developers, it provides an API Client Id and Key, Java sample client code, and a K-1 display web component based on HTML canvas. Third-party integrations are mainly centered on tax software vendors and the FDX standard, making it suitable for software products that need to embed K-1 data into tax filing workflows.

Pricing and Trial

Pricing is relatively transparent and usage-based. 1065 Intelligent K-1 Production has a base fee of $10 per 1065, while hosted import, JSON generation, and Intelligent PDF generation are each priced at $0.50 per K-1. Import into 1040 software costs $0.25 per K-1, but requires a $2,500 non-refundable deposit, which can be applied to future imports and does not expire. The K-1 display web component is priced at $1,600. The page does not disclose any free plan or trial arrangement.

Security, Deployment, and Limitations

Data is hosted on Google Cloud Storage and Data Store. The service says it uses Google’s security measures, restricts access to projects and data, and automatically deletes data after a specified lifecycle. However, the company explicitly states that it currently has no SOC2 Type II or other security audit certification, which is a significant limitation for financial, accounting, and enterprise customers. In terms of deployment, in addition to cloud services, the text mentions Docker offerings that allow companies to run the code in their own systems. In terms of feature coverage, state-level K-1 is not currently supported, and K-3 support must wait until the FDX standard is finalized.

Pros, Cons, and Best Fit

Its strengths are a highly focused niche, a clear pricing structure, well-defined developer documentation and API capabilities, and adoption of industry standards. Its drawbacks include limited compliance certifications, a lack of information on enterprise permissions and collaboration, a relatively high deposit requirement, and support coverage that remains dependent on the maturity of industry standards. It is better suited to U.S. tax software vendors, K-1 issuers, and accounting technology teams, rather than general-purpose SaaS users among ordinary SMBs.

Access from China

The website does not provide information about access from China, RMB payments, or localization, and its actual accessibility is unknown. Because the service is highly tied to the U.S. tax system, including the IRS, K-1, and 1040/1065 filings, it has limited applicability for Chinese companies unless they handle U.S. partnerships or U.S. tax filing-related work. Comparable alternatives include tax software or tax collaboration platforms such as TaxDome, Canopy, UltraTax CS, CCH Axcess, and Drake Tax.