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Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

When transmitting 1120S and 1065 returns to NetClient CS portals, UltraTax CS also sends the K-1 package to the portal ONLY IF the partner or shareholder is also a 1040 client (or other entity) with the same SSN/EIN in the current year of UltraTax CS.

If the 1040 client does not have a NetClient CS portal, then a portal is automatically created when the K-1 package is transmitted.

You may choose to exclude all or selected K-1 packages from sending to the portal, which also prevents the automatic creation of a NetClient CS portal.

Per Client Setting

To exclude the K-1 package from sending to the portal for a partner or shareholder on a per client basis:

1. Choose File > Print Returns.
2. To send the return to the portal, mark the checkboxes "Client copy" and "Electronic Delivery" and select the radio button "Web."
3. Click Options.
4. Click the Selected Packages tab.
5. Unmark the checkbox for the partner(s) or shareholder(s) you do not wish to send the K-1 package to the portal (depicted in screenshot below).
6. Click OK.
7. Click Print or Assemble.
8. Transmit the return to NetClient CS via CS Connect.

Global Setting

You may also exclude the K-1 package from sending to the portal for a partner or shareholder for all clients by removing the partner or shareholder package from printing with the client collations.

For 1065 clients:

1. Choose Setup > 1065 Partnership > Collation > Tax Return > Client tab. 
2. Find Partner Package in the list and set the print condition to Never.
3. Click OK. 

For 1120S clients:

1. Choose Setup > 1120 Corporation > Collation > Tax Return > Client tab. 
2. Find Shareholder Package in the list and set the print condition to Never.  
3. Click OK.

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