K1x

TL;DR

End-to-end AI automation for alternative-investment tax data
Extracts, aggregates & files K-1s, K-3s, 1099s and 990s in seconds
Reduces manual effort by up to 90% and cycle time by 66%
Ideal for fund administrators, accounting firms & large institutional investors

What is K1x

K1x is an enterprise-grade, AI-driven corporate tax software platform that digitizes, extracts and distributes alternative-investment tax data—including K-1, K-3, 1099 and 990 forms—at scale. Built for advisors, fund administrators and institutional investors, the patented system automates data capture, validation, reporting and e-filing across 47 state and federal jurisdictions, slashing manual workload, accelerating compliance cycles and improving accuracy. K1x sits in the AI Tax Automation category and offers modular products such as K1 Aggregator®, K1 Creator® and 990 Tracker®.

Key Features

K1 Aggregator® – Automatically receives, digitizes and summarizes K-1 and 1099 PDFs with 100 % data extraction and executive highlights.
K1 Creator® – Generates fully digital investor K-1 packages (Forms K-1, K-2, K-3) plus footnotes and allocations, exportable as PDF or .k1x files.
990 Tracker® – Streamlines IRS-approved e-filing for 990, 990-PF, 990-EZ, 990-T and 4720 forms across all 42 state taxing jurisdictions.
AI-Powered Data Extraction – Patented engine captures K-1 data in ~11 seconds with ~100 % accuracy, cutting manual entry by 90 %.
Multi-Jurisdiction Support – Handles 259 tax forms and 47 state & federal jurisdictions for complete compliance coverage.
Integrations & API – Pre-built connectors and a robust REST API sync tax data with existing accounting, document-management and portal systems.
Role-Based Workspace – Centralized, auditable workspace for advisors and investors to collaborate, review and approve filings.
Security & Compliance – SOC-compliant architecture with granular permissions, encryption and dedicated Trust Center.

Who is K1x for?

Fund administrators and alternative-investment managers
Public accounting and tax advisory firms
University endowments & nonprofit investment offices
Family offices managing complex partnership schedules
Corporate finance and tax departments with large alt-asset portfolios

Key Use Cases & Applications

Automating receipt and aggregation of thousands of investor K-1 forms during tax season.
Producing digital-first K-1 packages for limited partners with instant PDF export.
E-filing complex 990 returns across multiple entities and jurisdictions.
Extracting 1099 income data to feed downstream tax provision software.
Providing auditors with a centralized, transparent audit trail of all tax data changes.

Pros

Patented AI engine delivers near-instant, highly accurate data extraction.
Comprehensive coverage of K-1, K-3, 1099 and 990 workflows in one platform.
Modular products allow granular adoption based on organizational needs.
Robust API and integrations simplify deployment into existing tech stacks.
Demonstrated ROI with 66 % cycle-time reduction and 11-hour weekly time savings.

Cons

Enterprise-focused feature set may exceed the needs of small firms.
Initial onboarding and data migration can be resource-intensive.
Full functionality relies on integration with other accounting systems.

Pricing Info

Pricing is not publicly available, You need to contact them.

FAQs

Does K1x offer a free trial?

K1x does not advertise a free trial; prospective customers can schedule a live demo or participate in a “K-1 Test Drive” where up to 10 K-1 PDFs are processed in real time.

Which tax forms are supported by the platform?

The system supports 259 federal and state tax forms, including K-1, K-2, K-3, 1099, and the full 990 series (990, 990-PF, 990-EZ, 990-T, 4720, 8868).

Can K1x integrate with my existing tax or accounting software?

Yes, K1x provides out-of-the-box integrations and a REST API to connect with popular accounting platforms, document portals and data warehouses.

How accurate is the AI data extraction?

K1x reports ~100 % accuracy and an average extraction time of 11.18 seconds per K-1, significantly reducing manual review.

Is the platform secure and compliant with industry standards?

K1x maintains a dedicated Trust Center, follows SOC-compliant practices, uses encryption in transit and at rest, and provides role-based access controls for enterprise-grade security.

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