LCAnderson
Level 1
02-22-2023
09:49 PM
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Form 5472 Part II (25% foreign SH), unlike UT and Drake, Lacerte only shows the information for 2 foreign Shareholders. But if there are more than 2, it does not create an additional statement to include the 3rd or 4th sharehoder.
There should be a way to add up to 4 if it's 25% or more, correct? We could do this in Drake...
We are new to Lacerte and I searched for an answer but most people were asking how to fill out the form itself than the functionality.
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