Welcome back! Ask questions, get answers, and join our large community of tax professionals.

2006363

2006363

The following diagnostic is generating:

Form 5471 # {PrefixNum} indicates that the foreign corporation is the tax owner of a Foreign Disregarded Entity (FDE) and the taxpayer is a category 4 or 5 filer. Generally, form 8858 Information Return of US persons With Respect to Foreign Disregarded Entities is required to be attached to form 5471.

Solution:

Critical Informational diagnostic. It will not stop efiling of this return.

Labels (2)