Lacerte 2024 — Form 5471 not generating Schedule C and Schedule F for Category 5a filer

[SylviaD]

Hello,

I’m working on Form 5471 for a Category 5a filer in Lacerte 2024, and the program is not generating Schedule C and Schedule F.

According to Lacerte’s built-in requirements, these parts are marked as not required for Category 5a filers.
However, per IRS instructions, both Schedule C (Income Statement) and Schedule F (Balance Sheet) are required for Category 5a filers.

Here are the details:

• Return type: Individual return (Form 1040) with Form 5471 attached

• Category: 5a filer (U.S. shareholder of a CFC)

• Input: All shareholder and corporation information entered, including balance sheet and income data

• Issue: Schedules C and F do not appear or print even though IRS instructions say they must be included

• What I tried: Verified filer category, checked “Generate all required schedules,” and reviewed all Form 5471 input screens — no change

Has anyone found a way to force Lacerte to generate Schedules C & F for Category 5a?
Or is this a software limitation that still needs to be addressed in Lacerte 2024?

Thank you!
— Sylvia D.