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Level 4
January 13, 2021
Solved

Form 8621 rollover from 2019 to 2020

  • January 13, 2021
  • 11 replies
  • 39 views

Will the tax programme rollover data from 2019 Form 8621 to 2020 or does everything have to be reentered?  Thanks

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Best answer by SDJayhawk

The year-to-year converter issues with Form 5471 and Form 8621 are noted and the development team estimates a fix by the end of the month.   

 

11 replies

Just-Lisa-Now-
Intuit Community Champion
January 13, 2021

There's another thread asking the same thing about the 5471, you may want to scroll down the list of posts and tag onto it since therye both relating to foreign income.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
mark8Author
Level 4
January 13, 2021

Thank you for the message I will attempt to transfer again and see if that makes a difference.  Might have to wait for a later version to be updated.

Just-Lisa-Now-
Intuit Community Champion
January 13, 2021

Add onto this thread, I think an Intuit employee is checking on the 5471 issue of not rolling over....maybe you can get them to check on your 8621 form as well

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/form-5471-rollover-from-2019-to-2020-current-complete-lack/00/113885

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
SDJayhawk
SDJayhawkAnswer
Level 5
January 14, 2021

The year-to-year converter issues with Form 5471 and Form 8621 are noted and the development team estimates a fix by the end of the month.   

 

mark8Author
Level 4
February 1, 2021

I know it is going to be sorted out nowbut does that mean I have to rollover the 2019 again in order to activate the update please?