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E
ExPat Vet CPA
Level 2
August 5, 2021
Question

Why didnt the form 571 from 2019 roll up into the file for 2020?

  • August 5, 2021
  • 3 replies
  • 7 views
CFC Form 5471 is a dozen pages... a pain to reproduce every year.
    This topic has been closed for replies.

    3 replies

    abctax55
    abctax55
    Level 15
    August 5, 2021

    Others have asked:

    https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/form-5471-data-from-2019-did-not-transfer-to-2020-in-proseries/00/171935

    HumanKind... Be Both
      PATAX
      PATAX
      Level 12
      August 5, 2021

      May not be a top priority for Intuit since majority of tax preparers probably do not need that form...

      U
      UT1977
      Level 2
      August 5, 2021

      All of the Form 5471 data transferred from 2019 Form 1120 module to 2020 Form 1120 module. However nothing transfers from the 2019 Form 1040 module to the 2020 Form 1040 module. ProSeries was the last tax software to include the Form 5471 series and now it looks like they can't even do the basic programming of transferring all data from one year to the next. 

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