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I very much appreciate your thoughtful reply. Seems to me the key is the attribution rules you mentioned under 958(a) and I will give more consideration to whet...
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I agree with that but the S corp has completed and attached to K-1 form 8858 as if the shareholder has to file as well. When you look at 8858 instructions item ...
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I mis-stated my question. I'm trying to determine if an individual owner of a US S corp which owns a UK disregarded entity must file form 8858. The S corp prepa...
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I have K-3 for 1120-S but do not see any input areas in 1040 module to enter this information. Has anyone dealt with this?Ron
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thanks for the reply.It took 5 different individuals and many hours butsomeone at proconnect finally did figure out and fixthe problem.