Common questions for Form 5471 foreign corporation information

U.S. taxpayers who are officers, directors, or shareholders in certain foreign corporations, are required to file Form 5471. The form satisfies the reporting requirements of sections 6038 and 6046, and related regulations, as well as reporting amounts related to section 965.

Click the links below to see solutions for frequently asked questions concerning foreign corporation information and Form 5471.

• Generating Form 5471 Category 3 Filer Statement of Indebtedness with a Foreign Corporation
• Generating and Generating Form 5471, Information Return of U.S. Persons in Lacerte
• Troubleshooting Lacerte diagnostic ref. 2007263 – Schedule E for Form 5471
• How to generate Schedule B for Form 5471 in Lacerte
• Form 5471 Schedule H Not Generating
• Calculating income into US dollars on Form 5471, Schedule C Income Statement in Lacerte