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New Member
posted May 21, 2024 7:48:32 AM

Does Turbo Tax Desktop 2023 support Form 5472

I need to file For 5472 for a business alongwith Form 1120. I do not see Turbo Tax supporting this form 5472. What other options do we have? Thanks.

0 2 5366
2 Replies
Level 15
May 21, 2024 7:55:17 AM

TurboTax does not support IRS Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business

 

Go to this IRS website for the Form 5472 - https://www.irs.gov/forms-pubs/about-form-5472

Level 2
Mar 14, 2025 9:21:39 AM

Wish I would have known this before buying Turbo Tax, since TaxAct does support it