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Where do I enter controlled foreign corporation info?
I'm looking at purchasing shares in a foreign company.
I would then have more than 50% shareholding and understand that means that I have to report financials of that company as a CFC (Controlled Foreign Corporation).
I want to explore consequences of this but cannot see where this information needs to be updated in Turbo Tax (Basic)
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‎June 4, 2019
12:47 PM