Thanks for your reply, pk. My business is a one-person FDE. An FDE can be a foreign company operated in a foreign country by a US citizen. I selected FDE status on form 8832.
The question I need help with is on 8858 Schedule H. Form's instructions say that Inventory must be taken into account. I am asking how do I do that? My inventory was purchased in 2023 and none of it was sold in 2023. So do I have to enter something about this as an addition or subtraction in Schedule H? The 8858 instructions are very inadequate and no help at all.
Thanks, I hope I have clarified for you that it IS an FDE and I need help with one specific question about whether unsold inventory should be entered on 8858 Schedule H as an addition, a subtraction, or not entered at all?
