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Do I need to file Form 5472?
I'm trying to determine if I need to file form 5472 for our LLC. Do all foreign-owned LLC need to file this form solely based on the fact that there's more than 25% of foreign ownership or there are additional requirements? Another question: does TurboTax Business advise if this form needs to be filed based on the information about the members and their contributions, etc?
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ā€ˇFebruary 25, 2020
11:13 AM