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May 21, 2024
Question

Does Turbo Tax Desktop 2023 support Form 5472

  • May 21, 2024
  • 1 reply
  • 0 views

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.

    1 reply

    DoninGA
    Employee
    May 21, 2024

    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

    March 14, 2025

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