Screen 5471-7 - Current Earnings and Profits (1065)

Schedule H - Current Earnings and Profits

Use this screen to enter information for Form 5471, Schedule H. A category of income must be selected for each unit of the input screen.
Enter the amount in U.S. dollars if the foreign corporation uses the U.S. dollar approximate separate transactions method (DASTM); otherwise enter amounts using foreign currency.
Enter amounts in foreign currency if the foreign corporation does not use the DASTM method of accounting for Schedule H. If the corporation uses the DASTM method of accounting, enter amounts in U.S. dollars.
Enter the amount of DASTM gain or loss reflecting unrealized exchange gain or loss for foreign corporations that use the DASTM method of accounting.
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