Screen 5471-8 - Summary of Shareholder's Income from Foreign Corporation (1065)

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Schedule I - Summary of Income From Foreign Corporation

Subpart F dividend from sale of stock / ... / Exchange gain (loss) on distribution of previously taxed income
Use the statement for
Subpart F dividend from sale of stock
to enter each shareholder's share of income (in U.S. dollars) from the foreign corporation. If you enter more than one shareholder, the application automatically completes a separate Schedule I Worksheet for each shareholder. If you enter only one shareholder, the application shows the information directly on Schedule I.
note
The income from Form 5471, Schedule I doesn't automatically transfer to Schedule K, lines 11 and 20a. Enter
I
(Include) in the
Report on Schedule K
column in the statement for
Subpart F dividend from sale of stock
to transfer income for the selected shareholder to Schedule K.

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