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CoCounsel Legal
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Powerful software designed for law enforcement, compliance, risk, and fraud investigators. Conduct thorough investigations with ease using our intuitive online investigation software. Efficiently, prevent, detect, and solve crime.
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2026 SKILLS showcase
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Ghosts on the ledger
Payroll fraud is a major compliance risk. Learn how payroll analytics and AI-powered tools can help exorcise phantom employees and employers.
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Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Screen 5471-6 – Summary of Shareholder’s Income from Foreign Corporation (1120)
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Schedule I - Summary of Income From Foreign Corporation
Summary of income items
Enter information in the statement to print a separate Schedule I worksheet for each person described in Category 4, 5a, or 5b. Enter the amounts in U.S. dollars. The total amounts automatically transfer from the statement to the respective lines on Schedule I. If you do not want to print separate Schedule I worksheets, do not enter information in the statement dialog; instead, enter the amounts on the face fields.
Explanation of foreign corporation income
Enter an explanation in the statement dialog if any of the foreign corporation income was blocked or became unblocked during the year.