IRS Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations, is filed by a "U.S. person" (defined in the form instructions) who is an officer, director, or shareholder in a foreign corporation. This form satisfies their reporting obligations under IRC sections 6038 and 6045.
Form 5471 is outside the scope of TaxSlayer Pro. If it's required, it can be completed at the IRS website here and saved in PDF form suitable for attaching to the tax return.
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