Navigating IRS Form 5471 Schedules E and E-1

Описание: In this video podcast, tax attorney Anthony Diosdi provides an in-depth overview of Schedule E and E-1 for IRS Form 5471, focusing on the complexities of reporting foreign source income, understanding foreign tax credits, and navigating the intricacies of the PTEP ordering rules. The discussion emphasizes the importance of seeking professional guidance when preparing these schedules.

Chapters:
00:00 Tax Counsel with Anthony Diosdi
00:16 Introduction to Form 5471 Schedules E and E-1
03:40 Part 1. Taxes for Which a Foreign Tax Credit is Allowed
07:09 Section 2 - Taxes Deemed Paid / Intro to PTEP
08:43 Part II Election
09:48 Part III. Taxes for Which a Foreign Tax Credit is Disallowed
11:21 Schedule E-1
19:25 Schedule E-1 Part 1 Columns
31:11 Schedule E-1 Lines
35:28 Wrap Up
36:07 sftaxcounsel.com

Connect:
Website: https://sftaxcounsel.com/
LinkedIn:   / anthony-v-diosdi  

Disclaimer:
The information provided in this video podcast is for general educational purposes only and does not constitute legal or tax advice. Please consult with a licensed attorney in your jurisdiction regarding any legal matter or before making any decisions based on the information presented here. Watching this video or listening to this podcast does not create an attorney-client relationship between you and Anthony Diosdi. Use of this information is at your own risk.

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