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K1x Ideas
Status Ready to Plan
Categories K1 Aggregator
Created by Guest
Created on Jan 22, 2024
Merged idea
This idea has been merged into another idea. To comment or vote on this idea, please visit IDEA-I-112 Improved Foreign Form Generation.

Foreign Form Hub - non-investments - 8858, 5713, 5471 Merged

Describe your idea. The more information you provide, the clearer picture of your idea we will have.

A module that provides input / review for non-investment driven foreign disclosures such as the Form 8858, 5471, 5713

How will this idea help you and potentially others? Understanding how things are done today, where the pain is, and how the idea is beneficial puts us in your shoes.

Many clients have operations outside of investments that require these filings which are attached to the 990 or 990-T. There is a big need to these forms to be available.

Who will benefit from this idea? Whether it's specific roles of users, users of a specific product, or certain departments/markets, this helps us know who to talk to when we need more information.

Tax filers with foreign branches, foreign corporations, foreign operations, etc.

How do you envision this idea being implemented at K1x? You're the expert and understanding how you see this working helps kickstart the idea.

This should be a separate module since the filings may be required on the 990 if there is no 990-T.