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How to generate Schedule B for Form 5471 in ProConnect

SOLVEDby IntuitUpdated August 17, 2023

Follow these steps:

  1. Go to Input Return Miscellaneous Forms Information of US Persons (5471)
  2. In the Filer's Information subsection, select the applicable Category Filer boxes for Schedule B:
    • Category 3 filer
    • Category 4 filer
      • Only Category 3 and 4 filers are required to complete Schedule B.
      • If Category 3 or 4 isn't checked, Schedule B won't generate.
  3. Select Sch. B - US Shareholder of Foreign Corporation from the left panel.
  4. Enter the Filer name or number (MANDATORY if multiple filers).
  5. Complete all other applicable information.

For more information see How to generate Form 5471 in ProConnect Tax.

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