Music well this is my little video arm scheduled whole for four five four seven one it's a two-page form it is loud in the year that a shareholder acquire shares of a foreign corporation the first year of a lien is when the shareholder cries 10% or more of the foreign corporation and then it's filed any year after that where Borchers are acquired or disposed of so stas are pretty easy here at line one the name of the person fali that's me Brian Dooley in this example we have the name of the foreign corporation international tax counselors limited I'm going to put in the tax ID quite often this name could be that of a another corporation like a c-corporation the laws a little unclear as to what happens if it was a s corporation will not post the corporation and the u.s. shareholders file the form so the safest thing to do is to file at twice be I'm so a part one here to be completed by us officers in my example I am an officer if I was not an officer it would be left blank so this is only done by the officers and the name of the shareholder the address ID number when this first stock was acquired so that would be the first year of the incorporation and the fouling year is to call them either then we get them to be completed by us shareholders once again my name in ID number goes over here type of form dates out quite often the form for the current year is not filed yet here in our example it's 2024 Ogden Utah I'm sorry let me say that differently the date where the last year's income tax return was found so...
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Video instructions and help with filling out and completing What Form 1120 Schedule M 3 Subsidiary
