ST Alpha - "It's draft Form 5471 Instructions day! What are you doing to celebrate?" (Reading a Post)

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It's draft Form 5471 Instructions day! What are you doing to celebrate?

Posted by spamlet Nov 30 '21, 06:44

I assume my senior is drinking heavily after reading the "What's New"

Responses:

next year it'll be a thing and i'm less than thrilled -- nm - colinberry sauce Nov 30, 08:34
being thankful I'm not a tax accountant -- nm - Beaker Nov 30, 07:34
I don’t know, it all seems pretty straightforward to me. - znufrii Nov 30, 06:57 4
- The categories of filers isn't even straightforward! -- nm - ty97 Nov 30, 07:00 3
  - This is why international tax people drink -- nm - spamlet Nov 30, 07:09 2
    - Or, it’s why alcoholics go into international tax, so they have a plausible excuse for their drinking? -- nm - znufrii Nov 30, 07:33 1
      - Tomato tomato -- nm - spamlet Nov 30, 07:59
The web version only has the January 2021 revision! -- nm - ty97 Nov 30, 06:53 8
- "On page 5 of Form 5471, five questions on Schedule G pertaining to cost sharing arrangements have been moved to new separate Schedule G-1" - ty97 Nov 30, 06:55 5
  - "Changes to separate Schedule R." HOW MANY SCHEDULES ARE THERE -- nm - ty97 Nov 30, 06:57 4
    - Oh, you sweet summer child. - spamlet Nov 30, 07:04 3
      - I mean the header should have given you a clue. - spamlet Nov 30, 07:06 2
        
        I both wish I understand this and am SO happy I never went into tax -- nm - ty97 Nov 30, 07:10 1
        
        Honestly, for someone going into tax I’d suggest they master this form (and it’s partnership equivalent) - spamlet Nov 30, 07:13
- oh wait there's the draft. The What's New section is....why is it so many words?! -- nm - ty97 Nov 30, 06:54
- You gotta get into the draft area! -- (link) - spamlet Nov 30, 06:53
Maybe it's just me, but I didn't think they seemed too bad? -- nm - MDH Nov 30, 06:52 1
- I just assumed but maybe they're giving us a year off after last year. I'm on a call and haven't gotten to look yet. -- nm - spamlet Nov 30, 06:52

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It's draft Form 5471 Instructions day! What are you doing to celebrate?

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