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Level 3
March 26, 2023
Question

FORM 5471 SCH G-1

  • March 26, 2023
  • 2 replies
  • 11 views

Im receiving ref #2056586 with regards to form 5471 Sch G-1.  Sch G-1 has to do with cost sharing arrangement (CSA).  #2 on sch G-1 is marked "No" foreign corp did not participant in any CSA.  this form is completed is actually as in the last 5 years, but this year im getting a critical diagnostic Sch G-1 is not completed.  the diagnostic says it must be completed if participant in CSA.  #2 is marked No CSA this year.

 

help

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2 replies

Level 4
April 13, 2023

Hello,

Schedule G-1 diagnostic will trigger when you answer yes on question #7 and no Schedule G-1 triggered on that particular Form 5471. If you have multiple 5471, please make sure that Schedule G-1 is assigned or linked to the right Form 5471.

Level 2
September 19, 2023

The G-1 is being triggered even though the answer to Question #7 is input as "NO".  Getting same diagnostic ref # 2056586

Joni T EAAuthor
Level 3
September 20, 2023

Unfortunately i never got anyone from Lacerte who had the knowledge on how to fix this.

Level 2
September 19, 2023

Hi Did you ever resolve this issue?  I have the same diagnostic!!!