form 5471 foreign currency exchange rate

Technical topics regarding tax preparation.
#1
Posts:
324
Joined:
26-May-2016 12:01pm
Location:
Oregon
shall common stock use historical foreign exchange rate?( e.g use contributed date or period 's exchange rate) Somehow I have such memory, but when I look 5471 instruction, the instruction didn't mention that.

I used 12/31/2017 rate on other balance sheet items.

Thanks!
 

Return to Taxation



Who is online

Users browsing this forum: actionbsns, chicagocpa, Frankly, Google Adsense [Bot], GRobCPA, jwmatorres, missingdonut, nashtax, NGeorgiaCPA, Nilodop, SumwunLost, Terry Oraha, UnlicensedTaxPro and 102 guests