Pylance requires you to set the Python PATH:
If you're in Mac/Linux, use:
which python3
And in Windows (Command Prompt cmd.exe):
where python
So that the path in which your Python is installed is returned.
Copy that path.
Go to your vscode and open the settings.json file (CTRL + SHIFT + P, and type "settings.json" at search bar)
Add the following key to the json file:
"python.defaultInterpreterPath": "<PATH RETURNED ABOVE>"
The path may look like
"C:\\Users\\YOURUSERNAME\\anaconda3\\bin\\python.exe on Windows or "/usr/local/bin/python3" on Mac/Linux.
Note: backslashes in settings.json must be escaped with an additional backslash, so C:\Users becomes "C:\\Users".
The following documentation provides more information about how to configure Python for Visual Studio Code: https://code.visualstudio.com/docs/python/settings-reference
Answer from Vitor Pereira Barbosa on Stack OverflowPylance requires you to set the Python PATH:
If you're in Mac/Linux, use:
which python3
And in Windows (Command Prompt cmd.exe):
where python
So that the path in which your Python is installed is returned.
Copy that path.
Go to your vscode and open the settings.json file (CTRL + SHIFT + P, and type "settings.json" at search bar)
Add the following key to the json file:
"python.defaultInterpreterPath": "<PATH RETURNED ABOVE>"
The path may look like
"C:\\Users\\YOURUSERNAME\\anaconda3\\bin\\python.exe on Windows or "/usr/local/bin/python3" on Mac/Linux.
Note: backslashes in settings.json must be escaped with an additional backslash, so C:\Users becomes "C:\\Users".
The following documentation provides more information about how to configure Python for Visual Studio Code: https://code.visualstudio.com/docs/python/settings-reference
Also, on some occasions, you might have configured your environment by adding custom paths that Pylance can not detect.
In that case, you can use the python.analysis.extraPaths parameter to add more paths to your project, such as :
"python.analysis.extraPaths": ["app", "another/path/etc"]
(Source: https://dev.to/climentea/how-to-solve-pylance-missing-imports-in-vscode-359b)
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Videos
I have created a virtual environment and chosen the python version inside the virtual environment as my interpreter in vs code. However, when I import module the module name is underlined in orange and it says Import "module" could not be resolved Pylance(reportMissingImports) but the code still runs perfectly. (The code runs but the intellisense does not work)
When I use the global python version as the interpreter, the orange line is not longer there. Any advice on how to resolve this orange squiggle line?
Open the Command Palette (Ctrl+Shift+P), then select the Python: Select Interpreter. From the list, select the virtual environment in your project folder that starts with
.env.Run Terminal: Create New Integrated Terminal (Ctrl+Shift+` or from the Command Palette), which creates a terminal and automatically activates the virtual environment by running its activation script.
Install
sqlalchemyandmongoenginewith commandpip install. Once installing them successfully, there will intellisense when you import them and no warnings shown.

Besides, the folder .vscode is to store Workspace settings as well as debugging and task configurations.
To resolve the issue, perform the following steps:
- Open the Command Palette by pressing Ctrl+Shift+P on your keyboard.
- In the Command Palette, select Python: Clear Cache and Reload Window.
check them 🤘👨💻
https://marketplace.visualstudio.com/items?itemName=ms-python.vscode-pylance
https://devblogs.microsoft.com/python/announcing-pylance-fast-feature-rich-language-support-for-python-in-visual-studio-code/