Form 5472, filed correctly for your foreign-owned LLC.
The annual information return that catches many foreign-owned single-member LLCs, prepared with the supporting pro forma 1120.
What this service covers.
A foreign-owned single-member LLC that is disregarded for US tax still has an annual information return obligation. Form 5472 reports transactions with the foreign owner and related parties.
Missing the form can trigger a substantial penalty, and the definition of a reportable transaction is broader than many owners expect.
The work we handle for you.
Every engagement is quoted on a fixed scope, so you know exactly what is covered before we begin.
- Reportable transaction review
- Form 5472 preparation
- Pro forma Form 1120
- Filing and deadline coordination
- Penalty risk guidance
Often arranged alongside this.
Form 5472 + pro forma 1120 questions
Who must file Form 5472?
Foreign-owned single-member LLCs and certain foreign-owned corporations with reportable transactions.
What is a reportable transaction?
Transactions with the foreign owner or related parties, including contributions, distributions, loans and payments.
What is the penalty for missing it?
The penalty can be substantial per form, so the filing should not be treated as optional.