How to File Form 5472 and 1120 Pro-Forma for Single Member Foreign-Owned US Disregarded Entity
A complete guide to tax implications, disregarded entities, Form 5472 and Pro-Forma Form 1120 requirements, deadlines, and ways to complete the filing.
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Resources and guides for foreign-owned LLC tax compliance
Penalty for Not Filing Form 5472 (Foreign-Owned LLCs Explained)
The IRS penalty for not filing Form 5472 starts at $25,000. Learn who must file, why foreign-owned LLCs miss this requirement, and how to stay compliant.
Do I Need to File Form 5472 If My LLC Had No Activity?
Form 5472 may be required even if your LLC had no income or operations. Learn when you must file and why "no activity" often does not mean "no filing."
IRS Form 5472 Filing Deadline & Extension Guide (2026 Tax Year)
The 2026 filing deadline, how to extend with Form 7004, and the correct way to file Form 5472 + pro forma Form 1120 to avoid the $25,000 penalty.
Reportable Transactions on Form 5472 (Complete Guide)
Learn what counts as a reportable transaction (and what does not) for Form 5472, where it’s reported on the form, and how the pro forma Form 1120 fits in.
What Is IRS Form 5472?
A complete guide to understanding Form 5472, who needs to file it, and why the IRS requires this information return.
Foreign-Owned Single-Member LLC Tax Requirements (Form 5472 Explained)
Understanding tax requirements for foreign-owned single-member LLCs, including Form 5472 filing obligations.
Form 5472 Penalties Explained
Learn about Form 5472 penalties, including the $25,000 penalty for non-compliance and how to avoid them.
What Is a Pro Forma Form 1120?
Learn about Pro Forma Form 1120, when it's required with Form 5472, and how to file it correctly.
Do Foreign Owners of U.S. LLCs Need to File U.S. Taxes?
Understanding when foreign owners of U.S. LLCs need to file U.S. tax returns and what forms are required.