Form 5472 Filing Scenarios

    Find your situation below to understand your specific IRS compliance requirements.

    Zero-Activity LLC

    Your LLC had no transactions or business activity during the tax year.

    Requirement

    Still required to file Form 5472

    Even with zero revenue, expenses, or transactions, foreign-owned single-member LLCs must file Form 5472 annually.

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    Capital Contributions & Distributions

    You invested capital into your LLC or took distributions from it.

    Requirement

    Must report all capital movements

    Capital contributions from a foreign owner and distributions to a foreign owner are reportable transactions on Form 5472.

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    Foreign-Owned LLC (Parent Company)

    Your US LLC is owned by a foreign corporation rather than an individual.

    Requirement

    Corporate ownership reporting required

    When a foreign corporation owns your LLC, additional information about the corporate structure must be reported.

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