Overdue filing

You missed a year. Here is what happens now.

If you missed a required Form 5472 filing, it can still be submitted. We help you check the relevant tax year and prepare a complete, accurate package. If you have an IRS notice, share it in your task so we can identify the filing issue.

What being late actually costs

Penalty for a required Form 5472 filed late or missing: $25,000

Each required annual filing is considered separately. No sales does not by itself remove the filing requirement; genuinely no reportable transactions should be reviewed for an exception.

And it can keep growing

If the failure continues more than 90 days after IRS notification, additional $25,000 penalties can apply for each related party for each 30-day period or part of one after that 90-day period.

Submit a complete and accurate required return

A substantially incomplete Form 5472 can count as a failure to file. We review the information package before submission. Filing does not automatically remove an existing penalty.

What we will not promise you

This service prepares and submits the overdue required return. It does not include penalty disputes or applications for penalty relief, and filing late does not automatically remove assessed penalties. If you received a penalty notice, consult a US CPA or enrolled agent about the response and any available relief.

How it works

1
Order the oldest year first

One order per tax year. If you missed several, start with the earliest — it is the one that has been running longest.
2
Answer the same short form

Enter the year-end total assets and owner funding or distributions for that year. The form explains each amount. If there were no reportable transactions, tell us so we can check whether a filing exception applies.
3
We file it as quickly as we can

Overdue years are worked ahead of anything not yet due, and the transmission confirmation goes straight to your dashboard.

Need a year that is not on the list? Email us before ordering and we will tell you whether we can prepare it — the IRS requires that year's own version of the form, so it depends on the year.

Not sure what these words mean?

Tap any of them for a plain-language explanation.

Important

SpeedEIN is a document preparation service, not a law firm or a CPA firm, and we are not affiliated with the IRS. We prepare the return from the information you give us and send it in. We do not represent you before the IRS.