Service
Annual information reporting for your foreign-owned US LLC
For a foreign-owned US single-member LLC with default disregarded-entity tax treatment, reportable transactions with its owner can require Form 5472 with a pro forma Form 1120. Our fee covers preparing and submitting that information package.
Deadline: April 15 every year · Penalty for missing it: from $25,000
A required filing can carry a penalty even when the LLC owes no income tax. If you had no reportable transactions, ask support to check whether a filing exception applies.
Why does my company have to do this?
A single-owner US LLC normally has default disregarded-entity treatment unless it elected corporate taxation. The LLC is generally not a separate federal income taxpayer: its income tax position passes to its owner.
Form 5472 reports related-party transactions. The pro forma Form 1120 is its accompanying identification page. This package does not calculate income tax payable. US-source income, US business activity, withholding, state taxes, or taxes in your own country may still need separate treatment.
Still an LLC, but elected corporate taxation?
The name LLC does not tell us its federal tax treatment. A corporate election, for example Form 8832, can make a regular corporate Form 1120 and corporate income tax rules apply. This simplified 5472 + pro forma 1120 package is then unsuitable. Tell us about any election or change during the tax year before paying.
Address change (8822-B) · Tax election (8832) →Why these two forms, and not a personal tax return?
Form 5472 + Form 1120 — about the company
For this service, Form 5472 reports the LLC's transactions with its foreign owner and is attached to a pro forma Form 1120. These are information-reporting documents. They do not replace any separate income tax, withholding, or state filings that may apply.
Form 1040 / 1040-NR — about a person
These are personal income tax returns. Form 1040 is for US citizens and US tax residents; Form 1040-NR is for non-residents who have US income the US can tax. Owning a US LLC does not by itself put you in either group, and neither form is part of this service.
So do I need an SSN or an ITIN?
You do not need to obtain an SSN or ITIN just for this information package. If you already have one, tell us. Otherwise the return uses an owner reference ID as well as any applicable foreign tax number. Personal US tax filing obligations require a separate review.
What we need from you
- •Your LLC's name and its EIN.
- •Your tax number in your own country, and where you live.
- •Year-end total assets, the funding you provided, and distributions you received during the selected tax year.
- •Confirmation of the LLC's tax treatment and the types of transactions with its owner.
Use your records to total the amounts. We explain each field and ask for supporting documents if a figure or transaction needs checking.
How it works
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1
Order the tax year you need
Pick the year and pay. Only your company name is needed to start.
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2
Answer the form and sign it
Your details and three figures. We check the answers against each other and come back to you if something does not add up.
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3
We prepare the package and fax it to the IRS
Every line is reviewed by a person before anything is sent. Usually within 2–3 business days of your form arriving.
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4
You get the proof
The transmission confirmation lands in your dashboard, and stays there. It is your evidence of what was filed and when.
Not sure what these words mean?
Tap any of them for a plain-language explanation.
Not ready by April 15?
Six more months, if you ask before the deadline.
About extensions ↗Already missed a year?
It can still be filed, and waiting makes it worse.
About late filings ↗When this is not the right service
This package covers a US-formed LLC with one non-US individual owner, default disregarded tax treatment, and reportable owner funding or distributions. A corporate election, more than one owner, US employees or business activity, or other reportable related-party transactions needs a separate review. Ordinary sales to unrelated customers do not automatically fall outside this scope. Ask support before paying if anything is unclear.