Form 5472 Explained: Filing for Foreign-Owned US LLCs

If you are a non-resident owner of a US single-member LLC, Form 5472 is the most important filing you cannot skip — even if your LLC owes no US tax.

What is Form 5472?

It reports “reportable transactions” between your LLC and you (the foreign owner) — capital contributions, distributions, loans and similar. It is filed together with a pro-forma Form 1120.

Who must file?

Foreign-owned (25%+) US single-member LLCs treated as disregarded entities. This covers the typical non-resident LLC.

Deadline and penalty

It is generally due by April 15 (with possible extension). The penalty for failing to file is at least $25,000 — which is why this should never be overlooked.

We file it for you

Our tax service prepares and submits Form 5472 + 1120 correctly and on time.