Form 5472, Info. Return of a 25% Foreign-Owned U.S. or Foreign Corp. Engaged in a U.S. Trade or Bus.

www.andrewmitch... - For hundreds of additional charts
www.tax-charts.com - Tax flowcharts

[@yelitzagonzalez6331]

hello, good afternoon, if the corporation is owned by a single foreigner and has 100% shares and has made losses that are placed on line 1F and 1H, enter "0"

[@nvvp1972]

Hi Andrew, what would be the case when 2 or more relative parties would have to do the 5472, are you talking about LLC with 2 foreigner owners?

[@cenkyenikoylu2670]

Why didn't you start with the dates section first?

[@sunshinebautista3581]

if the smllc has tax due, how will be paid since you will file proforma 1120 only

[@user-ms8ie1cq4r]

Thank you for your explanation. I would like to know if the LLC has a single owner, would I have to fill out part 2? he owns 100%

[@AndrewMitchelTax]

Yes. The instructions to Part II at the beginning state: “Only 25% foreign-owned U.S. corporations, including foreign-owned U.S. DEs, complete Part II. For a foreign-owned U.S. DE, report the information for the foreign owner on the lines provided for the 25% foreign shareholder.”

[@futufan5418]

www.futufan.com/form-5472/ 5472 form Instructions file dpdf fillable and printable.