Foreign-Owned LLC IRS Filing · Form 5472 + Pro Forma 1120
Your Foreign-Owned LLC IRS Filing, Handled as One Package
If a non-U.S. person owns a U.S. single-member LLC, the IRS generally expects Form 5472 filed together with a pro forma Form 1120 — even with no income and no tax to pay. We prepare and file both as one package.
- Both forms filed as one package
- Requirement reviewed before you commit
- Reportable transactions identified with you
- Works for LLCs formed by anyone
Sound Familiar?
Are You Facing These Problems?
You had no income and assumed you had nothing to file
You only heard about Form 5472 from a forum post
You were quoted separately for 5472 and 1120 and it made no sense
Your accountant does not handle foreign-owned entities
You do not know what counts as a reportable transaction
You missed a year and want to get straight
What You Actually File
Why It Is One Filing, Not Two
A foreign-owned single-member LLC is a disregarded entity. It does not file Form 5472 on its own — the form is attached to a pro forma Form 1120, which acts as a cover sheet rather than a real income tax return. One filing event, one package, one fee.
Form 5472
The information return reporting transactions with your related parties.
Pro Forma Form 1120
The cover form 5472 attaches to — largely blank, not a tax return.
Applies With Zero Income
A dormant year does not automatically remove the obligation.
Owner Transfers Count
Money you put in or take out can itself be reportable.
Serious Penalty Exposure
Failure-to-file penalties for Form 5472 are significant.
One Fee, Both Forms
No separate charge for the 1120 — it is part of the same job.
Who It's For
Who This Package Is For
The Package
What's Included — and What Isn't
No surprises at checkout. Here is exactly what our fee covers, and what is charged separately.
Included in our fee
- Eligibility & filing requirement review
- Identification of reportable transactions
- Preparation of Form 5472
- Preparation of the pro forma Form 1120 it attaches to
- Review of supporting information
- Filing of both forms together
- General compliance guidance
- Support for LLCs formed elsewhere
Not included
- Any tax, penalties or interest owed to the IRS
- Bookkeeping to reconstruct your transaction history
- A genuine corporate income tax return (that is our Form 1120 service for C-Corps)
- Partnership returns for multi-member LLCs
- State tax filings, audit or legal representation
What We Need From You
Once we have your transaction details, we typically prepare both forms within several business days for your review. The package is filed by mail or fax, and IRS processing times are outside our control.
Why Kuick Formation
Specialists, Not Generalists
The Process
How It Works
Requirement Review
Collect Transactions
Both Forms Prepared
You Review
Filed Together
Transparent Pricing
One Package, One Fee
Form 5472 + Pro Forma 1120
- Eligibility & filing requirement review
- Identification of reportable transactions
- Preparation of Form 5472
- Preparation of the pro forma Form 1120 it attaches to
- Review of supporting information
- Filing of both forms together
Avoid These
Common Mistakes We See
Believing zero income means zero filing
The single most common and most expensive misunderstanding with foreign-owned LLCs.
Paying twice for one filing
Some providers bill 5472 and 1120 separately. For a disregarded entity it is one job — we charge one fee.
Forgetting owner transfers are reportable
Funding your own LLC or drawing from it can be a reportable transaction.
Your Business Journey
Where This Filing Fits
Most founders follow the same path. We can handle every step with one team.
Frequently Asked Questions
Why is this one service instead of two?
Because for a foreign-owned single-member LLC it is one filing event. Form 5472 is not filed on its own — it is attached to a pro forma Form 1120. Charging separately for each form would be billing twice for the same job.
Is Form 5472 an income tax return?
No. It is an information return reporting transactions between your LLC and related parties. The Form 1120 it attaches to is a pro forma cover form, largely blank — it is not how you report profit and pay tax.
My LLC had no income. Do I still file?
Possibly yes. A dormant year does not automatically remove the obligation, and even funding your own LLC can be a reportable transaction. Our review establishes what applies to you.
What if my LLC has multiple members?
Then this is not your filing. Multi-member LLCs are generally treated as partnerships with different obligations. Tell us your structure and we will scope the right service.
What if I actually have a C-Corporation?
A C-Corporation files a genuine Form 1120 income tax return, which is a different service. This package is specifically for foreign-owned single-member LLCs treated as disregarded entities.
What if I have missed previous years?
Tell us. It is common, and better addressed deliberately than left alone. We will look at your situation and explain the options rather than guess.
Get Your IRS Filing Done Properly
One package, one fee, and a team that files these for foreign-owned LLCs every single week.
$149 flat · Both forms included · Requirement reviewed first