Apr 8, 2025 · Information about Form 5471, Information Return of U.S. Persons With Respect To Certain Foreign Corporations, including recent updates, related forms, and instructions on how …

Generally, when a person files Form 5471, the form can be filed as one form per corporation to include all the US shareholders on that form. There are some limitations to using it by multiple …

Form 5471 is an information return rather than a tax return, which means it typically doesn’t affect how much tax you have to pay. Rather, it gives the IRS information about which U.S. persons …

Apr 16, 2025 · This guide will break down the fundamentals of Form 5471, provide clarity on its filing requirements, and explain how Bloomberg Tax Workpapers can streamline the process …

Apr 30, 2025 · In this article, we’ll break down what Form 5471 is, who is required to file it, the penalties for non-compliance, and share tips to keep you on track with the IRS.

Oct 13, 2025 · Learn about Form 5471, the IRS reporting requirements for U.S. taxpayers with foreign corporations. Understand filing categories and possible penalties.

Oct 25, 2022 · Form 5471, officially called the Information Return of U.S. Persons with Respect to Certain Foreign Corporations, is an Information Statement (Information Return) (as opposed to …

Mar 29, 2024 · Five key things you need to know about IRS Form 5471 are discussed more fully below. Who Must File? Only U.S. persons must file IRS Form 5471.

If item H on page 1 is completed, a separate Schedule I must be filed for each Category 4, 5a, or 5b filer for whom reporting is furnished on this Form 5471. This Schedule I is being completed for:

This guide provides detailed line-by-line instructions for Form 5471, a crucial IRS form used by U.S. persons to report their ownership interests and transactions with foreign corporations, …