IRS 5471 Forms

IRS 5471 Forms

Choose the necessary version or schedule of 5471 forms that you would like to electronically fill out and send to the IRS

Doing your taxes online — IRS 5471 Forms

Today you can switch to electronic tax preparation quickly and competently. Work with the IRS 5471 Forms through the PDF editor in your browser: creating, modifying, viewing, signing, and further submitting occurs online. The interface of our editing tool is simple and clear, it has optimal functionality, and you don’t need to download any additional program to your device.

Here are the benefits:

  1. Minimization of time for the preparation and signing of tax reports through their conversion into electronic form.
  2. Ability to receive and send documents 24/7/365 from anywhere in the world.
  3. Secure channels for document transmission and information storage in reliable data centers.

Prepare your simple taxes online!

Questions & answers

U.S. citizens and U.S. residents who are officers, directors, or shareholders in certain foreign corporations are responsible for filing Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations.
U.S. citizens and U.S. residents who are officers, directors, or shareholders in certain foreign corporations are responsible for filing Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations.
The IRS estimates that it takes approximately 38 hours on average to prepare Form 5471 (aside from the record keeping time and the time required to learn about the relevant law and instructions).
Form 5471 is the Information Return of U.S. Persons With Respect to Certain Foreign Corporations, whereas Form 5472 is the Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business.
What is Form 5471? Form 5471, officially called the Information Return of U.S. Persons with Respect to Certain Foreign Corporations, is an information return (as opposed to a tax return) for certain U.S. taxpayers with an interest in certain foreign corporations.
U.S. citizens and U.S. residents who are officers, directors, or shareholders in certain foreign corporations are responsible for filing Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations.
Who files Form 5471? Any U.S. citizen, corporation, partnership, trust, or estate who has at least 10% ownership in a foreign corporation, needs to file Form 5471.
U.S. citizens and residents who are officers, directors or shareholders in certain foreign corporations must file Form 5471 as part of their expat tax return. This form is officially called the Information Return of U.S. Persons with Respect to Certain Foreign Corporations.
Officially known as Form 5471, Information Return of US Persons with Respect to Certain Foreign Corporations, this form is required along with your expat taxes for US citizens and resident aliens who are considered to be officers, directors or shareholders in certain foreign corporations.
Failure to timely file a Form 5471 or Form 8865 is generally subject to a $10,000 penalty per information return, plus an additional $10,000 for each month the failure continues, beginning 90 days after the IRS notifies the taxpayer of the failure, up to a maximum of $60,000 per return.