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Form 5472: The $25,000 IRS Penalty Most Non-Resident LLC Owners Don't Know About
Published on 2026-02-02 · 5 min read
Most "cheap" LLC formation services don't tell you about Form 5472. We do.
What it is
Form 5472 is an information return that foreign-owned single-member LLCs must file every year alongside a pro-forma Form 1120. It reports transactions between you (the foreign owner) and your LLC.
The penalty
$25,000. Per year missed. Automatic. The IRS does not warn you.
When it's due
April 15 (or June 15 with automatic extension). For tax year 2026, due April 15, 2027.
Our Premium plan includes
- Annual reminder 30 days before due date
- A pre-filled template for your LLC
- Step-by-step instructions to file by mail or via authorized e-filer
Don't get caught.