Form 5472 pro forma Form 1120 checklist
What the pro forma Form 1120 cover sheet means for a foreign-owned U.S. disregarded entity filing Form 5472.
Summary
For a foreign-owned U.S. disregarded entity, the IRS instructions say Form 5472 is attached to a pro forma Form 1120. The pro forma cover is not a normal corporate income tax return for this lane; the instructions limit the required Form 1120 information to the entity name, address, and items B and E on the first page.
The pro forma Form 1120 cover is part of the official Form 5472 filing path.
| Cover form | Pro forma Form 1120Used for this foreign-owned U.S. DE path. |
|---|---|
| Top marking | Foreign-owned U.S. DEIRS instructions require this marking. |
| Product limit | Checklist onlyNo income tax return advice. |
What the cover sheet does
The pro forma Form 1120 gives the IRS a filing cover for the attached Form 5472. It does not turn this product into a corporate income tax preparation service.
Required source records
Use the exact LLC legal name, EIN, mailing address, formation records, tax-year facts, owner identity, and related-party transaction records.
When to stop
Stop if the entity may owe a U.S. income tax return, has ECI or U.S. trade/business questions, has classification uncertainty, or needs a corporate tax return beyond the pro forma cover.
Common questions
Does Form 5472 Desk file with the IRS?
No. It prepares a self-review packet and checklist. The user reviews, signs where required, and files through the official IRS mail or fax path.
Does this product provide tax advice?
No. It is self-help software for a narrow packet-preparation lane. Treaty positions, ECI analysis, transfer pricing, reasonable cause, notices, and representation are outside scope.
Run the strict Form 5472 checker
Check whether the facts fit the foreign individual, 100% single-member LLC, disregarded entity, current on-time packet lane before preparing anything.
Open checkerRelated guides
Form 5472 mail and fax checklist for foreign-owned U.S. DEs
A filing-channel checklist for foreign-owned U.S. disregarded entities that cannot e-file Form 5472.
Foreign-owned LLC Form 5472 filing guide
A narrow source-linked guide for foreign-owned single-member LLC owners checking the Form 5472 plus pro forma Form 1120 filing lane.
Form 5472 filing requirements for a foreign-owned LLC
Who must file Form 5472, how foreign-owned U.S. disregarded entity rules fit a single-member LLC, and where the Form 5472 Desk lane stops.
Official sources for this guide
Last reviewed: .