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Foreign owned LLC tax filing with no reportable transactions

Mastrok

New member
Yes, but it doesn't mentioned 5472. Some accountants says it's not extended. But I'm not sure as 5472 doesn't seem to have its own deadline.

If there are no transactions then you shohldnt file. But I think it's not clear that those are not transactions on behalf of the business. If you created the llc in 2019 then I believe you should file anyway as that would be a reportable event.
I decided to file just to be on the safe side. If possible, do you know what kind of sheet/form i must attach regarding part V in form 5472?
 

TacitusKilgore

Active Member
I decided to file just to be on the safe side. If possible, do you know what kind of sheet/form i must attach regarding part V in form 5472?
From the way the form is worded, you'd be able to just attach a printed out Excel spreadsheet with the description of each expense and how much it was (perhaps also descriptions of where it was paid from - eg. personal credit card).
 

Loisir

New member
@Mastrok Could you please be in touch with me ? i am facing same issue here and dont have money for a CPA to fil form 5472 , i dont have any transaction just the company formation like you.

thank you
 
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