Form 5471: Information Return of U.S. Persons With Respect to Certain Foreign Corporations

Required information return for U.S. persons who are officers, directors, or shareholders of certain foreign corporations, reporting the corporation's income and financial statements.

Download Form 5471 PDF About on IRS.gov Instructions PDF

Who Files This Form?

U.S. shareholders owning 10% or more of a foreign corporation, and certain U.S. officers and directors.

Key Fields

Foreign corporation information
U.S. shareholder's share of income
Previously taxed income
Earnings and profits
Balance sheet

Filing Deadlines

Due Date

Due with income tax return

Late Filing Penalty

$10,000 penalty for failure to file; additional $10,000 for each 30 days of non-filing after IRS notice (up to $50,000).

Related Forms

Form 8938

Statement of Specified Foreign Financial Assets

Form 8865

Return of U.S. Persons With Respect to Certain Foreign Partnerships

Form 1040

U.S. Individual Income Tax Return

Form 1120

U.S. Corporation Income Tax Return

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