Form 5471 Generator by Jotform
Are you a U.S. shareholder, officer, or director of a foreign corporation? Use Jotform's free Form 5471 generator to enter your information online, then download a completed PDF you can attach to your tax return.
Keep ownership details safe
Form 5471 asks for ownership percentages, financial statements, and identification numbers. Jotform protects that data with 256-bit SSL encryption and offers GDPR and CCPA friendly features. For extra protection, you can also use encrypted forms.
Work on it from any device
Open Form 5471 on a computer, tablet, or phone. The form adjusts to your screen, so entering names, addresses, and figures stays easy wherever you're working.
Fill it out and download a PDF
Type your answers into clearly labeled fields instead of wrestling with a static PDF. When you're done, download the completed Form 5471 as a PDF to review, print, or share with your tax preparer.
Get the official IRS layout
Every answer you enter is placed into the original IRS Form 5471 layout. The PDF you download looks just like the form on the IRS website, so it's ready to attach to your return.
FAQ
What is Form 5471?
Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations, reports details about foreign corporations that U.S. taxpayers own or help run. It covers the corporation's ownership, income, balance sheet, and transactions with shareholders and related parties.
The IRS uses it to keep track of foreign corporations with U.S. owners and to make sure those owners report the income they're supposed to.
Who has to file Form 5471?
U.S. citizens and residents, domestic corporations, partnerships, trusts, and estates may need to file if they're officers, directors, or shareholders of certain foreign corporations. The form sorts filers into categories based on things like ownership percentage and whether the company is a controlled foreign corporation (CFC).
Your filing category decides which schedules you complete, so check the IRS instructions or ask a tax professional before you start.
When is Form 5471 due?
Form 5471 isn't filed on its own. You attach it to your income tax return and file it by that return's due date, including extensions.
Penalties for filing late or leaving out required information can be steep, and they can apply even if you don't owe any additional tax.
What schedules come with Form 5471?
Depending on your category, you may need schedules such as Schedule C (income statement), Schedule F (balance sheet), Schedule M (transactions between the corporation and its shareholders or other related persons), and Schedule O (organization or reorganization of the corporation and acquisitions or dispositions of its stock).
How do I fill out Form 5471?
Start with the top section: your name, identifying number, filing category, and the foreign corporation's name, address, country of incorporation, and annual accounting period. Then fill in the stock details in Schedule A and the U.S. shareholder details in Schedule B.
After that, complete the financial schedules your category requires, such as the income statement and balance sheet. Some schedules ask for amounts in both the corporation's functional currency and U.S. dollars, so keep your exchange rates handy.
Is Jotform's Form 5471 generator free?
Yes. You can fill out Form 5471 online and download the completed PDF at no cost. Jotform doesn't file the form for you, so you'll attach the PDF to your tax return yourself or hand it to your preparer.
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