IncorpLabTM
IRS alert · Foreign-owned LLCs

Was your US LLC'sForm 5472 filed?

Required every year, even with $0 income.

A missed return can cost $25,000 per year.

  • Free
  • Reply in 24h
  • No obligation

About 60 seconds. No payment. No signup.

The most common mistake

The $0 income trap

Myth

"My LLC made no money, so I don't file anything."

This belief is how most founders end up with years of missed returns.

IRS rule

Form 5472 reports foreign ownership, not profit.

It's due every year since formation, whatever your revenue.

Penalty per missed return$25,000Source: IRS

You know what was filed.
We find what's missing.

Your answers plus the filing rules reveal the gaps. No IRS login needed.

Due years

Every year you owe, starting from formation.

Penalty exposure

What each missed filing could cost.

Right form

5472 or 1065, based on your owners.

State standing

Annual Report and status checked.

What you'll get back

A clear status report, sent to your inbox.

Compliance report · Sample

Example Trading LLC

Wyoming · formed March 2023 · single-member

  • State statusActive
  • Registered agentOn file
  • Annual ReportFiled 2025
  • Form 5472 · 2023Filed
  • Form 5472 · 2024Missing
  • Form 5472 · 2025Missing

Possible penalty exposure

Up to $50,000

Your action plan · Next steps

In order

Clear next steps

  1. 01 · See every gap

    Year by year: what's filed, what's missing.

  2. 02 · Know your options

    How late filings and penalty relief requests usually work.

  3. 03 · Fix it, if you want

    Fixed price. Our partner tax professionals prepare and file, with proof sent to you.

How it works

  1. 1

    Send your details

    LLC name, state and what's been filed.

  2. 2

    We check the rules

    State record plus IRS filing rules for your formation date.

  3. 3

    Get your report

    By email (and WhatsApp if added) within 24 hours, with a fixed price for anything missing.

No catch

Why is this free?

Most founders are never told

Formation services file the LLC and stop. Form 5472 usually comes up only when a penalty letter arrives.

The check takes minutes

We match your formation date against IRS rules and your public state record.

That's how we earn

Fix anything missing at a fixed price with our partner tax professionals. Up to date? You pay nothing.

Questions

Check your LLC in 60 seconds

Private and confidential. We never contact the IRS for you.

Free. No payment. No signup.