Form 5472 and Form 1120 filing wizard

The first step collects the reporting corporation information used in Part I of Form 5472 and in Form 1120. This is where you define the LLC, the tax year, and the business classification details that carry through the rest of the filing.

Use this step to enter:

• llcName
• llcStreet
• llcCity
• ein
• totalAssets
• businessActivity
• businessActivityCode
• isInitialYear
• countryIncorporation
• dateIncorporation
• taxResidentCountry
• principalBusinessCountries
• taxYearBegin
• taxYearEnd

The businessActivityCode is the NAICS code for the business activity. If this is the LLC’s first filing year, mark the initial year flag so the generated forms reflect that status correctly.

Success check: the entity section shows the LLC name, EIN, tax year dates, and incorporation details exactly as they should appear on the return.

The second step collects the foreign owner details used in Part II of Form 5472. Enter the owner’s identifying information carefully, especially if the owner does not have a US tax identification number.

Use this step to enter:

• ownerName
• ownerStreet
• ownerCity
• ownerUSId
• ownerRefId
• ownerFTIN
• ownerBusinessCountries
• ownerCitizenship
• ownerTaxResidentCountry

Some filings rely on a foreign tax identification number or a reference ID instead of a US ID. Make sure the owner identification fields match the records you plan to file with.

Success check: the owner section clearly identifies the foreign shareholder with name, address, and at least the applicable identification details for the filing.

The related party step supports multiple entries. Each related party you add becomes its own Form 5472 in the final ZIP package.

Use this step to enter, for each related party:

• isForeign
• name
• street
• city
• usId
• refId
• ftin
• businessActivity
• businessCode
• relationship
• businessCountries
• taxResidentCountry

The relationship field supports these values:

• related_to_corp
• related_to_shareholder
• 25pct_shareholder

This step matters because Part III is completed separately for each reportable party. If your LLC had transactions with multiple related parties during the tax year, add each one here instead of trying to combine them into a single record.

Success check: every reportable related party appears in the list, and each entry has the correct relationship type and tax residency details.

This step captures the reportable transaction amounts from Part IV and the Yes or No answers from Part VII. Enter the amounts by line so the generated Form 5472 mirrors the IRS layout.

Use this step for:

• Part IV amounts on lines 9 through 21 for amounts received
• Part IV amounts on lines 23 through 35 for amounts paid
• capitalContribution
• capitalDistribution
• Part VII answers q37 through q43a

The transaction lines are stored per related party, which means each party’s Form 5472 reflects only that party’s activity. Keep the amounts separated the same way you would if you prepared multiple paper forms.

Success check: the total received and paid amounts match your records for each related party, and every required Yes or No answer has a value.

The signature step prepares the signature area for Form 1120. You can draw the signature in the browser or upload an image, then add the signing date and signer title.

Use this step to provide:

• signatureDataUrl
• signatureDate
• signerTitle

For recent Form 1120 templates, the signature is embedded directly into the generated PDF. Check that the image is legible and sized appropriately before moving on.

Success check: the signature preview is visible, the date is correct, and the signer title matches the person signing the return.

This step covers the text and document options that do not fit directly into the main form pages. Use it for Part V and Part VI narrative content, capital movement details, and optional attachments.

Use this step to enter or enable:

• statement5xText
• statement6xText
• capitalContribution
• capitalDistribution
• generateLateFilingLetter
• generateForm7004
• generateFaxCover
• faxFromName
• faxNumberOfPages
• faxDate

If you enable the fax cover sheet, the wizard includes it in the ZIP package along with the form PDFs. Supporting statements can also be generated per related party when the filing needs additional explanation for Part V or Part VI.

Success check: optional document toggles reflect the package you want to generate, and any narrative text is complete and ready to file.

The review step shows your filing data in read-only form before PDF generation. This is the best place to catch mismatched tax year dates, missing related parties, or transaction amounts entered under the wrong party.

Review:

• Entity information
• Owner information
• Related parties
• Transaction amounts
• Signature details
• Supporting statement options

Because the wizard allows free navigation, you can jump back to any earlier step, make corrections, and return to review without losing your place.

Success check: the review screen matches the records you intend to file, and nothing appears missing or assigned to the wrong party.

The final step generates a live PDF preview and assembles the filing package for download. It also saves the filing so you can return later to edit it.

From this step, you can:

• Preview the generated PDF output
• Download a ZIP containing all generated documents
• Save the filing to the database
• Run the AI compliance scanner on generated PDFs

The ZIP can include one Form 5472 per related party, one year-specific Form 1120, and any optional documents you enabled earlier. Form 1120 supports years 2020, 2021, 2022, 2023, 2024, and 2025.

Success check: the preview renders correctly, the ZIP downloads successfully, and the saved filing is available for later editing.