You missed Form 5472. It's fixable, and it's much cheaper before the IRS writes to you.
The penalty is $25,000 per form, per year, with no maximum. A licensed US CPA prepares your late filing with a reasonable cause statement attached — the version the IRS is most likely to accept. It takes about ten minutes of your time.
IRC §6038A(d) · Late Form 5472 filing
- Day 0 $25,000 Return not filed
- Day 90 $25,000 IRS notice issued — 90-day window opens
- Day 120 $50,000 +$25,000
- Day 150 $75,000 +$25,000
- Day 180 $100,000 +$25,000
None of this has happened to you yet.
The clock above starts when the IRS writes to you. Filing before that letter arrives, with a reasonable cause statement attached, is the strongest position available — and it's the one we handle.
File my late Form 5472 — from $947Most people we help had no idea this form existed
A foreign-owned US LLC has to file Form 5472 every year it had a reportable transaction with its owner. There is no minimum and no revenue threshold — a company that earned nothing and did nothing except exist usually still has to file.
Each of these is a reportable transaction
Paying the state fee
From your own pocket, on the company’s behalf.
Funding the account
Any money you put into the company bank account.
Taking money out
Any distribution back to you as the owner.
This is the most common reason people end up here.
See what it's costing you to wait
Drag the sliders. The number moves as you do — nothing is gated, and you are not asked for an email to see it.
Interactive penalty calculator
Each unfiled year is a separate $25,000 penalty. There is no cap and no statute of limitations.
After a 90-day IRS notice, an extra $25,000 accrues every 30 days the form stays unfiled — IRC §6038A(d)(2). Leave at 0 if no notice.
Did money move between you and the company in those years?
Contributions, distributions, paying a state fee personally — any of these makes a year "active." Dormant years (nothing moved) cost less to prepare.
If you ignore it
$25,000
IRS penalty (1 year × $25,000)
If you file with us
$947
1 filing × $947 (dormant rate shown)
You avoid $24,053 in penalty exposure by filing.
File now — from $947I missed prior years, help meFiling the missing returns is what stops the penalty from growing.
What we do
- 1
You answer a short questionnaire.
Entity details, which years are missing, what money moved. About ten minutes, in plain English.
- 2
A CPA prepares the filing and writes your reasonable cause statement.
Form 5472 plus pro forma Form 1120, for each missing year. The statement is written for your facts, not from a template.
- 3
We file it and send you the confirmation.
You keep the timestamped submission record. If the IRS writes back about a year we prepared, send us the letter.
One price. Everything included.
$947 for a dormant year (nothing moved between you and the company) · $1046 for an active year (a transaction occurred). The calculator above tells you which applies.
- Form 5472 and pro forma Form 1120, prepared by a licensed US CPA
- A reasonable cause statement written for your circumstances, not a template
- Transaction review before anything is prepared
- Filing submitted to the IRS, with written confirmation for your records
- Any IRS letter about this filing answered by the CPA who signed it
No separate submission fee. No subscription. Additional years quoted together before you pay.
Why is penalty removal included when I don't have a penalty?
Because a late Form 5472 arriving on its own is processed by an automated system that assesses $25,000. The reasonable cause statement has to be attached to the filing when it arrives. Adding it afterwards means arguing against a penalty that already exists, which is a much weaker position. This is the single most important thing about filing late, and it's why we don't sell the filing without it.
If a penalty results from an error we made in preparing or filing your return, we fix it and cover it. Stated in full in our terms — no conditions hidden elsewhere. This guarantee covers our work, not the IRS's decision.
Why this costs more than a standard Form 5472 filing
A normal, on-time Form 5472 filing costs roughly $299–$399 from most providers, including our own parent firm. If you're filing on time, that's what you should pay — don't buy this. A late filing is a different job.
$299–$399
A standard filing. No reasonable cause statement — none is needed.
$947–$1,046
Includes the reasonable cause statement attached to the return — written for your facts.
That statement is the difference between $299 and $947+. It's also the difference between a $25,000 penalty and no penalty.
When we'll send you somewhere else
Saying no is part of the job. If you're one of these, we'll point you to the right place.
- Multi-member LLC.
- You don't file Form 5472 at all. You file Form 1065 with Schedules K-1. Different form, different deadline, different penalty.
- No reportable transaction in that year.
- If nothing moved between you and the company, you may have no filing requirement. The questionnaire checks this before you pay.
- You filed on time and just need this year’s return.
- You don't need us. A standard Form 5472 filing costs around $299–$399 — see above.
- Corporations, multiple related parties, or several years of backlog.
- Real cases, just not simple ones. Our parent firm handles them at form5472.online.
- You've had a Form 5472 penalty removed before.
- A second abatement request is much harder and we won't take it on a flat fee.
Questions
How much does it cost to file Form 5472 late?
$947 per tax year if the LLC was dormant that year (no transaction between you and the company), or $1,046 per tax year if it was active (a transaction occurred). Either way it is all-inclusive: the Form 5472 and pro forma Form 1120, a reasonable cause statement written for your circumstances, IRS filing, and written confirmation. No separate submission fee and no subscription.
What is the penalty for filing Form 5472 late?
Under IRC §6038A(d), the penalty is $25,000 per form, per year. If the IRS issues a notice and it is not corrected within 90 days, the penalty increases by $25,000 every 30 days, with no statutory maximum.
I have not filed and the IRS has not contacted me. What should I do?
File the late return now with a reasonable cause statement attached. A late Form 5472 that arrives on its own is processed by an automated system that assesses $25,000. Attaching the statement at filing is the strongest position available, and it is the path we handle from $947 per year.
Why does penalty removal cost more than a standard $299 filing?
A standard, on-time Form 5472 filing costs roughly $299–$399. A late filing is a different job: it needs a reasonable cause statement written for your specific facts, attached to the return when it reaches the IRS. That statement is the difference between a $25,000 penalty and no penalty.