Category General Tax Help

Form 5471: Who Has To File?

U.S. Individual Income Tax Return form 1040 with colored pencils and paperclips on a green background, representing tax filing and assistance.

Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations, must be filed by certain U.S. persons who have an interest in foreign corporations. The IRS has five different categories of filers, each with specific filing requirements,…