GILTI, Subpart F & BEATAnswered

My foreign corporation owns a US LLC — do I file BOTH Form 1120-F and Form 5472?

M7
mei_7f30new member
May 13, 2026 1,340 views 1 answer
form-1120-fform-5472disregarded-entitysection-6038a

Structure: a corporation in my home country owns a US single-member LLC. The LLC is disregarded. I've been filing Form 5472 with the pro forma 1120 for the LLC every year and assumed that covered everything. A friend said the corporation itself might also owe a Form 1120-F. Is that real, or am I being double-charged for nothing?

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