GILTI, Subpart F & BEAT

Form 926 Outbound Transfer Guide for U.S. Persons (2025-2026)

10 min readArticle
Filing path

Corporate return flow (Form 1120)

How a C corporation reports income and computes its tax.

  1. Determine corporate status

    Default for corporations, or via a Form 8832 election.

  2. Prepare Form 1120

    Report income, deductions, and credits for the year.

  3. Compute and pay tax

    Apply the corporate rate and any estimated-tax payments.

  4. File by the deadline

    Submit by the corporate return due date.

Key formsForm 1120Form 8832EIN

Key Takeaways

  • Form 926 is triggered by specific outbound transfers to foreign corporations.
  • Cash transfers can be reportable under the 10% or $100,000 tests.
  • The form is filed with the transferor's return for the year of transfer.
  • Founder capitalization events are common places where Form 926 appears.

Form 926 is an event-driven outbound transfer form

The IRS says Form 926 is filed by certain U.S. persons to report certain transfers of property to a foreign corporation. The triggering event is not 'being international' in general. It is making a qualifying transfer. That is why many founders do not realize they need the form until after capitalizing or recapitalizing a foreign corporation.

Cash can trigger the form even when the transfer feels routine

The IRS page on Form 926 says a U.S. person that transfers cash to a foreign corporation must report it if the person owns at least 10% of the foreign corporation immediately after the transfer or if the cash transferred during the 12-month period ending on the transfer date exceeds $100,000. Those thresholds catch many ordinary founder-capitalization events.

The form rides with the tax return, not in a separate envelope

The IRS says the transferor files Form 926 with the income tax return for the year that includes the date of the transfer. That timing rule matters because people often think of the form like a stand-alone notice. It is part of the return package and should be tracked that way.

Frequently Asked Questions

Can a cash contribution to a foreign corporation trigger Form 926?

Yes. The IRS says a cash transfer can be reportable if the transferor meets the relevant post-transfer ownership test or the $100,000 rolling cash threshold.

Does Form 926 get filed separately from the tax return?

No. The IRS says it is filed with the income tax return for the year that includes the date of the transfer.

What is the most common practical mistake with Form 926?

Treating the outbound capitalization like a corporate housekeeping step instead of a separate information-return event.

GILTISubpart FBEATCFCinternational tax

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