Form 5472 Penalty Calculator
See how much you could owe the IRS for missing your Form 5472 filing.
Most single-member LLCs need 1 form per year
Additional $25,000 penalty for each 30-day period after 90 days of IRS notice
Total Penalty Exposure
$25,000
Base Penalty
$25,000
1 x 1 x $25,000
File your Form 5472 — avoid up to $25,000+ in IRS penalties.
Other penalties foreign-owned LLCs face
Form 5472 is the headline penalty, but a late partnership or corporate return, an unreported foreign account, or a missing Form 8938 each carry their own. Pick one to estimate the exposure.
A multi-member LLC that files its partnership return late.
The penalty runs for a maximum of 12 months.
Estimated maximum exposure
$510
$255 per partner, per month late, for up to 12 months (returns required to be filed in 2026; IRC §6698).
- $255 × 2 partner(s) × 1 month(s)$510
- The per-partner amount is $255 for returns required to be filed in 2026 (generally tax year 2025); it is $260 for returns required to be filed in 2027 (generally tax year 2026).
- The penalty stops accruing after 12 months.
- First-time abatement or reasonable cause can remove it — see the relief options on this page.
How to reduce or remove this penalty
A big number is not a final bill. Foreign-owned LLCs routinely get these penalties abated or avoided entirely. The right path depends on your facts:
First-Time Abatement (FTA)
Potentially relevant to specified failure-to-file/pay/deposit penalties; not a blanket Form 5472 remedy.
FTA can apply to specified penalties on an actual income-tax return when the administrative criteria are met. International information-return penalties generally require separate analysis, and any narrow Form 5472 processing treatment depends on the assessment code and current IRS procedures.
Penalties & relief guideReasonable-cause abatement
Best if you had a genuine, documentable reason for filing late.
A Form 5472 penalty can be removed for reasonable cause only after an affirmative, fact-specific showing. Professional reliance, illness, or misunderstanding can be relevant but is not automatically sufficient; the written statement and supporting evidence must satisfy the applicable standard.
Draft a reasonable-cause letterStreamlined Filing Compliance Procedures
Only for qualifying U.S. individual offshore-compliance facts; not a general foreign-owned LLC Form 5472 program.
SFOP and SDOP address specified U.S. individual income-tax and offshore-information failures. They do not automatically cure a domestic foreign-owned LLC's section 6038A/Form 5472 failure. A qualifying person must meet the residence, return, information-reporting, and non-willfulness requirements under penalties of perjury.
Streamlined filing guideDelinquent FBAR / information-return procedures
Best if you also missed foreign-account (FBAR) or other international forms.
Delinquent FBAR procedures have their own eligibility conditions. Other international information returns follow the current form and amended-return procedures; do not assume a generic penalty-free filing path or treat an FBAR procedure as Form 5472 relief.
Delinquent FBAR guide
Already received a CP215 or CP15 notice? Respond before the deadline printed on it. And if the failure was willful, the self-certification paths above are not appropriate — speak with a tax attorney about the IRS Voluntary Disclosure Practice.
These are options to discuss with a qualified adviser, not a determination that you qualify. Eligibility depends on your specific facts and is never decided by this tool.
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