ASSEMBLE THE FORM 5472 AND PRO FORMA 1120 REVIEW PACKET
EINForeigner — private preparation worksheet — November 4, 2026
https://einforeigner.com/form5472-proforma1120-review-packet/

Use this after identifying a possible foreign-owned U.S. disregarded-entity reporting issue with a qualified reviewer. The output is an evidence index, not a completed return, a filing determination or proof that nothing is due in a no-sales year.

Keep this sheet and sensitive identifiers in your own secure records. Do not send them to this site. This is not an IRS form, filing or authorization.

WORKSHEET
For each field, attach the named evidence or mark UNKNOWN; do not fill a gap from memory.

1. Scope memo
What to record: Taxpayer/classification, ownership, year, applicability conclusion, reviewer and source; unresolved questions.
Your record: ____________________
Evidence file/reference and date: ____________________
Open question: ____________________

2. Party index
What to record: Party ID, relationship support, identifying document location and separate transaction/subfolder references.
Your record: ____________________
Evidence file/reference and date: ____________________
Open question: ____________________

3. Reconciliation
What to record: Source IDs, gross inflows/outflows, nonbank events, nonmonetary transactions, currency and cutoff adjustments; proposed treatment for review.
Your record: ____________________
Evidence file/reference and date: ____________________
Open question: ____________________

4. Package version
What to record: Form revisions, complete page/attachment list, reviewer check and final copy identifier.
Your record: ____________________
Evidence file/reference and date: ____________________
Open question: ____________________

5. Filing chain
What to record: Extension separate; exact copy sent, method/date, delivery evidence and IRS correspondence; never label a draft filed.
Your record: ____________________
Evidence file/reference and date: ____________________
Open question: ____________________

WORKED REFERENCE — FICTIONAL, NOT YOUR RECORD
No sales, three owner events
Cedar’s sales report is empty but its owner funded formation and paid a bill.
Deliver the three-event reconciliation above. The reviewer decides reportability; no sales is not proof of no reportable transactions.

COMPLETION CHECK
The packet is review-ready when every proposed amount points to a source, each related party has its own index, and the remaining questions are explicit. It is filing-ready only after the responsible preparer completes the applicable review; this page does not certify that result.

SOURCES
IRS 5472 instructions: scope, foreign-owned U.S. DEs, related parties and records
https://www.irs.gov/instructions/i5472