TaxAct^® supports Form 5472 Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business within the corporate Form 1120 U.S. Corporation Income Tax Return return. There is a maximum of five copies that can be added to the return. If you need more than five copies, you must complete the additional Forms 5472 by hand and paper file your return. The form can also be found on the IRS website.

To complete Form 5472:

1. From within your TaxAct return (Online or Desktop), click Federal (on smaller devices, click in the top left corner of your screen, then click Federal).
2. Click the Miscellaneous Topics dropdown, click the Foreign Information dropdown, then click Form 5472 - Information Return of a 25% Foreign-Owned U.S. Corporation.
3. Continue with the interview process to enter your information.

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.