Get 5471 Schedule O

Filling out the 5471 Schedule O is essential for reporting the organization or reorganization of a foreign corporation, as well as acquisitions and dispositions of its stock. This guide provides straightforward instructions to ensure users can complete this form accurately and efficiently online.

Follow the steps to complete the 5471 Schedule O.

1. Click ‘Get Form’ button to obtain the schedule and open it in the editor.
2. Begin by entering the name of the person filing Form 5471 and their identifying number, along with the name of the foreign corporation.
3. Complete Part I by filling in the names, addresses, identifying numbers, and acquisition dates for U.S. shareholders for whom acquisition information is reported.
4. Move to Section A under Part II, where you will provide general shareholder information, including the name, address, and identifying number of the shareholders filing this schedule.
5. Indicate the type and date of the last U.S. income tax return filed by the shareholders, along with any relevant previous information returns under section 6046.
6. In Section B, enter the names and addresses of any U.S. persons who are officers or directors of the foreign corporation. Check the appropriate box for their role.
7. Proceed to Section C to report stock acquisitions. Detail the name of the shareholder, class of stock acquired, acquisition date, and number of shares acquired, including the method of acquisition.
8. In Section D, provide details on the disposition of stock, including the shareholder's name, class of stock, date, number of shares disposed of, and the method of disposition.
9. Complete Section E by detailing any organization or reorganization of the foreign corporation, including information about the transferor, assets transferred, and their fair market value.
10. In Section F, attach any additional information required, such as statements regarding U.S. income tax returns filed by the foreign corporation or reorganizations in the last four years.
11. Review all entries for accuracy. Once finished, users can save their changes, download the form, print it, or share it as needed.

Ensure your digital documents are accurate and complete by filling out the necessary forms online today.