How to File with MyFreeTaxAmerica.com

File your IRS Form 5472 and pro forma Form 1120 in four simple, guided steps. No tax expertise required.

Step 1: Create Your Account

Go to MyFreeTaxAmerica.com and create a secure account using your email address. All data is encrypted and protected.

Step 2: Answer the Guided Questionnaire

Our step-by-step interview walks you through everything needed for your Form 5472 and pro forma Form 1120. You'll be asked about your foreign-owned single-member LLC — ownership details, reportable transactions, and related party information.

No tax knowledge required. Just answer the questions and we handle the rest. Built-in validation checks your entries as you go, flagging inconsistencies and common errors before you move forward.

Step 3: Review Your Completed Forms

Once you've finished the questionnaire, the system generates your Form 5472 and pro forma Form 1120 for your review. At this stage, you can proceed with our free self-filing option or upgrade to the Premium Package ($149) to have a professional review your return before it goes to the IRS.

Step 4: Sign and Submit

Free tier filers sign and submit their return directly to the IRS. Premium Package clients receive a professional review, email support, and IRS e-fax delivery — so you can file with confidence knowing your return has been checked by an expert.

Our Form 5472 filing software is completely free to use. For those who want professional review and added peace of mind, our Premium Package is available for $149 — a fraction of what traditional tax firms typically charge ($500–$1,500+ per filing).