Fillable Caution: DRAFTNOT FOR FILING (IRS)

Fill Online, Printable, Fillable, Blank Caution: DRAFTNOT FOR FILING (IRS) Form

Use Fill to complete blank online IRS pdf forms for free. Once completed you can sign your fillable form or send for signing. All forms are printable and downloadable.

Caution: DRAFTNOT FOR FILING (IRS)

On average this form takes 155 minutes to complete

The Caution: DRAFTNOT FOR FILING (IRS) form is 5 pages long and contains:

  • 0 signatures
  • 41 check-boxes
  • 599 other fields

Country of origin: US
File type: PDF

Use our library of forms to quickly fill and sign your IRS forms online.

The Internal Revenue Service (IRS) is a government agency responsible for collecting taxes and administering the federal statutory tax laws of the United States. The IRS provide tax assistance to taxpayers and pursue and resolve fraudulent tax filings.

BROWSE IRS FORMS

Related forms
Fill has a huge library of thousands of forms all set up to be filled in easily and signed.
Fill in your chosen form
Sign the form using our drawing tool
Send to someone else to fill in and sign.
find another form
 
Note: The draft you are looking for begins on the next page.
Caution: DRAFT—NOT FOR FILING
This is an early release draft of an IRS tax form, instructions, or publication,
which the IRS is providing for your information. Do not file draft forms and do
not rely on draft forms, instructions, and publications for filing. We do not
release draft forms until we believe we have incorporated all changes (except
when explicitly stated on this coversheet). However, unexpected issues
occasionally arise, or legislation is passed—in this case, we will post a new draft
of the form to alert users that changes were made to the previously posted draft.
Thus, there are never any changes to the last posted draft of a form and the
final revision of the form. Forms and instructions generally are subject to OMB
approval before they can be officially released, so we post only drafts of them
until they are approved. Drafts of instructions and publications usually have
some changes before their final release.
Early release drafts are at IRS.gov/DraftForms and remain there after the
final release is posted at IRS.gov/LatestForms. All information about all forms,
instructions, and pubs is at IRS.gov/Forms.
Almost every form and publication has a page on IRS.gov with a friendly
shortcut. For example, the Form 1040 page is at IRS.gov/Form1040; the Pub.
501 page is at IRS.gov/Pub501; the Form W-4 page is at IRS.gov/W4; and the
Schedule A (Form 1040/SR) page is at IRS.gov/ScheduleA. If typing in a link
above instead of clicking on it, be sure to type the link into the address bar of
your browser, not a Search box.
If you wish, you can submit comments to the IRS about draft or final forms,
instructions, or publications at IRS.gov/FormsComments. We cannot respond to
all comments due to the high volume we receive and may not be able to
consider many suggestions until the subsequent revision of the product.
If you have comments on reducing paperwork and respondent (filer) burden,
with respect to draft or final forms, please respond to the relevant information
collection through the Federal Register process; for more info, click here.
DO NOT FILE
December 9, 2020
DRAFT AS OF
SCHEDULE Q
(Form 5471)
(December 2020)
CFC Income by CFC Income Groups
Department of the Treasury
Internal Revenue Service
▶
Attach to Form 5471.
▶
Go to www.irs.gov/Form5471 for instructions and the latest information.
OMB No. 1545-0123
Name of person filing Form 5471 Identifying number
Name of foreign corporation EIN (if any) Reference ID number (see instructions)
Complete a separate Schedule Q with respect to each applicable category of income (see instructions).
A Enter separate category code with respect to which this Schedule Q is being completed (see instructions for codes) . . . . . . . . .
▶
B If category code “PAS” is entered on line A, enter the applicable grouping code (see instructions) . . . . . . . . . . . . . . . .
▶
Complete a separate Schedule Q for U.S. source income and foreign source income.
C Indicate whether this Schedule Q is being completed for:
U.S. source income or Foreign source income
Complete a separate Schedule Q for FOGEI or FORI income.
D
If this Schedule Q is being completed for FOGEI or FORI income, check this box . . . . . . . . . . . . . . . . . . . . . . . . . . . .
▶
Enter amounts in functional currency
of the foreign corporation (unless
otherwise noted).
(i)
Country
Code
(ii)
Gross Income
(iii)
Definitely Related
Expenses
(iv)
Related Person
Interest Expense
(v)
Other Interest
Expense
(vi)
Research & Experimental
Expenses
(vii)
Other Expenses
(attach schedule)
1 Subpart F Income Groups
a
Dividends, Interest, Rents, Royalties,
& Annuities (Total) . . . . . .
(1) Unit name
▶
(2) Unit name
▶
b Net Gain From Certain Property
Transactions (Total) . . . . .
(1) Unit name
▶
(2) Unit name
▶
c Net Gain From Commodities
Transactions (Total) . . . . .
(1) Unit name
▶
(2) Unit name
▶
d Net Foreign Currency Gain (Total)
(1) Unit name
▶
(2) Unit name
▶
e Income Equivalent to Interest (Total)
(1) Unit name
▶
(2) Unit name
▶
f Foreign Base Company Sales
Income (Total) . . . . . . .
(1) Unit name
▶
(2) Unit name
▶
Important: See Computer-Generated Schedule Q in instructions.
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 73414U Schedule Q (Form 5471) (12-2020)
DO NOT FILE
December 9, 2020
DRAFT AS OF
Schedule Q (Form 5471) (12-2020)
Page 2
(viii)
Current Year Tax on
Reattributed Income From
Disregarded Payments
(ix)
Current Year Tax on All
Other Disregarded
Payments
(x)
Other Current
Year Taxes
(xi)
Net Income
(column (ii) less
columns (iii) through (x))
(xii)
Foreign Taxes for
Which Credit Allowed
(U.S. Dollars)
(xiii)
Average Asset Value
(xiv)
High
Tax
Election
Reserved Reserved
1
a
(1)
(2)
b
(1)
(2)
c
(1)
(2)
d
(1)
(2)
e
(1)
(2)
f
(1)
(2)
Important: See Computer-Generated Schedule Q in instructions.
Schedule Q (Form 5471) (12-2020)
DO NOT FILE
December 9, 2020
DRAFT AS OF
Schedule Q (Form 5471) (12-2020)
Page 3
Enter amounts in functional currency
of the foreign corporation (unless
otherwise noted).
(i)
Country
Code
(ii)
Gross Income
(iii)
Definitely Related
Expenses
(iv)
Related Person
Interest Expense
(v)
Other Interest
Expense
(vi)
Research & Experimental
Expenses
(vii)
Other Expenses
(attach schedule)
1 Subpart F Income Groups
g Foreign Base Company Services
Income (Total) . . . . . . .
(1) Unit name
▶
(2) Unit name
▶
h
Full Inclusion Foreign Base Company
Income (Total) . . . . . . .
(1) Unit name
▶
(2) Unit name
▶
i Insurance Income (Total) . . .
(1) Unit name
▶
(2) Unit name
▶
j International Boycott Income . .
k Bribes, Kickbacks, and Other
Payments . . . . . . . .
l Section 901(j) income . . . .
2 Recaptured Subpart F Income .
3 Tested Income Group (Total) . .
(1)
Unit name
▶
(2)
Unit name
▶
4 Residual Income Group (Total) .
(1)
Unit name
▶
(2)
Unit name
▶
5 Total . . . . . . . . . .
Important: See Computer-Generated Schedule Q in instructions.
Schedule Q (Form 5471) (12-2020)
DO NOT FILE
December 9, 2020
DRAFT AS OF
Schedule Q (Form 5471) (12-2020)
Page 4
(viii)
Current Year Tax on
Reattributed Income From
Disregarded Payments
(ix)
Current Year Tax on All
Other Disregarded
Payments
(x)
Other Current
Year Taxes
(xi)
Net Income
(column (ii) less
columns (iii) through (x))
(xii)
Foreign Taxes for
Which Credit Allowed
(U.S. Dollars)
(xiii)
Average Asset Value
(xiv)
High
Tax
Election
Reserved Reserved
1
g
(1)
(2)
h
(1)
(2)
i
(1)
(2)
j
k
l
2
3
(1)
(2)
4
(1)
(2)
5
Important: See Computer-Generated Schedule Q in instructions.
Schedule Q (Form 5471) (12-2020)
Download
Save PDF to desktop
Email
Email completed PDF
Send for Signing
Email for others to sign
Print
Print document
Choose a Field
Click on a field and
select the person that should complete it
Want to add a signature?
You can add a signature field
and assign it to someone else
to sign
Choose a Field
Click on a field and
select the person that should complete it

Caution: DRAFTNOT FOR FILING (IRS)

This document is locked as it has been sent for signing.

You have successfully completed this document.

Other parties need to complete fields in the document. You will recieve an email notification when the document has been completed by all parties.

This document has been signed by all parties.

Completed 10 December 2020

Message

View Audit Log
Print With Audit Log
Duplicate Document