Please update your browser. Form 1120 (2015) Page 3 Schedule J Tax Computation and Payment (see instructions) Part I ' Tax Computation 1 Check if the corporation is a member of a controlled. US IRS expands automated Form 5471 penalty program to Form 5472 IRS expands automated Form 5471 penalty program to Form 5472 The IRS has begun applying automatic penalties to late-filed Forms 5472 (Information Return of a 25%. Form 5472 be filed in all cases only with the filer’s income tax return for the taxable year by the due date (including extensions) of that return. US Outbound Newsalert www.pwc.com Important revisions to Form 5471 filing instructions February 26, 2013 In brief The IRS recently made two important revisions to the.
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