Should I write 'N/A' or 'None' in blank fields?

No. Leave the fields completely untouched. The IRS instructions for pro forma filings specify the unused sections stay blank, not marked.

What if I don't know my LLC's total assets at year-end?

It's usually the ending balance in your business bank account, plus any equipment or receivables. If your LLC only has a bank account, use that ending balance.

Can I print a blank 1120 PDF and fill it by hand?

Yes, the IRS accepts handwritten Form 1120. Use blue or black ink, write neatly, and stamp "Foreign-Owned U.S. DE" at the top. Our service generates a typed PDF you can sign — fewer errors.

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1120 Pro Forma Instructions (Foreign-Owned LLCs)

Filling out a pro forma Form 1120 is different from a real corporate tax return. You complete almost nothing. Below is the field-by-field breakdown of what to fill in, what to leave blank, and the common mistakes that cause the IRS to misprocess your filing.

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Page 1 header — fully filled in

• Entity name — exactly as on your EIN confirmation letter (CP-575) • EIN — your 9-digit IRS-issued number • Number, street, and room or suite — your US business address (registered agent address is fine) • City, state, ZIP • A: Check box "Initial return" only if this is your LLC's first year • B: Employer Identification Number — same EIN as above • C: Date incorporated — your LLC's formation date • D: Total assets at year-end — from Schedule L, line 15, column (d). Round to nearest dollar • E: Check applicable boxes — usually all blank for a pro forma filing At the very top of page 1, write or stamp: "Foreign-Owned U.S. DE"

Income section (lines 1-11) — LEAVE BLANK

Lines 1a through 11 cover gross receipts, returns, dividends, interest, gross rents, royalties, capital gains, and other income. ALL of these lines stay blank on a pro forma filing. Don't write "0," don't write "N/A," don't write anything. Leave the line untouched. Why: writing zeros could be interpreted as a complete (incorrect) income tax return rather than a pro forma information envelope.

Deductions section (lines 12-29) — LEAVE BLANK

Lines 12 through 29 cover officer compensation, salaries, repairs, bad debts, rents, taxes, interest, depreciation, depletion, advertising, pensions, employee benefits, reserves, and other deductions. ALL blank on a pro forma filing.

Tax, refundable credits, and payments (lines 30-37) — LEAVE BLANK

All blank. Your LLC isn't computing tax. The pro forma 1120 is informational only.

Schedules — what to do

Schedule C (Dividends): blank Schedule J (Tax Computation): blank Schedule K (Other Information): blank Schedule L (Balance Sheet): only line 15, column (d) — Total Assets at end of year. All other balance sheet lines blank. Schedule M-1 (Reconciliation of Income): blank Schedule M-2 (Analysis of Retained Earnings): blank

Signature block

Sign on the signature line at the bottom of page 1 in PEN. Digital signatures are not accepted by the IRS for these filings. Date: when you actually sign Title: "Member" or "Owner" (or "Sole Member") Paid preparer section: leave blank if you're filing yourself (or completed by your preparer if using one)

Common mistakes that trigger IRS notices

• Writing zeros in the income section — IRS may process it as a real (zero-income) tax return and ask questions later • Forgetting the "Foreign-Owned U.S. DE" stamp at the top of page 1 • Filling in Schedule L with a complete balance sheet (only line 15 column (d) is needed) • Signing digitally instead of in pen • Mailing to the wrong IRS address — must go to Ogden PIN Unit, not regular 1120 processing center • Forgetting to attach Form 5472 + Part V supporting statement

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Frequently asked questions

Should I write 'N/A' or 'None' in blank fields?: No. Leave the fields completely untouched. The IRS instructions for pro forma filings specify the unused sections stay blank, not marked.
What if I don't know my LLC's total assets at year-end?: It's usually the ending balance in your business bank account, plus any equipment or receivables. If your LLC only has a bank account, use that ending balance.
Can I print a blank 1120 PDF and fill it by hand?: Yes, the IRS accepts handwritten Form 1120. Use blue or black ink, write neatly, and stamp "Foreign-Owned U.S. DE" at the top. Our service generates a typed PDF you can sign — fewer errors.