Hi All - on teh back of my message yesterday I have been doing some overnight research & learnt that Foreign Owned Single Member LLC's are considered Disregarded Entities by Federal Law. Which means the entity is ignored/disregarded & the sole member or propreitor needs to pay file for tax. Which made me take notice of Form 1040NR Schedule C. Until yesterday I believed that I need to file 5472 & 1120 but turns out these two forms are for S &/or C Corporation. But since a foreign owned single member LLC is by default considered a DE - these forms don't apply. It also seems the deadline for 1040NR is June 15 (not April 15 that is for 5472 &1120) My ask: Has anyone has knoweldge on the applicability of 1040NR v/s 5472 & 1120? Thanks a ton.