Schedule A (Form 4626), Pro-Rata Share of Adjusted Net Income or Loss of CFCs Described in Section 56A(c)(3), is an Internal Revenue Service (IRS) schedule that you attach to Form 4626. A corporation uses it to list each controlled foreign corporation (CFC) and to figure its pro-rata share of that CFC's adjusted net income or loss. On this page you can fill out the form online on FillingPDF and download or print the completed PDF; the IRS publishes the form and its instructions at www.irs.gov/Form4626.
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What is Schedule A (Form 4626)?
Schedule A (Form 4626) is the IRS schedule, attached to Form 4626, on which a corporation lists each controlled foreign corporation (CFC) and works out its pro-rata share of the CFC's adjusted net income or loss described in section 56A(c)(3).
The schedule is a single table with one row for each CFC, numbered 1 through 30, and a Total row on line 31. For each CFC you enter:
- (a) the name of the CFC;
- (b) its EIN or reference ID number;
- (c) its country of incorporation, as a country code;
- (d) its current year net income or (loss) in U.S. dollars;
- (e) its section 56A(c)(3) adjustments in U.S. dollars;
- (f) the combined amount of columns (d) and (e);
- (i) the pro-rata share of adjusted net income or (loss) of the CFC described in section 56A(c)(3), in U.S. dollars.
Columns (g) and (h) are marked Reserved for future use. The form is issued under OMB No. 1545-0123, carries the date December 2024 and has Cat. No. 94588N. It is not filed on its own: the form says to attach it to Form 4626, and it refers to the Instructions for Form 4626 and to www.irs.gov/Form4626 for the latest information.
Who needs to file Schedule A (Form 4626)?
The schedule is for a corporation that is completing Form 4626 and has controlled foreign corporations whose pro-rata share of adjusted net income or loss, as described in section 56A(c)(3), must be listed. The form itself asks for the name of the corporation and its employer identification number (EIN) at the top, so the filer is the corporation that files Form 4626.
The form does not state who must file it, and it does not say who may sign or file for someone else. It sends the reader to the Instructions for Form 4626 and to www.irs.gov/Form4626 for those questions. If you are not attaching a Form 4626, this schedule has no use on its own, because it is a schedule of that form.
One row is provided for each CFC, up to 30 rows. Check the IRS instructions for Form 4626 if your corporation has more CFCs than the form has rows.
When to file Schedule A (Form 4626)
Schedule A (Form 4626) has no due date of its own. The form says to attach it to Form 4626, so it is completed and submitted whenever Form 4626 is filed. The top of the form asks for the tax year ended, so the schedule covers the same tax year as the Form 4626 it accompanies. For any deadline or extension that applies to Form 4626, see the Instructions for Form 4626 at www.irs.gov/Form4626.
How to fill out Schedule A (Form 4626)
Enter the tax year and corporation
At the top, enter the date for "For tax year ended", the name of the corporation and its employer identification number (EIN).
List each CFC in column (a)
On rows 1 through 30, enter the name of each controlled foreign corporation (CFC), one CFC per row.
Enter the EIN or reference ID
In column (b), enter the EIN or reference ID number of each CFC.
Enter the country of incorporation
In column (c), enter the country of incorporation of each CFC using the country code, as the column instructs.
Enter current year net income or loss
In column (d), enter each CFC's current year net income or (loss) in U.S. dollars. Show losses in parentheses.
Enter section 56A(c)(3) adjustments
In column (e), enter the section 56A(c)(3) adjustments for each CFC in U.S. dollars.
Combine columns (d) and (e)
In column (f), enter the combined amount of column (d) and column (e) for each CFC.
Skip the reserved columns
Columns (g) and (h) are marked Reserved for future use, so nothing is entered in them.
Enter the pro-rata share in column (i)
In column (i), enter the pro-rata share of adjusted net income or (loss) of each CFC described in section 56A(c)(3), in U.S. dollars, following the Instructions for Form 4626.
Complete the Total row
On line 31, Total, enter the totals as the form and the Instructions for Form 4626 direct.
Review and download the PDF
Check every row and the heading information, then download or print the completed PDF from FillingPDF and attach it to Form 4626.
How to submit Schedule A (Form 4626)
Schedule A (Form 4626) has no separate filing channel: it is submitted as an attachment to Form 4626.
- With Form 4626: attach the completed schedule to Form 4626 and send the package by the method that applies to that form.
- Addresses and e-filing details: the schedule prints no mailing address, portal or appointment rule. Look for them in the Instructions for Form 4626 at www.irs.gov/Form4626, the address printed on the form.
Before you send it, check that the name of the corporation, its EIN and the tax year ended are filled in at the top. FillingPDF lets you fill out and download the PDF; submission follows the channels that apply to Form 4626.
Common mistakes to avoid
- Submitting the schedule without attaching it to Form 4626; the form states it is to be attached to Form 4626.
- Leaving out the name of the corporation, the EIN or the tax year ended at the top of the schedule.
- Entering amounts in a foreign currency; columns (d), (e), (f) and (i) are labeled in U.S. dollars.
- Writing the country name in column (c) instead of the country code the column asks for.
- Entering something in columns (g) or (h), which are marked Reserved for future use.
- Entering in column (f) anything other than the combination of column (d) and column (e).
- Omitting the EIN or reference ID number of a CFC in column (b).
- Relying on this schedule alone for filing rules; the form refers to the Instructions for Form 4626 for details.
Frequently asked questions
What is Schedule A (Form 4626)?
Schedule A (Form 4626) is an IRS schedule titled Pro-Rata Share of Adjusted Net Income or Loss of CFCs Described in Section 56A(c)(3). It is attached to Form 4626 and lists each controlled foreign corporation with its net income or loss, adjustments and pro-rata share.
Is Schedule A (Form 4626) filed by itself?
No. The form says to attach it to Form 4626, so it is submitted with that form. It prints no separate address, portal or due date of its own.
Where do I find the instructions for Schedule A (Form 4626)?
The form refers to the Instructions for Form 4626 and to www.irs.gov/Form4626 for instructions and the latest information. The schedule itself only gives the column headings and the 30 rows plus the Total line.
What do I enter in columns (g) and (h)?
Nothing. Both columns are marked Reserved for future use on the December 2024 version of the form. The amounts you calculate go in columns (d), (e), (f) and (i).
How is column (f) figured?
Column (f) is the combination of column (d), the CFC's current year net income or (loss), and column (e), its section 56A(c)(3) adjustments. Both are in U.S. dollars, and losses are shown in parentheses.
How many CFCs can I list on Schedule A (Form 4626)?
The schedule has 30 numbered rows, one per CFC, followed by line 31 for the Total. If your corporation has more CFCs, check the Instructions for Form 4626 at www.irs.gov/Form4626.
Can I fill out Schedule A (Form 4626) online?
Yes. You can fill out the PDF online on FillingPDF and download or print it. FillingPDF is an independent service and does not file the schedule with the IRS; you submit it with Form 4626 through the IRS channels.
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