1120-F Schedule V List of Vessels or Aircraft, Operators, and Owners

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. Include “NTF”
followed by the form number (for example, “NTF1040” or “NTFW4”, etc.) in the
body of the message to route your message properly. 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, but we will
review each routed message.
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.

SCHEDULE V
(Form 1120-F)

List of Vessels or Aircraft, Operators, and Owners

(Rev. December 2022)
Department of the Treasury
Internal Revenue Service
Name of corporation

OMB No. 1545-0123

Attach to Form 1120-F.
Go to www.irs.gov/Form1120F for instructions and the latest information.

Employer identification number

DRAFT AS OF
November 28, 2022
DO NOT FILE
Provide the information requested on lines 1 through 9 for each vessel or aircraft with respect to which the corporation is subject to a
4% rate of tax under section 887. If you check “Yes” on line 3 or line 4 for a vessel or aircraft chartered in or chartered out, see
instructions to determine whether you must attach a statement to Schedule V with additional information.
A

B

C

D

1

Name of vessel or type of aircraft .

.

.

.

2

Vessel or aircraft ID number .

.

.

.

3

Was the vessel or aircraft chartered in? .

.

Yes

No

Yes

No

Yes

No

Yes

No

4

Was the vessel or aircraft chartered out?

.

Yes

No

Yes

No

Yes

No

Yes

No

5

Name of registered owner

6

EIN or SSN of registered owner

7

Name of operator .

.

.

.

8

EIN or SSN of operator

.

.

9

U.S. source gross transportation income. See
instructions for details regarding a statement
that must be attached to Schedule V describing
the method used to determine your U.S. source
gross transportation income . . . . . .

10

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

Total U.S. source gross transportation income. Add the amounts on line 9, columns
A through D (and the amounts on line 9 of any attached continuation statements) . .

10

11

Amount of line 10 that is exempt by treaty (attach Form 8833).

11

12

Subtract line 11 from line 10. Enter the result here and on Form 1120-F, Section I, line
9, column (b) . . . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the Instructions for Form 1120-F.

.

.

.

.

.

.

.

Cat. No. 50821R

.

12
Schedule V (Form 1120-F) (Rev. 12-2022)