IRS Form 3520 – Gifts from Non-U.S. Persons
The IRS Form 3520 is filed to report interests in foreign trusts, as well as gifts from foreign persons. This sample Form 3520 covers gift reporting from a non-U.S. citizen to a U.S. person.
The IRS Form 3520 is filed to report interests in foreign trusts, as well as gifts from foreign persons. This sample Form 3520 covers gift reporting from a non-U.S. citizen to a U.S. person.
Gifts from foreign corporations made to U.S. persons may be reportable on a Form 3520. This article and video tutorial cover a sample Form 3520 for a gift made by a Cayman Corporation.