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20172018FTP**RETURN TO CCBC FINANCIAL AID OFFICE**Financial Aid Office PRIVLNPrivate Education Loan Applicant SelfCertificationOMB No. 18450101 Form Approved Exp. Date 05312016 Important: Pursuant
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FTP stands for Foreign Trust Tax Return, which is a form used by U.S. persons to report information about foreign trusts.
Individuals, estates, and trusts that have control over foreign trusts or received distributions from foreign trusts are required to file FTP.
To fill out FTP, individuals should gather necessary information about the foreign trust, including details of the trust assets, income, and distributions, and then complete the IRS Form 3520-A as instructed.
The purpose of FTP is to report the existence, income, distributions, and other relevant details of foreign trusts to ensure compliance with U.S. tax laws.
Information that must be reported includes the name and address of the foreign trust, details of U.S. beneficiaries, and income or distributions received from the trust.
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