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Funding Verification Form EVENT #: 6047TITLE: Summary Change Order I&D Water Subtotal FUNDING AMOUNT: AMOUNT $24,188.19FUNDING SOURCE: BUDGET YEAR 2020FUND 311CAPITAL IPR. FUNDDEPARTMENT 9207CAPITAL
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What is event 6047?
Event 6047 is a reporting requirement for certain foreign trusts with activities in the United States.
Who is required to file event 6047?
The person treated as an owner of any portion of a foreign trust that has US beneficiaries or US income is required to file event 6047.
How to fill out event 6047?
Event 6047 must be filled out using Form 3520-A and submitted to the IRS.
What is the purpose of event 6047?
The purpose of event 6047 is to report information about foreign trusts with US connections to the IRS.
What information must be reported on event 6047?
Information such as the name of the trust, its beneficiaries, income, and distributions must be reported on event 6047.
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