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Get the free Form 3520-A (Rev. December 2023)

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FormAnnual Information Return of Foreign Trust With a U.S. Owner3520ADepartment of the Treasury Internal Revenue ServiceOMB No. 154501592020(Under section 6048(b))Go to www.irs.gov/Form3520A for instructions
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How to fill out form 3520-a rev december

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How to fill out form 3520-a rev december

01
Begin by downloading form 3520-A Rev December from the IRS website.
02
Fill in the personal information section with your name, address, and taxpayer identification number.
03
Provide information about the trust for which you are filing this form, including the trust's name and employer identification number.
04
Fill out Part I of the form, which includes information about the trust's income, assets, and distributions.
05
Complete Part II of the form, which covers the trust's beneficiaries and the amounts they received.
06
Check all applicable boxes and provide any additional information requested on the form.
07
Sign and date the form before submitting it to the IRS.

Who needs form 3520-a rev december?

01
Individuals who are considered U.S. persons and are responsible for reporting the activities of a foreign trust need to file form 3520-A Rev December.
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Form 3520-A is an information return for a foreign trust with at least one U.S. owner that is part of the U.S. person's information return due by the 15th day of the 3rd month after the end of the trust's tax year.
U.S. persons who are treated as owner of any part of a foreign trust under the Internal Revenue Code are required to file Form 3520-A.
Form 3520-A should be completed following the instructions provided by the IRS, ensuring all required information, schedules, and attachments are included.
The purpose of Form 3520-A is to report the income, deductions, and credits of a foreign trust and the amounts paid or credited to its U.S. owners.
The form requires information on the trust's income, distributions, contributions, and other financial activities related to the U.S. owner.
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