Two years behind on Forms 3520 and 3520-A after immigrating — what order do I fix things in?
Classic mess: I funded a foreign trust before moving to the US, became a resident two years ago, and have filed regular income tax returns ever since — but never a 3520 or 3520-A. There have also been a couple of trust distributions to me along the way. I want to come clean, but I'm scared of filing something half-baked and triggering the penalty machine. Is there a recommended sequence?
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