Do You Need to File Form 3520?
Form 3520 reports foreign trusts and large foreign gifts— not foreign companies. Tell us what happened and we’ll point to the right Part, the threshold, and the penalty exposure. The gift threshold depends on who gave you the money.
A triage, not legal advice. Foreign-trust facts get complex fast — get help.
1. What happened this year?
Learn more
- Form 3520 & 3520-A guide — the §6048 buckets, the pre-immigration trap, gift aggregation, and the penalty math in full.
- Behind on multiple foreign-reporting forms? Streamlined Eligibility Checker shows whether a cleanup procedure fits.
- Your foreign-owned US LLC’s own filing is Form 5472 — a separate return from anything here.
Official IRS sources
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