U.S. persons (and executors of estates of U.S. decedents) file Form 3520 to report: Certain transactions with foreign trusts. Ownership of foreign trusts under the rules of sections Internal Revenue Code 671 through 679. Receipt of certain large gifts or bequests from certain foreign persons. Current revision Form 3520 PDF Instructions for Form 3520 (Print versionPDF) Recent developments Change to Form 3520 (Rev. December 2023) -- 18-JAN-2024 Other items you may find useful All Form 3520 revisions About Publication 519, U.S. Tax Guide for Aliens About Publication 542, Corporations Other current products Related items About Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return About Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return About Form 1041, U.S. Income Tax Return for Estates and Trusts About Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner About Form 4970, Tax on Accumulation Distribution of Trusts About Schedule D (Form 1040), Capital Gains and Losses About Schedule E (Form 1040), Supplemental Income and Loss About Form 8082, Notice of Inconsistent Treatment or Administrative Adjustment Request (AAR) About Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships
