Form 3520 and Form 3520-A are information returns and are processed to the Business Master File (BMF). Form 3520 is processed under MFT 68. Form 3520-A is processed under MFT 42.

Form 3520, Annual Return to Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts, is filed by U.S. persons (and executors of estates of U.S. decedents) to report certain transactions with foreign trusts and receipt of certain large gifts or bequests from certain foreign persons.

Form 3520-A, Annual Informational Return of Foreign Trust with a U.S. Owner (Under section 6048(b)), is filed by a foreign trust with a U.S. owner for the U.S. owner to satisfy its annual information reporting requirements under IRC 6048(b).

The effective dates of Form 3520 and Form 3520-A are:

The authority for the procedures in this IRM is found in the following sections of the Internal Revenue Code (IRC) and their corresponding Treasury Regulations:

The Director of the Submission Processing (SP) office monitors operational performance for the SP campus.

The Operation Manager monitors operational performance for the operation.

The team manager/lead monitors performance and ensures employees have the tools to perform their duties.

The team employees follow the instructions contained in this IRM and maintain updated IRM procedures from SERP (Servicewide Electronic Research Program).

Program Reports: The Monitoring Section under Submission Processing Program Management/Process Assurance monitors the Code & Edit reports.

Program Effectiveness: The program goals are measured by the following reviews:

Annual Review: This IRM is updated and published annually after review by affected offices according to the clearance process established in IRM 1.11.9, Internal Management Documents, Clearing and Approving Internal Management Documents (IMDs).

See Exhibit 3.21.19-6 for a list of terms and definitions used within this IRM.

Job Aid 6808-001 has been developed to assist tax examiners in their work.

The National Taxpayer Advocate reached agreements with the Commissioners of the Wage and Investment (W&I) Division, Small Business/Self-Employed (SB/SE) Division, Tax Exempt Government Entities (TEGE), Criminal Investigation (CI), Appeals, and Large Business and International (LB&I) that outline the procedures and responsibilities for processing Taxpayer Advocate Service (TAS) casework when either the statutory or delegated authority to complete case transactions rests outside of TAS. These agreements are known as Service Level Agreements (SLAs).

The SLAs are found at https://irsgov.sharepoint.com/sites/TAS/SitePages/SLA.aspx.

Edit marks are edited on the return for transcription to the Automated Data Processing (ADP) System through the Integrated Submission and Remittance Processing (ISRP) system. Enter edit marks in brown, red, orange, purple or green pencil or pen.

Only edit items on the return that are for transcription except where specific instructions require editing of a non-transcribed item. Leave lines blank if the entry would be a zero amount unless otherwise instructed.

Do not destroy, alter, or erase the original entry on a return when deleting or correcting an entry. Always exercise care to ensure that the original entry is still legible. Perfected entries provide a legible "edit trail" for anyone who may work with the return later.

Do not re-edit edit marks entered by other areas, such as Collections, Entity or Accounts Management, except to place the marks in the correct area or perfect for legibility.

Photocopied Returns - Re-edit or underline any valid, black edit marks. See IRM 3.21.19.11.1, Correspondence Imaging Inventory (CII) Returns, and IRM 3.21.19.13.4, Re-Entry Document Procedures.

For a description of specific edit marks, see the table below:

Action Codes are used to show whether correspondence, research or some other action is needed. The Action Code sets the suspense period for the return and places the return in the workable or unworkable suspense inventory.

When necessary, assign a three-digit Action Code.

Edit the Action Code in the bottom left margin of the return.

Assign Action Codes in the following priority:

Use the following table if more than one Action Code is needed.

Edit the following Action Codes when a return cannot be perfected:

Continue perfecting the return after editing the Action Codes.

Valid Action Codes are listed below:

Continue perfecting the return after editing the Action Codes.

Correspondence Imaging Inventory (CII) is an inventory system for scanning all Account Management (AM) receipts into digital images and working the cases from those images.

"CII" returns are shown with "CII Image - Do not correspond for signature" stamped below the signature line or "CII" annotated on the front of the return.

Verify all edit marks and ensure placement is correct on a "CII" return.

Follow the correspondence instructions below for "CII" returns:

For returns completed in other than U.S. currency, process as filed. However, if corresponding for missing/incomplete item(s), include in the letter to resubmit in U.S. currency.

Review all attachments to the return before the return can be considered processable.

Follow the general guidelines below for each attachment.

A return is considered Amended based on the following:

Examine the return for attachments.

If you receive an amended or corrected Form 3520 or Form 3520-A, do not edit Computer Condition Code (CCC) "G" or "U" on the return; Instead do the following:

Follow the chart below when there is an indication of an amended Form 3520-A: (This does not apply to Form 3520):

The following data must be edited on all amended returns:

A return is normally delinquent if it is not received on or before the return due date. However, accept the return as timely filed ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ See IRM 3.21.19.16.1, Monthly Received Date Chart, IRM 3.10.72, Receiving, Extracting, and Sorting or IRM 3.10.73, Batching and Numbering.

Accept a return as timely filed if the return was mailed in time to reach the Service through normal handling within the legal period but, through no fault of the taxpayer, it was not delivered.

Consider a return timely if both of the following conditions exist:

Consider a return timely if it is received or postmarked on the next workday when the last day for filing falls on a Saturday, Sunday, or legal holiday. The due date is extended to the next business day when the regular due date falls on a Saturday, Sunday, or legal holiday.

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The due date for Form 3520 is the 15th day of the 4th month following the end of such person’s tax year for income tax purposes (4/15 for Form 1040). (For taxpayers in Maine and Massachusetts with Tax Period 202312, the timely postmark date is April 17, 2024 due to holidays.)

The due date for Form 3520-A is the 15th day of the 3rd month after the end of the foreign trust’s tax year (the trust can be a fiscal or calendar year filer). The U.S. owner can file an extension of time to file Form 3520-A with Form 7004.

Edit CCC "R" if "Streamlined Foreign Offshore" or "Streamlined Domestic Offshore" is written across the top of Form 3520 or Form 3520-A and the Austin received date is present.

If the return (Form 3520 or Form 3520-A) is delinquent, check the return for an explanation of late filing. If the taxpayer attaches correspondence with a reasonable cause explanation for failure to file a timely return:

Compliance functions (Collections and Examination) secure returns from the taxpayer and prepare returns if the taxpayer does not provide them.

Compliance notates:

Reprocess a return posted to the wrong account or module to post it to the correct account module.

Each re-entry return must have a Form 3893, Re-Entry Document Control, or Form 13596, Reprocessing Returns, attached.

Always leave the Form 3893 or Form 13596 on the front of the return. It must remain as a permanent part of the document.

Examine Form 3893 to figure out the action needed to make the return processable. Determine if the return was edited according to current processing instructions.

If more information is needed to make the return processable, prepare 3653C Correspondence Action Sheet, or follow local correspondence procedures.

Any return with a Received Date that is two years and nine months or more after the Return Due Date is a potential statute control return.

Form 3520 and Form 3520-A are information returns and do not require statute clearance. Edit as follows:

Remove returns marked as "Protective Claims" , "Protective Claim for Refund" , or similar statement from the batch and route to Accounts Management (AM). Notate "Protective Claim" in the remarks box of Form 4227, Intra-SC Reject or Routing Slip.

Edit CCC "C" only when instructed, after the taxpayer does not reply to IRS-generated correspondence.

For Form 3520-A. Edit CCC "E" When the "Extension filed" checkbox is marked.

Edit CCC "F" when:

CCC "G" indicates an Amended Return.

CCC "3" and CCC "U" are the only Computer Condition Codes valid with CCC "G" .

See IRM 3.21.19.13.1.

Edit CCC "I" (letter i) when the "Initial return" or "Initial return (extension filed)" checkbox is marked.

For Form 3520:

For Form 3520-A:

CCC "N" is used to bypass the EIN requirement when the EIN is missing, incomplete, has all the same numeric values; (e.g., all 9’s or zeros). If these conditions are present, route to Entity.

CCC "N" should only be edited if instructed.

See IRM 3.21.19.13.2.

Edit CCC "R" if "Streamlined Foreign Offshore" or "Streamlined Domestic Offshore" is written across the top of Form 3520 or Form 3520-A and the Austin received date is present.

Edit CCC "R" when the received date is prior to 01/01/2018.

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For Form 3520-A only. Edit CCC "S" when the "Substitute Form 3520-A" checkbox is marked.

Edit CCC "U" to reject unprocessable returns, Form 3520 only. See IRM 3.21.19.10, Unprocessable Conditions.

Do not edit CCC "U" on amended Form 3520 returns. See IRM 3.21.19.13.1.

Edit CCC "W" on Form 3520-A when the return is received more than two years and nine months after the return due date. Form 3520-A is an information return and does not require statute clearance.

Accept the return as submitted (e.g., short period return).

CCC "Y" is edited for Change of Accounting Period, Form 3520-A only. Enter only for short period returns due to change of account period (not due to initial or final filing).

Edit the CCC "Y" when the W&I Submission Processing Liaison for TAS issues OAR, or walks a return through Code & Edit for processing.

Edit CCC "3" (No Reply to Correspondence) to bypass validation of the "CRD" (Correspondence Received Date) when the taxpayer does not reply to IRS-generated correspondence.

For more information, see IRM 3.21.19.11 and IRM 3.21.19.16.

Edit CCC "4" when the IRS Compliance Function prepared the return and the Revenue Officer entered IRC 6020(b).

Edit CCC "5" on all returns 2015 and later if "1040" is present on Line 1k of Form 3520. Not valid on 2014 and prior. Not valid on Form 3520-A.

A "FINAL" short-period return ends on the date the foreign trust was liquidated or distributed all of its assets.

Use the numeric designation for the calendar month that precedes the received date of the return if a calendar year return is received before the end of the current processing year and the trust indicates that the return is a final return but does not specify a month ending date.

For fiscal year returns, edit the Tax Period's month to one month prior to the Received Date when the Tax Period is the same month and year or later than the Received Date.

Form 3520 or Form 3520-A with a tax period 202412 that is filed before January 1, 2025 is considered early-filed.

Early-filed returns must be held for processing until January 2025.

Edit CCC "U" for Form 3520 and edit Action Code "480" for Form 3520-A. Route to Rejects using Form 4227 to hold for processing.

A fiscal year is twelve full months ending on the last day of any month other than December.

Edit the tax period on a fiscal year return in the YYYYMM format to indicate the year and month the tax period ended.

The tables below provide monthly return due date information for Form 3520 and Form 3520-A:

The instructions in the following sections are for processing Tax Years 2020 to current year. To process 2019 and prior years, refer to the Prior Year Section in this IRM and refer to Job Aid number 6808-001 for renumbering instructions.

Reject any Form 3520 filed for tax period ending December 31, 1997 and prior.

For filers other than individuals, the name control consists of the first four characters of the filer's (corporation, partnership, trust, etc.) name. Refer to the Name Control Job Aid for more information: Document 7071 (IMF) or Document 7071A (BMF) for name control reference guide.

Valid characters are:

Do not include "THE" in the name control when "THE" is followed by more than one word.

For individuals, the name control consists of the first four letters of the filer’s LAST name.

Only Underline the name control on Line 1a. See Figure 3.21.19-3

Figure 3.21.19-3

Underline the Name ControlThis is an example of a Current Year Form 3520 with the completed Entity data by the taxpayer on Lines 1a through 1h. The following information is what appears on the form.Line A - Check appropriate boxesthe taxpayer marked Final return checkbox Since the Final return checkbox is marked, an F has been edited in red at the end of Line A. Line B - Check appropriate boxesthe taxpayer marked Trust checkbox Since the Trust checkbox is marked, a T has been edited in red at the end of Line B. {under Line C} Check all applicable boxes: checkbox {A red number 1 has been edited to the left of the checkbox marked: }You are a U.S. owner of all or any portion of a foreign trust at any time during the tax year. Complete all applicable identifying information requested below and Part II of the form.checkbox:{A red number 1 has been edited to the left of the checkbox marked:}You are (a) a U.S. person (including a U.S. owner) or an executor of the estate of a U.S. person who, during the current tax year, received, directly or indirectly, a distribution from a foreign trust; (b) a U.S. person who is a U.S. owner or beneficiary of a foreign trust and in the current tax year, you or a person related to you received (1) a loan of cash or marketable securities, directly or indirectly, from such foreign trust, or (2) the uncompensated use of trust property; or (c) a U.S. person who is a U.S. owner or beneficiary of a foreign trust and in the current tax year such the foreign trust holds an outstanding qualified obligation of yours or a U.S. person related to you. Compete all applicable identifying information requested below and Part III of the form.The following taxpayer entity information from Line 1a through 1h appears below with the name control underlined in red, and appearing in brackets in the first bullet.Line 1a -- {Goph}er Public LibraryLine 1b -- 00-7879569Line 1c -- 6000 Ferret RdLine 1d -- blankLine 1e -- BoiseLine 1f -- IDLine 1g -- 83708Line 1h -- blank

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Verify that the "in-care-of" name is located above the street address.

Arrow up the "in-care-of" name, if located below the address.

A change to the "in-care-of" name can be figured out by the following:

A nine-digit taxpayer identification number (TIN) must be included on Line 1b of Form 3520 and Form 3520-A, page 3 Line 6b submitted for processing.

The TIN may be one of the following:

Circle out an invalid or illegible TIN and edit the correct number, if available, to the left of the filer's entry. Entry is considered invalid if:

Figure 3.21.19-4

Initial Return with SSNSummary: This figure displays the editing of an initial return with SSN on Line 1b on a current calendar year Form 3520 return. The following is a description of the figure. Line A -- Check appropriate boxesthe taxpayer marked Initial return checkbox and an I is edited in red at the end of Line A.Line B -- Check box that applies to person filing return:the taxpayer marked Individual checkbox and a letter I is edited in red at the end of this line.{Under Line C} Check all applicable boxes:checkbox{A number 1 has been edited in red to the left of the marked checkbox that the was marked by the taxpayer.}You are a U.S. transferor who, directly or indirectly, transferred money or other property during the current tax year to a foreign trust; (b) a U.S. person who (1) during the current tax year, transferred property (including cash) to a related foreign trust(or a person related to the trust) in exchanged for an obligation, or (2) holds a qualified obligation from the trust that is currently outstanding; or (c) the executor of the estate of a U.S. decedent and (1) the decedent made a transfer to a foreign trust by reason of death, (2) the decedent was treated as the owner of any portion of a foreign trust immediately prior to death, or (3) the decedent’s estate included any portion of the assets of a foreign trust. Complete all applicable identifying information requested below and Part I of the form. checkbox{A number 1 has been edited in red to the left of the marked checkbox that was marked by the taxpayer.}You are a U.S. owner of all or any portion of a foreign trust at any time during the tax year. Complete all applicable identifying information requested below and Part II of the form.The Entity information from Line 1a through 1h are represented below. Lines 1a through 1h reads as:Line 1a, Name of U.S. person(s) with respect to whom this Form 3520 is being filed (see instructions): ASH & HOLLY MARTEN and the name control MART is underlined in red.Line 1b, Taxpayer identification Number (TIN) -- 000-00-9250 followed by the TIN Type indicator 0 edited in red in the right marginLine 1c, Number, street, and room or suite no. If a P.O. box, see instructions -- 206 Elk Rd.Line 1d, Spouse’s TIN -- 000-00-3248 followed by the TIN Type indicator 0 edited in red in the right marginLine 1e, City or town -- San JoseLine 1f, State or province -- CALine 1g, ZIP or postal code -- 95101Line 1h, Country -- blankThere is a text box below the return that reads; INITIAL RETURN WITH SSN - Completely edit and remove from the pack. Route to Entity

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Determine the TIN as follows for required TIN fields on Form 3520 and Form 3520-A:

Be sure to edit the correct TIN Type indicator after each TIN. See IRM 3.21.19.20.4.

The filer's TIN type must be edited if the filer's TIN is an SSN or ITIN.

Valid characters are "0" (zero) and "blank" .

Figure 3.21.19-5

Editing the TIN TypeThis figure displays the editing of the TIN Type, when the TIN on Line 1b is an SSN or an ITIN. This is an example of a Current Year Form 3520. On the top right of the form title is the edited tax period, 202309.{Immediately above Line A appears the following sentence} For calendar year 20XX, or tax year beginning, the taxpayer edited Oct. 7, 20XX, ending Sept. 30, 2023. Line A -- Check appropriate boxesthe taxpayer marked Final return checkbox and an F is edited in red in the right margin.Line B -- Check box that applies to person filing return:the taxpayer marked Individual checkbox and an I is edited in red in the right margin.{under Line C} Check all applicable boxes:checkbox{A number 1 has been edited in red to the left of the checkbox that was marked by the taxpayer.} You are (a) a U.S. transferor who, directly or indirectly, transferred money or other property during the current tax year to a foreign trust; (b) a U.S. person who (1) during the current tax year, transferred property (including cash) to a related foreign trust (or a person related to the trust) in exchange for an obligation, or (2) holds a qualified obligation from the trust that is currently outstanding; or (c) the executor of the estate of a U.S. decedent and (1) the decedent made a transfer to a foreign trust by reason of death, (2) the decedent was treated as the owner of any portion of a foreign trust immediately prior to death, or (3) the decedent’s estate included any portion of the assets of a foreign trust. Complete all applicable identifying information requested below and Part 1 of the form.Line 1 (which was completed by the taxpayer)Line 1a, Name of U.S. person(s) with respect to whom this Form 3520 is being filed (see instructions) -- field has Susan M Otter and the name control Otte is underlined in red.Line 1b, Taxpayer identification number (TIN) -- field has 000-00-0927 followed by the TIN Type indicator 0 which is edited in red in the right margin.Line 1c, Number, street, and room or suite no. If a P.O. box, see instructions. -- field has 2463 So. 425 E.Line 1d, Spouse's TIN -- blank fieldLine 1e, City or town -- Salt Lake CityLine 1f, State or province -- UTLine 1g, ZIP or foreign postal code -- 84100Line 1h, Country -- blank

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The street address must be present. The street address can be found on Line 1c.

Perfection of the address is necessary when the mailing address (Street or P.O. Box) is not easily identified.

A business may have two addresses. One is the mailing address and the other is the location address or physical location of the business.

Both domestic (U.S.) and foreign addresses should include:

If two addresses are shown, underline the mailing address (second street address).

If both a P.O. Box and a street address are shown, see IRM 3.21.19.20.5.3, Editing TC014 - Address Changes.

If necessary, abbreviate the street address.

When editing either the mailing or location address information, remember the following guidelines:

A foreign (international) address is any address that is not in the 50 states, the District of Columbia or any U.S. Territory. See IRM 3.21.19.20.6, U.S. Territories.

Returns with Army Post Office (APO)/ Diplomatic Post Office (DPO)/Fleet Post Office (FPO) addresses are considered domestic addresses. See IRM 3.21.19.20.5.1, APO/DPO/FPO Address.

Route returns with a foreign address to Ogden Submission Processing Center (OSPC) for processing. Prepare Letter 86C to inform the taxpayer that the return has been sent to OSPC.

All other foreign addresses are edited the same as a domestic address with the following exceptions:

The spouse’s TIN may or may not be present.

An entry will generally be present in this field if the filer files a joint return with the spouse. However, if Line 1d is blank, do not route to entity or correspond for the TIN.

Circle out the spouse’s TIN if it is incomplete, illegible or invalid.

The TIN Type must be edited if the spouse's TIN entered on Line 1d is an SSN (or an ITIN).

If an SSN (or an ITIN) is present in line 1d, edit "0" as the TIN Type immediately to the right of the spouse’s SSN entered in box 1d.

The city must be present for both domestic and foreign addresses.

The valid characters are, alpha (A-Z), and blank.

Research the ZIP code directory to figure out the city and/or state if:

If the city and/or state cannot be figured out from the ZIP code or other available information (e.g., envelope, if attached), edit the filer's address to the foreign trust address lines (Form 3520 only).

If the city listed is a major U.S. city, it must be followed by the ZIP code.

If the address is a foreign address which includes a Province designation,

A state must be present for all U.S. addresses.

Valid characters are alpha (A-Z) for Form 3520 and Form 3520-A.

If the state name is spelled out, do not edit the two-letter state code.

When the state is missing or illegible, research attachments and/or ZIP code directory.

The ZIP Code must be present for addresses in the U.S., APO/DPO/FPO and U.S. Territory.

Only numeric characters (0-9) and blank are valid.

The U.S. ZIP Code must contain at least five and may contain up to twelve characters.

If the address is a U.S. address and the ZIP Code is missing or incomplete,

If the address is located in a major city and the ZIP Code is missing or incorrect, perfect the ZIP Code from the ZIP Code chart. See Document 7475.

If the address is a foreign address, edit in accordance to the Foreign Address Job Aid (2324–002).

Australian addresses must include numeric postal codes. See Figure 3.21.19-9.

The country must be edited using the applicable foreign country code. See Document 7475, Section 5.

If the country code is edited as part of a foreign address, edit the country code preceded by a "/" and followed by "/$" . (e.g., Australia would be /AS/$)

If a U.S. Territory (e.g., Guam, American Samoa, Puerto Rico, etc.) do not edit a country code for Line 1h, Page 1, Form 3520 or Form 3520-A, page 1, Line 1h. If a U.S. Territory is present, circle it out. See IRM 3.21.19.20.5.2.

Valid characters are alpha (A-Z) only.

Circle the foreign country when lines 1e, 1f and 1g are domestic and line 1h has a foreign country listed. This would also apply when lines 2h and 3g are domestic.

line 1j is a checkbox for if an automatic 2-month extension applies for a U.S. persons tax return. If there is an entry in the checkbox of line 1j, edit a "1" to right side of the checkbox.

Tax Form Filed: The form number of the tax return to be filed with an extension request along with the Form 3520.

Edit CCC "5" on all returns 2015 to current year if "1040" is present on line 1k of Form 3520. Not valid on 2014 and prior. See Figure 3.21.19-10.

Figure 3.21.19-10

Editing of CCC 5This Figure shows a current year Form 3520 with 1040 entered on Line 1k. The CCC 5 has been edited in red in the margin to the right of Line A, to indicate an extension was filed with Form 1040.Line B -- Check appropriate boxesthe taxpayer marked the checkbox for Individual and a letter I is edited in red at the end of this line in the right margin.{under Line C} Check all applicable boxes:{A red number 1 has been edited to the left of the checkbox marked by the taxpayer}(a) You are a U.S. transferor who, directly or indirectly, transferred money or other property during the current tax year to a foreign trust, (b)You held an outstanding obligation of a related foreign trust (or a person related to the trust) issued during the current tax year, that you reported as a qualified obligation (defined in the instructions) during the current tax year, or (c) You are the executor of the estate of a U.S. decedent and (1) the decedent made a transfer to a foreign trust by reason of death, (2) the decedent was treated as the owner of any portion of a foreign trust immediately prior to death, or(3) the decedent’s estate included any portion of the assets of a foreign trust. Complete all applicable identifying information requested below and Part I of the form and see the instructions for Part I.{A red number 1 has been edited to the left of the checkbox marked by the taxpayer}You are a U.S. owner of all or any portion of a foreign trust at any time during the tax year. Complete all applicable identifying information requested below and Part II of the form and see the instructions for Part II.Line 1Line 1a, Name of U.S. person(s) with respect to whom this Form 3520 is being filed (see instructions) -- field has Aspen Fisher with the name control Fish underlined in red.Line 1b, Taxpayer identification number (TIN) -- field has 000-00-3635 followed by the TIN Type indicator 0 edited in red in the marginLine 1c, Number, street, and room or suite no. If a P.O. box, see instructions. -- field has 60 Seal BlvdLine 1d, Spouse's TIN -- blank fieldLine 1e, City or town -- field has SaskatoonLine 1f, State or province -- field has Saskatchewan but it has been circled in red and the letters SK are edited in red above the word Saskatchewan.Line 1g, ZIP or postal code -- field has S7W4R6 Line 1h, Country -- field is blank, but it can be figured out to be Canada based on information provided by the taxpayer so the country code is edited in red as /XW/$.Line 1k reads: If an extension was requested for the tax return, check this box {checkbox} and enter the form number of the tax return to be filed.The taxpayer has written 1040 on line 1k. Edit CCC 5 to the right of line A, for all 2015 to current year returns.

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The Name of the Foreign Trust must be present if box 2 is marked showing that the filer is an owner of a foreign trust.

Editing of the foreign trust name is not required unless the name on Line 2a is illegible.

The Foreign Trust EIN must be present if box 2 is marked showing that the filer is the owner of a foreign trust.

The Identification Number of the Trust must be an EIN.

The Trust Street Address must be present if box 2 is marked showing that the filer is the owner of a foreign trust.

See IRM 3.21.19.20.5 for editing procedures.

If present, edit the Date Foreign Trust Was Created in MMDDYYYY format.

The Trust City Name must be present if box 2 is marked showing that the filer is the owner of a foreign trust.

See IRM 3.21.19.20.9 for editing procedures.

The Trust State Name must be present if box 2 is marked showing that the filer is the owner of a foreign trust.

If the state name is spelled out, do not edit the two-letter state code (ISRP will enter the two-letter state code). If the Canadian Province is spelled out, continue to edit the province code.

See IRM 3.21.19.20.10 for editing procedures.

The Trust ZIP Code must be present if box 2 is marked showing that the filer is the owner of a foreign trust.

See IRM 3.21.19.20.11 for editing procedures.

The Foreign Trust Country Code must be present if box 2 is marked showing that the filer is the owner of a foreign trust.

The country must be edited using the correct country code. See Document 7475, Section 5.

Valid characters are alpha (A - Z) only.

See IRM 3.21.19.20.1 for editing procedures.

See IRM 3.21.19.20.3"If/Then" chart for editing procedures.

See IRM 3.21.19.20.4 for editing procedures.

The U.S. Agent Street Address must be present if the response to Line 3 is "Yes" .

See IRM 3.21.19.20.5 for editing procedures.

The U.S. Agent City must be present if the response to Line 3 is "Yes" .

See IRM 3.21.19.20.9 for editing procedures.

The U.S. Agent State must be present if the response to Line 3 is "Yes" .

If the state name is spelled out, do not edit the two-letter state code.

See IRM 3.21.19.20.10 for editing procedures.

The U.S. Agent ZIP Code must be present if the response to Line 3 is "Yes" .

See IRM 3.21.19.20.11 for editing procedures.

See IRM 3.21.19.20.12 for editing procedures.

See IRM 3.21.19.20.1 for editing procedures.

See IRM 3.21.19.20.5, through IRM 3.21.19.20.6 for editing procedures.

See IRM 3.21.19.20.3 for editing procedures.

See IRM 3.21.19.20.4 for editing procedures.

Edit the date of death in MMDDYYYY format.

See IRM 3.21.19.20.3 for editing procedures.

If any of the boxes on Line 4f are marked, then there must be entries in Lines 4a through 4e.

If entries on Lines 4a through 4e are missing, edit CCC "U" and correspond. Prepare 3653C CAS, mark Line 4.

Line 5a must be completed. See IRM 3.21.19.20.1 for editing procedures.

If Lines 5a through 5c and/or Lines 6a through 6c are incomplete and cannot be edited as directed in (1) above, edit CCC "U" and correspond. Prepare 3653C CAS, mark Line 11.

Line 5b must be completed.

See IRM 3.21.19.20.5 through IRM 3.21.19.20.11 for editing procedures.

Edit the trust address from Lines 1c, 1e, 1f and 1g to Line 5b if line 5b is blank or unreadable.

Line 5c must be completed. See IRM 3.21.19.20.3 (4) for editing procedures.

See IRM 3.21.19.20.4 for editing procedures.

The country must be edited using the applicable foreign country code. See Document 7475, Section 5.

Never edit U.S. on a country code line.

The country code must be alpha (A-Z) only.

Edit the country code to the right of the country name or code.

If the country is missing, edit the country code from Line 21a or 2h if present.

See IRM 3.21.19.20.12 for editing procedures. Edit the country code from page 1, line 2g or page 4, line 21a if line is blank or unreadable.

If present, edit the Date Foreign Trust Was Created in MMDDYYYY format.

If Line 7a is marked "Yes" , Line 7b (i-v) must be completed.

An entry must be present if the "Yes" checkbox is marked on Line 7a. If Line 7b is incomplete, edit CCC "U" and correspond. Prepare 3653C CAS, mark line 12.

See IRM 3.21.19.20.1 for editing procedures.

An entry must be present if the "Yes" checkbox is marked on Line 7a.

Edit the first entry only. If the taxpayer has one entry and it appears on the second or third line, edit a line number (e.g., L1) to the left of the filer’s information.

See IRM 3.21.19.20.5 through IRM 3.21.19.20.11 for editing procedures.

If the State name is spelled out, do not edit the two-letter state code.

An entry must be present if the "Yes" checkbox is marked on Line 7a.

See IRM 3.21.19.20.12 for editing procedures.

Edit the country code to the right of the country name.

Edit the first entry only.

An entry must be present if the "Yes" checkbox is marked on Line 7a.

See IRM 3.21.19.20.3 (4), (4) If/Then chart for editing procedures.

See IRM 3.21.19.20.4 for editing procedures.

Edit the first entry only.

An entry may be present on Line 7b, column (v) if the "Yes" box is marked on Line 7a, but it is not required.

Edit a "1" in the right margin by the last T-Line in Line 7b, column (v) if there is more than one Other Owner entry present on Line 7b. See Figure 3.21.19-11.

No editing is required if no entry or only one entry.

Figure 3.21.19-11

Summary: This is an example of Form 3520 about multiple owners, as described in the text. Line 5 appears under Part I: Transfers by U.S. Persons to a Foreign Trust During the Current Tax Year (see instructions):Line 5a, Name of Trust Creator -- field has SAME which the taxpayer wrote {Edited next to the word SAME is the name Marten Moose in red}Line 5b, Address -- blank field. {Edited in red is 27B Fox St. Toronto, ON M5A2L4}Line 5c, TIN, if any -- 000-00-0903 {A TIN Type Indicator 0 is edited in red to the right of the SSN}Line 6Line 6a, Country code of country where trust was created -- field has CA. Then edited in red is //$, before and after CA which appears as /CA/$.Line 6b, Country code of country whose laws govern the trust -- field has CA. Then edited in red is //$, before and after CA which appears as /CA/$.Line 6c, Date trust was created -- field has 09/27/2011Line 7Line 7a, Will any person (other than the foreign trust) be treated as the owner of the transferred assets after the transfer?the taxpayer marked checkbox Yes{row 1} b. (i) Name of foreign trust owner -- field has Elk Inc.{row 1} b. (ii) Address -- field has 0927 Palm Ln Toronto, ON. Canada {Canada is circled out in red.}{row 1} b. (iii) Country of residence -- field blank, {edited in red is the country code /CA/$}{row 1} b. (iv) TIN if any -- field has 00-9580929a 1 is edited in red in the outside right margin of this row to the right{row 1} b. (v) Relevant code section -- blank field{row 2} b. (i) Name of foreign trust owners, if any -- field has Ferret Wolf{row 2} b. (ii) Address -- field has 0209 Deer Row{row 2} b. (iii) Country of residence -- field has UK{row 2} b. (iv) Identification number, if any -- field has 00-7844119{row 2} b. (v) Relevant code section -- blank field

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If the "Yes" box on Line 11a is marked then the filer must complete the applicable lines on Schedule A. If Line 11 (i)-(iv) have not been completed, edit CCC "U" and correspond. Prepare 3653C CAS, mark Line 13.

If the "No" box on Line 11a is marked, then the filer can skip the rest of Schedule A and proceed to Schedule B.

If both checkboxes are marked and both Schedule A and Schedule B are completed, circle out the "No" checkbox and "X" out Schedule B.

If both checkboxes are marked but only one Schedule (A or B) is completed, circle out the corresponding checkbox associated with the blank schedule.

If the "Yes" box on Line 11b is marked, the filer must complete Schedule A.

If the "No" box on Line 11b is marked, the filer should skip Schedule A and proceed to Schedule B, of Part I, Form 3520 to complete line 13 columns a thru i.

If Line 11b box is marked "Yes" and Line 11(i)-(iv) have not been completed, edit CCC "U" and correspond. Prepare 3653C CAS, mark Line 13.

An entry may be present if the response to Line 11a or 11b is "Yes" .

If present, edit the date of transfer in MMDDYYYY format.

Edit the first three entries only.

If more than three entries are reported in columns (i) through (iv) or on an attachment, edit a "1" in the margin to the right of the third entry.

No editing is required if there are three or fewer entries.

An entry must be present if the response to Line 13 is "Yes" .

Only the first two lines of data and totals from column (f) and (i) will be edited.

Edit the date of transfer in "MMDDYYYY" format.

If Line 13 box is marked "Yes" and Line 13 (a)-(i) have not been completed, edit CCC "U" and correspond. Prepare 3653C CAS, mark Line 14.

Compute the "Total" for column (f), by combining the entries present in column (f).

Enter the combined amount in column (f), "Total" .

Compute the "Total" for column (i), by combining the entries present in column (i).

Enter the combined amount in column (i), "Total" .

If more than two entries are reported in columns (a) through (i) or on an attachment, edit a "1" in the margin to the right of the second entry.

No editing is required for two or less entries.

If the filer marked the "Attached Previously" checkbox, then the year the document was previously submitted must be completed.

Edit the year in "YYYY" format. If the year is blank, no editing is required.

If the filer marked the "Attached Previously" checkbox, then the year the document was previously submitted must be completed.

Edit the year in "YYYY" format. If the year is blank, no editing is required.

If the filer marked the "Attached Previously" checkbox, then the year the document was previously submitted must be completed.

Edit the year in "YYYY" format. If the year is blank, no editing is required.

Schedule B is completed if the filer responded "No" to the U.S. Agent of Foreign Trust checkbox on page 1, Line 3.

Edit Lines 15(a) through 18f using the following procedures.

Edit the first three entries only. Do not correspond for missing information if Line 3 is "Yes."

If Line 3 checkbox is marked "No" , and the first box is marked under ‘Check all applicable boxes’ on page 1, and Lines 15(a)-18(f) are blank, then edit CCC "U" and correspond. Use the Correspondence Action Sheet 3653C, marking Line 10.

See IRM 3.21.19.20.1 for editing procedures.

See IRM 3.21.19.20.5 through IRM 3.21.19.20.11 for editing procedures.

Edit a country code, if present. See IRM 3.21.19.20.12.

If the state name is spelled out, do not edit the two-letter state code. ISRP will enter the two-letter state code.

Edit the first three entries only.

See IRM 3.21.19.20.3 (4)"If/Then" chart for editing procedures.

See IRM 3.21.19.20.4 for editing procedures.

Edit the first three SSN/ITIN entries, if present.

If more than three entries are reported in columns (a) through (d) or on an attachment, edit a "1" in the margin to the right of the third entry.

No editing is required if there are three or fewer entries.

See IRM 3.21.19.20.1 for editing procedures.

See IRM 3.21.19.20.5 and IRM 3.21.19.20.6 through IRM 3.21.19.20.11 for editing procedures.

Edit a country code, if present. See IRM 3.21.19.20.12.

If the state name is spelled out, do not edit the two-letter state code.

Edit the first entry only.

See IRM 3.21.19.20.3 (4)"If/Then" chart for editing procedures.

See IRM 3.21.19.20.4 for editing procedures.

Edit the first SSN/ITIN entered, if present.

If more than one entry is reported in columns (a) through (c) or on an attachment, edit a "1" in the margin to the right of the first entry.

No editing is required if there is no entry or just one entry.

See IRM 3.21.19.20.1 for editing procedures.

See IRM 3.21.19.20.5 and IRM 3.21.19.20.6 through IRM 3.21.19.20.11 for editing procedures.

Edit a country code, if present. See IRM 3.21.19.20.12.

Edit the first entry only.

See IRM 3.21.19.20.3 (4)"If/Then" chart for editing procedures.

See IRM 3.21.19.20.4 for editing procedures.

Edit the first three SSN/ITIN entries, if present.

If more than one entry is reported in columns (a) through (d) or on an attachment, edit a "1" in the margin to the right of the first entry.

No editing is required if there is no entry or just one entry.

Edit the date of original obligation in MMDDYYYY format.

Edit the first two entries only.

Edit the tax year the qualified obligation was first reported in YYYY format.

Edit the first two entries only.

If more than two entries are reported in columns (a) through (f) or on an attachment, edit a "1" in the margin to the right of the second entry.

No editing is required if there are two or less entries.

Edit from attachments if necessary.

Edit from attachments if necessary.

Edit the country code to the right of the country name for only the first entry. The United States is not a country for purpose of Country Code. Always circle out any references to the United States.

See IRM 3.21.19.20.3 (4)"If/Then" table for editing procedures.

Edit the first entry only if the TIN is an SSN or an ITIN. See IRM 3.21.19.20.4.

Edit from attachments if necessary.

If more than one entry is reported in columns (a) through (e) or on an attachment, edit a "1" in the margin to the right of the first entry.

No editing is required if there is no entry or just one entry.

See IRM 3.21.19.20.12 and IRM 3.21.19.24.6 for editing procedures.

Edit the country code to the right of the country name or code entered by the filer. If this line is blank and an entry appears in line 6a (Part I) or line 2g (Page 1), edit that country code on Line 21(a).

See IRM 3.21.19.20.12 for editing procedures.

Edit the country code to the right of the country name or code entered by the filer. If this line is blank and an entry appears in line 6b (Part I) or line 2g (Page 1), edit that country code on Line 21(b).

Edit the date the foreign trust was created in MMDDYYYY format. If this line is blank and an entry appears in line 6c (Part I), edit that date on Line 21(c).

An entry is required on Line 23. If Line 23 reads "None" , "X" the entry and edit a zero "0" on Line 23. Do not correspond when editing zero. If the 3520 is a final or amended return, do not correspond for the value.

Edit the Date of Distribution in MMDDYYYY format.

Edit the first three entries only.