weekend_warrior
Jan 3, 2013, 03:22 PM
I have another question about filling out the form 3520 because they make it so complicated!
I received a gift from my father who is NOT an American citizen so I am filling out the form.
I am under the impression that I only need to fill out the forms page 1 (general info) and section IV (Us recipients of gifts) and leave the other parts empty since it was a one time gift and my father is still alive.
My question is on the first page it asks in section 2a the "name of the foreign trust". Do I put my fathers name and info in here? Or do I leave it blank and not put his info anywhere? It seems like I only fill out 1 a-h and then lave the rest blank and sign.
I would really appreciate some help on this thing because its driving me crazy!
I received a gift from my father who is NOT an American citizen so I am filling out the form.
I am under the impression that I only need to fill out the forms page 1 (general info) and section IV (Us recipients of gifts) and leave the other parts empty since it was a one time gift and my father is still alive.
My question is on the first page it asks in section 2a the "name of the foreign trust". Do I put my fathers name and info in here? Or do I leave it blank and not put his info anywhere? It seems like I only fill out 1 a-h and then lave the rest blank and sign.
I would really appreciate some help on this thing because its driving me crazy!