Form 3520 A – Fill Out and Use This PDF

The Form 3520-A is a requirement from the Department of the Treasury Internal Revenue Service for the Annual Information Return of a Foreign Trust With a U.S. Owner, as indicated under section 6048(b). It serves as a crucial document for U.S. persons to report certain transactions with foreign trusts, ownership of foreign trusts, and receipt of certain large gifts or bequests from foreign entities. Ensuring this form is accurately completed and filed on time is vital for maintaining compliance with U.S. tax laws. For detailed instructions and to ensure the latest information, please click the button below to fill out your Form 3520-A.

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Form 3520 A PDF Details

The complex landscape of international taxation and compliance for U.S. citizens involves navigating numerous forms and regulations, among which the Form 3520-A holds a significant place. This form, designated by the Department of the Treasury Internal Revenue Service, serves as an Annual Information Return of a Foreign Trust with a U.S. Owner, encompassing various reporting requirements under section 6048(b). It mandates all transactions and financial activities related to foreign trusts to be reported in meticulous detail, including but not limited to distributions, trust income, and the trust balance sheet, to ensure full compliance with U.S. tax laws. The obligation to file this form, which necessitates disclosing all information in English and reporting all amounts in U.S. dollars for either the calendar year or a specified tax year, underscores the U.S. government’s commitment to preventing tax evasion and ensuring that citizens fulfill their tax obligations. Individuals and entities must also indicate the nature of the return—be it initial, final, amended, or requiring an extension—and provide detailed information about the trust and its U.S. agents, if any, thereby ensuring the IRS has comprehensive data to assess the trust's tax obligations accurately. Failure to comply with these requirements may result in penalties, making adherence to the guidelines set forth for the Form 3520-A a matter of legal and financial prudence for U.S. owners of foreign trusts.

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Form Name	Form 3520 A
Form Length	5 pages
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Fillable fields	0
Avg. time to fill out	1 min 15 sec
Other names	2020 Form IRS 3520-A Fill Online, Fillable ..., Printable

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Form 3520-A

Department of the Treasury Internal Revenue Service

Annual Information Return of Foreign

Trust With a U.S. Owner

(Under section 6048(b))

▶Go to WWW.IRS.GOV/FORM3520A for instructions and the latest information.

OMB No. 1545-0159

2021

Note: All information must be in English. Show all amounts in U.S. dollars.


For calendar year 2021, or tax year beginning				, 2021, ending		,	20	.
Check appropriate boxes:		Initial return	Final return	Amended return	Extension filed	Substitute Form	3520-A

Check if any excepted specified foreign financial assets are reported on this form. See instructions

Part I	General Information (see instructions)
1a Name of foreign trust					b Employer identification number (EIN)

cNumber, street, and room or suite no. If a P.O. box, see instructions.

dDate foreign trust was created

eCity or town

fState or province

gZIP or foreign postal code

hCountry

2Did the foreign trust appoint a U.S. agent (defined in the instructions) who can provide the IRS with all the relevant

	trust information?	. . .	. . .	.	Yes	No
	If “Yes,” skip lines 2a through 2e and go to line 3.
	If “No,” you are required to attach a copy of all trust documents as indicated below. If these documents have been attached to a Form 3520-A
	filed within the previous 3 years, attach only relevant updates.				Attached	Year
					Attached	Year
	Are you attaching a copy of any of the following?	Yes	No	Previously		Attached
a	Summary of all written and oral agreements and understandings relating to the trust . . .
b	The trust instrument
c	Memoranda or letters of wishes
d	Subsequent variances to original trust documents
e	Organizational chart and other trust documents
3a	Name of U.S. agent		b Taxpayer identification number (TIN)

cNumber, street, and room or suite no. If a P.O. box, see instructions.

dCity or town

eState or province

fZIP or postal code

gCountry

4a Name of trustee

bTIN, if any

cNumber, street, and room or suite no. If a P.O. box, see instructions.

dCity or town

eState or province

fZIP or postal code

gCountry

Sign Here

Enter the number of Foreign Grantor Trust Owner Statements (pages 3 and 4) included with this Form 3520-A . ▶

Enter the number of Foreign Grantor Trust Beneficiary Statements (page 5) included with this Form 3520-A . ▶

Under penalties of perjury, I declare that I have examined this return, including any accompanying reports, schedules, or statements, and to the best of my knowledge and belief, it is true, correct, and complete.

▲		▲		▲
	Trustee’s (or U.S. owner’s) signature		Title		Date

Paid	Print/Type preparer’s name	Preparer’s signature		Date	Check	if	PTIN
					Check	if
					self-employed
					self-employed
Preparer
Preparer	Firm’s name ▶				Firm’s EIN ▶
Use Only	Firm’s name ▶				Firm’s EIN ▶
Use Only	Firm’s address ▶				Phone no.
	Firm’s address ▶				Phone no.
For Paperwork Reduction Act Notice, see instructions.			Cat. No. 19595G				Form 3520-A (2021)

Form 3520-A (2021)														Page 2

Part II				Foreign Trust Income Statement
				Enter totals from books and records of foreign trust. See instructions.

		1		Interest	. . . . . . . . . . . . . . . . . . . . . . . . . . .						. .		1
		2		Dividends							. .		2
		3		Gross rents and royalties							. .		3
Income		4		Income (loss) from partnerships and fiduciaries							. .		4
Income		5		Capital gains:
		5		Capital gains:
			a	Net short-term capital gain (loss)							. .		5a
			b	Net long-term capital gain (loss)							. .		5b
		6		Ordinary gains (losses)							. .		6
		7		Other income (attach statement)							. .		7
		8		Total income (add lines 1 through 7)							. .		8
		9		Interest expense							. .		9
		10a		Foreign taxes (attach statement)							. .		10a
Expenses			b	State and local taxes		. . . . . . . . . . . . . . . . . . . . . . .					. .		10b
Expenses		11		Amortization and depreciation (depletion)				. . . . . . . . . . . . . . . . .			. .		11
		11		Amortization and depreciation (depletion)				. . . . . . . . . . . . . . . . .			. .		11
		12		Trustee and advisor fees							. .		12
		13		Charitable contributions							. .		13
		14		Other expenses (attach statement)			. . . . . . . . . . . . . . . . . . .				. .		14
		15		Total expenses (add lines 9 through 14)							. .		15
		16		Net income (loss) (subtract line 15 from line 8)							. .		16
		17a		Enter the fair market value (FMV) of total distributions (directly or indirectly) from the trust to all persons,
				whether U.S. or foreign. Attach statement. See instructions							. . ▶		17a
			b Distributions to U.S. owners:
				(i) Name of owner					(ii) TIN	(iii) Date of distribution		(iv) FMV on date of distribution



			c	Distributions to U.S. beneficiaries:
				(i) Name of beneficiary					(ii) TIN	(iii) Date of distribution		(iv) FMV on date of distribution





Part III				Foreign Trust Balance Sheet					Beginning of Tax Year			End of Tax Year

					Assets				(a)	(b)	(c)			(d)
1			Cash
2			Accounts receivable
3			Mortgages and notes receivable
4			Inventories
5			Government obligations
6			Other marketable securities
7			Other nonmarketable securities
8a			Depreciable (depletable) assets
	b		Less: accumulated depreciation (depletion) . .
9			Real property
10			Other assets (attach statement)
11			Total assets (add lines 1 through 7 and 8b through 10)
					Liabilities
12			Accounts payable
13			Contributions, gifts, grants, etc., payable . . .
14			Mortgages and notes payable
15			Other liabilities (attach statement)
16			Total liabilities (add lines 12 through 15) . . .
					Net Worth
17			Contributions to trust corpus
18			Accumulated trust income
19			Other (attach statement)
20			Total net worth (add lines 17 through 19) . . .
21			Total liabilities and net worth (add lines 16 and 20)

Form 3520-A (2021)

Form 3520-A (2021)	Page 3

	2021 Foreign Grantor Trust Owner Statement (see instructions)

Important: Trustee (or U.S. owner if a substitute Form 3520-A) must prepare a separate statement for each U.S. owner and include a copy of each statement with Form 3520-A. Trustee is also required to send to each U.S. owner a copy of the owner’s statement. U.S. owner must attach a copy of its statement to Form 3520.

1a Name of foreign trust				b	EIN

c	Number, street, and room or suite no. If a P.O. box, see instructions.			d Date foreign trust was created

e	City or town	f State or province	g ZIP or foreign postal code	h	Country

2Did the foreign trust appoint a U.S. agent (defined in the instructions) who can provide the IRS with all relevant trust

information? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

If “Yes,” complete lines 3a through 3g.

3a Name of U.S. agent	b TIN

cNumber, street, and room or suite no. If a P.O. box, see instructions.

dCity or town

eState or province

fZIP or postal code

gCountry

4a Name of trustee

bTIN

cNumber, street, and room or suite no. If a P.O. box, see instructions.

dCity or town

eState or province

fZIP or postal code

gCountry

5The first and last day of the tax year of the foreign trust to which this statement relates ▶

6a Name of U.S. owner	b TIN

cNumber, street, and room or suite no. If a P.O. box, see instructions.

dCity or town

eState or province

fZIP or postal code

gCountry

7Attach an explanation of the facts and law (including the section of the Internal Revenue Code) that establishes that the foreign trust (or portion of the foreign trust) is treated for U.S. tax principles as owned by the U.S. person.

8If the trust did not appoint a U.S. agent, list the trust documents attached to Form 3520-A. See instructions.

9	Gross value of the portion of the trust treated as owned by the U.S. owner

10Cash amounts or FMV of property distributed, directly or indirectly, during the foreign trust’s tax year, from the foreign trust (exclude loans) to the U.S. owner.

(a)	(b)	(c)	(d)	(e)	(f)
(a)	(b)	FMV of property distributed	Description of property	FMV of property	Excess of column (c)
Date of distribution	Description of property distributed	FMV of property distributed	Description of property	FMV of property	Excess of column (c)
Date of distribution	Description of property distributed	(determined on date of distribution)	transferred, if any	transferred	over column (e)
		(determined on date of distribution)	transferred, if any	transferred	over column (e)

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▶ $

Form 3520-A (2021)

Form 3520-A (2021)	Page 4

	2021 Statement of Foreign Trust Income Attributable to U.S. Owner (see instructions)

Income

Expenses

Report each item on the proper form or schedule of your tax return.

1a	Taxable interest									1a
b	Tax-exempt interest									1b
2a	Total ordinary dividends									2a
b	Qualified dividends	▶
3	Gross rents and royalties									3
4	Income from partnerships and fiduciaries									4
5	Capital gains (losses)									5
6	Ordinary gains (losses)									6
7	Other income (attach statement)									7
8	Total income. Add lines 1a, 1b, 2a, and 3 through 7				.	.	.	.	. . . . . . . . . . . . ▶	8
9	Interest expense									9
10a	Foreign taxes (attach statement)									10a
b	State and local taxes	. . . . . . . . . . . . . . . . . . . . . . . . .								10b
11	Amortization and depreciation (depletion)			. . . . . . . . . . . . . . . . . . .						11
12	Trustee and advisor fees									12
13	Charitable contributions									13
14	Other expenses (attach statement)		. . . . . . . . . . . . . . . . . . . . .							14
15	Total expenses. Add lines 9 through 14 .			. . .	.	.	.	.	. . . . . . . . . . . . ▶	15

Trustee’s (or
U.S. owner’s)
signature ▶	Title ▶	Date ▶

Form 3520-A (2021)

Form 3520-A (2021)	Page 5

	2021 Foreign Grantor Trust Beneficiary Statement

Important: Trustee (or U.S. owner if a substitute Form 3520-A) must prepare a separate statement for each U.S. beneficiary that received a distribution from the trust during the tax year and include a copy of each statement with Form 3520-A. Trustee is also required to send to each such beneficiary a copy of the beneficiary’s statement. Each U.S. beneficiary must attach a copy of its statement to its Form 3520.

1a Name of foreign trust				b	EIN

c	Number, street, and room or suite no. If a P.O. box, see instructions.			d Date foreign trust was created

e	City or town	f State or province	g ZIP or foreign postal code	h	Country

2Did the foreign trust appoint a U.S. agent (defined in the instructions) who can provide the IRS with all relevant trust

information? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If “Yes,” complete lines 3a through 3g.

If “No,” do you agree that either the IRS or the U.S. beneficiary can inspect and copy the trust’s permanent books of account, records, and such other documents that are necessary to establish that the trust should be treated for U.S. tax purposes as owned by another person? . . . . . . . . . . . . . . . . . . . . . .

Yes

3a Name of U.S. agent

bTIN

cNumber, street, and room or suite no. If a P.O. box, see instructions.

dCity or town

eState or province

fZIP or postal code

gCountry

4a Name of trustee

bTIN

cNumber, street, and room or suite no. If a P.O. box, see instructions.

dCity or town

eState or province

fZIP or postal code

gCountry

5The first and last day of the tax year of the foreign trust to which Form 3520-A applies ▶

6a Name of U.S. beneficiary	b TIN

cNumber, street, and room or suite no. If a P.O. box, see instructions.

dCity or town

eState or province

fZIP or postal code

gCountry

7Cash amounts or FMV of property that during the current tax year was (1) distributed directly or indirectly to a U.S. person whether or not the U.S. person is designated as a beneficiary of the trust, (2) loaned (exclude loans treated as qualified obligations) directly or indirectly to the U.S. person who is a beneficiary of the trust or a U.S. person related to that U.S. person, or (3) used by the U.S. person who is a beneficiary of the trust or a U.S. person related to that U.S. person without compensating the trust for the FMV of the use of the property within a reasonable period of time. (See the instructions for Part III of Form 3520 for U.S. tax treatment of these amounts.)

(a)	(b)	(c)	(d)	(e)	(f)
(a)	(b)	FMV of property distributed	Description of property	FMV of property	Excess of column (c)
Date of distribution	Description of property distributed	FMV of property distributed	Description of property	FMV of property	Excess of column (c)
Date of distribution	Description of property distributed	(determined on date of distribution)	transferred, if any	transferred	over column (e)
		(determined on date of distribution)	transferred, if any	transferred	over column (e)

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▶ $

8Attach an explanation of the facts and law (including the section of the Internal Revenue Code) that establishes that the foreign trust (or portion of the foreign trust) is treated for U.S. tax principles as owned by another person.

9Owner of the foreign trust is (check one):

Individual

Partnership

Corporation

Trustee’s (or
U.S. owner’s)
signature ▶	Title ▶	Date ▶

Form 3520-A (2021)

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2020 Form IRS 3520-A Fill Online completion process detailed (part 1)

2. Once the previous segment is finished, it is time to insert the necessary specifics in a Summary of all written and oral, a Name of US agent, b Taxpayer identification number, c Number street and room or suite, d City or town, e State or province, f ZIP or postal code, g Country, a Name of trustee, b TIN if any, c Number street and room or suite, d City or town, e State or province, f ZIP or postal code, and g Country in order to go further.

2020 Form IRS 3520-A Fill Online writing process detailed (part 2)

It is possible to get it wrong when filling in the a Name of US agent, for that reason you'll want to take another look before you send it in.

3. Within this part, take a look at Under penalties of perjury I, Sign Here, Trustees or US owners signature, Title, Paid Preparer Use Only, PrintType preparers name, Preparers signature, Date, Firms name Firms address, Date, PTIN, Check if selfemployed, Firms EIN, Phone no, and For Paperwork Reduction Act Notice. Each one of these need to be filled out with greatest attention to detail.

Filling out segment 3 of 2020 Form IRS 3520-A Fill Online

4. To move forward, the next section involves completing a couple of fields. These comprise of Part II, Foreign Trust Income Statement, e m o c n, s e s n e p x E, Interest Dividends Gross, a Net shortterm capital gain loss, b State and local taxes, Interest expense Foreign taxes, Amortization and, a Enter the fair market value FMV, whether US or foreign Attach, b Distributions to US owners, i Name of owner, ii TIN, and iii Date of distribution, which you'll find essential to continuing with this particular PDF.

Completing part 4 of 2020 Form IRS 3520-A Fill Online

5. Because you reach the end of your file, there are several extra requirements that should be fulfilled. In particular, Part III, Foreign Trust Balance Sheet, Beginning of Tax Year, End of Tax Year, Assets, Cash Accounts receivable, Real property Other assets attach, Liabilities, and Accounts payable Contributions should be filled out.

Filling out part 5 of 2020 Form IRS 3520-A Fill Online

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Form 3520 A – Fill Out and Use This PDF

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