Foreign Trust & Gift Reporting

Accurate Reporting for Foreign Trusts and Cross-Border Gifts

Services Overview

Secure your wealth transfer channels with confidence.

Cross-border trusts and substantial gifts require precise IRS reporting (Forms 3520 & 3520-A). We prepare filings, classify transactions, and integrate results—protecting you from severe penalties.

Frequently Asked Questions

Who files Form 3520-A?

The U.S. owner or trustee of a foreign trust must file Form 3520-A, with clear instructions to minimize penalty exposure.

What constitutes a reportable gift?

Gifts or inheritances over $100,000 from non-U.S. persons trigger Form 3520 disclosure.

When are these forms due?

Form 3520 is due with Form 1040; Form 3520-A must be filed by March 15 (trust’s deadline) with a six-month extension available. If Form 3520-A is a substitute form, then it would follow the Form 3520 deadline.

How severe are trust/gift penalties?

Form 3520 penalties start at 35% of the gift/distribution value; Form 3520-A penalties accrue at 5% per month on trust assets, capped at 25%.

Can multi-year omissions be corrected?

Yes. We coordinate amendments for multiple years, ensuring each transaction is accurately documented and filed.

Next Steps

Ensure your transfers stay on course—fill out the contact form or launch by creating your account.

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