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My father has gifted me $900,000 in 5 installments starting
Dear Sir, My father has gifted me $900,000 in 5 installments starting June 2017 and ended in June 2018. All installments were wired to my account here in the US. All wires were marked as gift to daugh… read more
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Robin, I have a few questions on filing F3520. If my wife
Hi Robin,I have a few questions on filing F3520. If my wife and I file tax return jointly and either of us received international gift valued more than 100k. Shall we file F3520 together or seperately… read more
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My mom was living in China. She died in 2012 and left her
Hello -- My mom was living in China. She died in 2012 and left her apartment to 3 of us (my brother, sister and I). No one lives in that apartment since then. Due to her second marriage and some dispu… read more
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I want to inquire something about F1 status with rental
Hello I want to inquire something about F1 status with rental income i'm currently in F1 status. i received rental income from my house located in America, should I report this in my tax return? … read more
Lev
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Do I have to file 3520 form if I received a gift higher than
Hello, do I have to file 3520 form if I received a gift higher than $100,000 from my parents who are non-citizen? Is there any penalty for failing to file the form because I did not know about it?… read more
Carter McBride
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I didn't file my taxes for 2016 ,Is it to late to file or
I didn't file my taxes for 2016 ,Is it to late to file or can I get an extension? … read more
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I have a question about the 3520, my father in law gave us a
Hey Stephen, I have a question about the 3520 , my father in law gave us a gift of 50000$ back in 2011 when we bought our home, he passed away few years ago and my husband got his share from his famil… read more
Robin D.
Robin D.
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Vocational, Technical or Trade School
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I forgot to file money received from forgine country. I
I forgot to file money received from forgine country … read more
Lane
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Doctoral Degree
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I was unaware of requirement to file Form 3520. I received
Hello:I was unaware of requirement to file Form 3520. I received cash gifts from foreign persons (parents) in 2016. I have not been contacted by IRS; have no previous under or unreported tax liabiliti… read more
Robin D.
Robin D.
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I failed to 3520 form for 201y6. money receiver 2015, Father
I failed to 3520 form for 201y6. money receiver 2015 … read more
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I just found out that I may have to file form 3520. I was
Hi, I just found out that I may have to file form 3520. I was not aware of that last year when i got a gift from my parent oversees. The IRS gift tax estate code did mention special filing for foreign… read more
Mark Taylor
Mark Taylor
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For 2016, I owe about $250,000 in Federal Tax. I don't
For 2016, I owe about $250,000 in Federal Tax. I don't really want to pay in full before April 18th, and I learned that it is possible to negotiate a payment plan with the IRS. From what I learned on … read more
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I have question of income tax return for my foreign bank
I have question of income tax return for my foreign bank account … read more
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If I was reading that we have to file Form 3520 by April 15
Hi, if I was reading that we have to file Form 3520 by April 15 if we received a gift in the previous year. Since I am away from home for a long time and my parents handled my paperwork, I just found … read more
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Louise. I have a questions regarding this years taxes. I
Louise. I have a questions regarding this years taxes. I filed them on TurboTax and they were accepted. I received some money from a foreign trust last year and I know I need to complete Form 3520. Do… read more
Barbara
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Hi received 160k form a relative in the uk as a gift in december
Hi received 160k form a relative in the uk as a gift in december 2013. do I have to file a 3520 form? also is there a penalty? ( not a trust or loan just a gift)… read more
Barbara
Barbara
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i received an inheritance from my grandmother in 2011, and
i received an inheritance from my grandmother in 2011, and she passed away in 2010, therefore no inheritance tax. question. i set up an account in canada to park 250k, and over course of 2011, interes… read more
Lev
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I am an American citizen. I have no earned income for the past
I am an American citizen. I have no earned income for the past 25 years. My husband is Italian. We live in Italy. I have an Italian checking account into which he deposits money for family expenditure… read more
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