IRS Form 3520
Foreign Trusts & Gifts Reporting
- IRS Form 3520 preparation
- Reporting of foreign gifts and inheritances over IRS thresholds
- Reporting of foreign trust ownership or distributions
- Explanation and breakdown of complex trust structures
- Coordination with related forms (e.g., 3520-A, if applicable)
- We prepare the full package ready for mailing to the IRS
- Support for both individuals and trust beneficiaries
For U.S. persons receiving large foreign gifts or involved with foreign trusts
If you’re a U.S. person who has:
- Received gifts or bequests totaling more than $100,000 from nonresident alien individuals or foreign estates;
- Received gifts totaling more than $20,573 during 2026 from foreign corporations or foreign partnerships, the threshold was $20,116 for 2025;
- Received a distribution from a foreign trust; or
- Are treated as the owner of any portion of a foreign trust;
…you are required to file Form 3520 with the IRS.
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Frequently asked questions
How much does Form 3520 preparation cost?
Our Form 3520 preparation fee is a flat $300. This price applies whether you need to report a foreign gift or inheritance, a foreign trust distribution, or ownership of a foreign trust. If Form 3520-A is required, we prepare it at no additional charge. We do not charge more based on the complexity of the Form 3520 filing.
Is Form 3520 filed with my tax return?
No. Form 3520 is an informational return that is filed separately from Form 1040. Although its filing deadline is generally tied to your income tax return deadline, it is submitted separately to the IRS.
Do I need to report multiple gifts separately?
How will I know what information you need from me?
How is Form 3520 filed with the IRS?
Form 3520 is filed separately from your Form 1040, even though its deadline is generally tied to your income tax return deadline. We prepare the complete Form 3520 package and provide clear instructions for submitting it to the correct IRS address. If needed, we can also assist with mailing it on your behalf.
