Annual Information Return of Foreign Trust With a U.S. Owner, Federal Form 3520 A 

The Annual Information Return for Foreign Trust with U.S. Owner, commonly known as Form 3520, is a crucial tax document required by the IRS. It is designed for individuals with financial interests in foreign trusts and plays a pivotal role in maintaining tax compliance.

What's the Purpose of Form 3520?

  • Report financial activities and transactions related to foreign trusts.
  • Ensure transparency and prevent tax evasion.

By understanding the nuances of this annual reporting obligation, individuals can navigate the process with confidence and uphold their tax responsibilities.