I did some further research on the 3520 issue.
This is a known issue.
Currently, TurboTax does not support the E-filling of this form.
You probably have an 8938 to go along with the 3520.
TurboTax does support the 8938.
If you are filing an 8938 (Statement of Specified Foreign Financial Assets) and you indicate that you have a 3520 (Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts), it will stop the E-file.
This can only be filed by mail, and TurboTax does not support an E-file at this time.
You will have to file it by mail.
However, if you are reporting a bank account or an investment account on the 3520 you can duplicate the entry on 8938 and leave off that 3520 indicator.
@craftindo
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