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Hi,

Thank you for the response and the links!

I am living in US, married filing joint income so my threshold is >$100,000 and may need to file 8938.

 

Looking at who must file Form 3520, I found following clause

"More than $100,000 from a nonresident alien individual or a foreign estate (including foreign persons related to that nonresident alien individual or foreign estate) that you treated as gifts or bequests;"

I feel bequests includes inheritance.   

In this case I may need to file both and 3520 for sure.

 

K