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Get your taxes done using TurboTax
there is no requirement for you to file form 3520 ( since your parents already have reported ). However, if the money rests in a foreign bank in account where you have signature authority at least, you may have to report the accounts for FBAR ( Treasury for 114 ) and/or FATCA ( IRS form 8938 )
‎June 6, 2019
5:48 AM