MargaretL
Expert Alumni

Get your taxes done using TurboTax

Thank you for the clarification and you are right... I was simply focusing on the form itself... As a receiver of a gift form covered expatriate, you don't have to report if you received $15,000 or less. You would have to pay tax on the gift in excess of the $15,000. That would not be on F3520, you would file an Estate tax return. More details here, if you'd like.