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Get your taxes done using TurboTax
@Kiki , I am so sorry for your loss.
1. you are filing 3520 to declare having received gift/inheritance from a foreign person with a net value of equal or more that US$100,000. There is NO tax consequence on this. You need to report the total amounts for each source -- in your case it is total on one line ( assuming that this is all from the same source / person/trust/estate ).
2. Keep a record of all the foreign wire transmittals
3. If the monies were passing through a foreign account over which you had signatory authority then you also need to file FBAR form ( FINCEN.gov form 114 )
Is there more I can do for you ?
‎September 30, 2020
9:47 AM