- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Form 3520 Gift from family member, do I fill in box 2a ?
Hello,
I received a sum of money in my home country: my father (non-resident) paid a part of the mortgage on my house there. The sum is over 100k.
I am filling in form 3520 to report this as a gift and I am confused because there is no box to fill in my father's name and address. There is only box 2a, but that says "Name of foreign trust", but my father paid as a person, not a trust.
Do I need to put his name in the box 55? Do I need to enter any details about my house there (address)?
Thank you
Topics:
‎September 14, 2021
10:08 AM