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After you file
Thanks.
I mean i file dthe 8939 due to foreign bank interest, but at that form, i said 0 3520, so is it a problem for my tax return report in my case as i need report foreign gift?
as from 8939 instruction , i saw below: my understanding is that only if i report part III, i need give the exact number of 3520 forms at 8939 form.
You do not have to report any asset on Form 8938 if you report it on one or more of the following forms that you timely file with the IRS for the same tax year.
Form 3520, Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts (in the case of a specified person who is a beneficiary of a foreign trust, see Part III of Form 3520 and its instructions).
‎April 18, 2022
11:26 PM