grainger20011
Returning Member

Deductions & credits

Hello, I'm still a little confused about whether to file a form 3520 jointly of separately.  We file our taxes jointly, but we both received bequeathments from separate parents last year.  So not from the same foreign trust.  Can we still file a joint 3520 and check 1i?  Or should we each file a 3520...My money was given to me, and is in my bank account and my wife's money was given to her and is in her bank account (both accounts in separate foreign countries). We are married, so I guess you could argue that the money is given to both of us, but I want to make sure I get this 3520 form right.  Thank you for any insight!