Thanks very much - This seems to be a different answer to the one Todd gave at the top of this thread with an almost identical situation, and although I suspected we should file individual 3520's, I'm glad you've confirmed that. It's all a little confusing - Yes, we are both US citizens and file taxes here jointly - both our remaining parents happened to pass away in the same year so we both inherited in the same year and both amounts are over the threshold you referred to.
We will file two separate 3520's and hope that we do not receive any penalties for late filing.
Thank you
