pk
Level 15
Level 15

Deductions & credits

@MUSTANGSally89 , between my answer above and my colleague @DoninGA , and @KrisD15 , are you now set with filing a form 3520 ?   or do you need more help ?   If you need more  help, please some  context (  from a person / estate/ trust etc. ,  what country , is the person/entity a foreign  person under US laws,  should I assume that the gift is  cash/liquid asset or what  etc. etc. ) .