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Deductions & credits
The only time that the IRS needs to be told that you're filing form 3520 when you file your income tax return is when there is an asset that would be reported on a form attached to your income tax return (Form 1040) but is not, because it is reported on the 3520.
Since you won't report the real estate on your income tax return, there is no reason to "signal" the IRS that your Form 3520 is being filed separately (it is always filed separately - it just the indicator of that which is preventing e-file in some cases).
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‎April 14, 2024
3:55 PM
2,983 Views