Follow the instruction: "To calculate the threshold amount ($100,000), you must aggregate gifts from different foreign nonresident aliens and foreign estates if you know (or have reason to know) that those persons are related to each other". If I received gift from two nonresident aliens (total over threshold) but those tow aliens are not related to each other. Should I still have to report form 3520 Part IV?
More question, specifically want to know how to fill in the (b) Description of property received and (c) FMV of property received. For example, at Nov/20/2024, I have received Cash of $50,000 from my sister (nonresident), which via online transfer form her bank in foreign country.
