Hello! I have a question about From 3520.
My parents are non-resident alien individuals and sent gifts to my child's 529 college saving account (account beneficiary is my child) this year. My father gifted 50K and my mother gifted 60K to the 529 account, which adds to 110k. The gifts are sent with multiple checks across several months, each check amount ranges between 3k to 25k. I understand I need to file form 3520 Part IV on behalf of my child for year 2025. The part IV in 3520 have 3 rows of space, I plan to fill the form like below: For row 1, Description of property received: Gift from grandfather to the 529 college saving account, total 50K; For row 2, Description of property received: Gift from grandmother to the 529 college saving account, total 60K. Please advise if this is ok to put the total amount from each person like this? Or do i have to list every single check in different rows, even if checks are from same person? If it is ok to put the total amount from each person in one row, what is the Date of gift I may put in? Will it be the the first check receive date or the last check receive date? Thanks!
