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Kik1108
Returning Member

Filling out Form 3520

I received a gift of 147k from my aunt in Peru sent via international wiring between banks. 

I am having trouble filling out line 54 how would I write it 147k in one line and what would be the description. 

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2 Replies
SusanY1
Expert Alumni

Filling out Form 3520

For line 54 enter the date you received the wire in column a, "cash" in column b and the amount ($147,000) in column c.

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Kik1108
Returning Member

Filling out Form 3520

For the bottom section where I sign, do I have to to put a Title or can it be left blank?

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