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Form 3250 Overseas cash gift from the sale of real property

If you receive as an example 300K gift/bequest, via wire transfer, from the sale of real property overseas, would Form 3520 be adequate alone. Must it be filed via paper?

 

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AmyC
Expert Alumni

Form 3250 Overseas cash gift from the sale of real property

Form 3520 must be paper filed separate from your return. Mail to: IRS Service Center in Ogden, UT 84409. I suggest you send it certified and do not require a signature.

 

Here is a comparison of the FATCA (Form 8938) and FBAR requirements. I imagine you need to file both but best to check.

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