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pedroqac
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Will turbotax allow me to fill out a form 3520? I need to make sure turbotax has that capability. Thanks.

 
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Will turbotax allow me to fill out a form 3520? I need to make sure turbotax has that capability. Thanks.

TurboTax does not support IRS Form 3520, Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts.  That is a separate IRS form to be filed separately from your tax return.

IRS Form 3520 - https://www.irs.gov/pub/irs-pdf/f3520.pdf

IRS Form 3520 instructions - https://www.irs.gov/pub/irs-pdf/i3520.pdf

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Will turbotax allow me to fill out a form 3520? I need to make sure turbotax has that capability. Thanks.

TurboTax does not support IRS Form 3520, Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts.  That is a separate IRS form to be filed separately from your tax return.

IRS Form 3520 - https://www.irs.gov/pub/irs-pdf/f3520.pdf

IRS Form 3520 instructions - https://www.irs.gov/pub/irs-pdf/i3520.pdf

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