Forms 3520 and 3520-A Foreign Trust Checklist

Checklist:  This is the AICPA checklist on Forms 3520 and 3520-A for foreign trusts. It has been updated for the 2011 tax year
Published on June 18, 2012

AICPA Comments on Form 3520-A, Annual Information Return of Foreign Trust with a U.S. Owner

Article:  This statement contains the AICPA comment letter on new reporting requirements for Canadian registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs).
Published on September 12, 2012

AICPA Efforts and Updates on Erroneous IRS Form 3520 Letters

Overview:  ...The AICPA Foreign Trust Task Force continues its dialogue with the IRS regarding IRS erroneous letters regarding Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts. As was discussed in the October 1
Published on December 11, 2012

AICPA Comments to IRS on Forms 3520 and 3520-A Regarding Foreign Trusts - June 17, 2003

Comment Letter:  This is the 6/17/03 AICPA comments to IRS regarding Forms 3520 and 3520-A regarding foreign trust reporting. AICPA urges the IRS to change certain Form 3520-A filing requirements for Canadian RRSPs & RESPs, develop a worksheet tailored to foreign...
Published on March 09, 2012

AICPA Comments to IRS on Foreign Trust Form 3520-A - June 17, 2003

Comment Letter:  This is the June 17, 2003 AICPA comments to IRS on foreign trust Form 3520-A issues and suggestions
Published on March 14, 2012

Sample IRS Letter on Form 3520 Processed

Guidance:  This is a May 2013 letter from the IRS to a taxpayer regarding the filing of Form 3520. It is a sample of the letters that IRS is now sending to close out its inventory of outstanding processing issues with Form 3520 filings
Published on May 17, 2013

AICPA Comments to IRS on Foreign Gift Reporting Threshold for Form 3520 - March 3, 2008

Comment Letter:  This is the 3/3/08 AICPA letter to the IRS on increasing the foreign gift reporting threshold for Form 3520. AICPA believes the Treasury Department & IRS have the authority to increase the reporting threshold for gifts received from a foreign individual or estate. Gifts in aggregate exceeding $100,000...
Published on March 14, 2012

Item 5 - Redacted IRS Letter - AICPA Comments to IRS on Systemic IRS Incorrect Letters on Form 3520 - 8/28/12

Comment Letter:  This is the 8/28/12 item 5 - redacted IRS letter that accompanied the AICPA comments to IRS on systemic IRS Incorrect letters on Form 3520
Published on August 28, 2012

item 4 - Redacted IRS Letter - AICPA Comments to IRS on Systemic IRS Incorrect Letters on Form 3520 - 8/28/12

Comment Letter:  The 8/28/12 item 3 - Redacted Letter from IRS - AICPA Comments to IRS on Systemic IRS Incorrect Letters on Form 3520
Published on August 28, 2012

AICPA Comments to IRS on Systemic Incorrect IRS Letters on Form 3520

Comment Letter:  This is the 8/28/12 AICPA letter to the IRS on systemic IRS incorrect letters to taxpayers regarding the filing and reporting on Form 3520 for foreign trusts
Published on August 28, 2012

Redacted IRS Letter - item 2 on AICPA Letter to IRS on IRS Systemic Incorrect Letters on Form 3520 - 8/28/12

Comment Letter:  This is a redacted IRS Letter - item 2 on the 8/28/12 AICPA Letter to IRS on IRS Systemic Incorrect Letters on Form 3520
Published on August 28, 2012

Item 4 - Redacted Letter from IRS - AICPA Comments to IRS on Systemic IRS Incorrect Letters on Form 3520 - 8/28/12

Comment Letter:  This is the 8/28/12 item 4 - redacted IRS letter - AICPA Comments to IRS on Systemic IRS Incorrect Letters on Form 3520 - 8/28/12
Published on August 28, 2012

Redacted IRS Letter - item 1 on AICPA Letter to IRS on IRS Systemic Incorrect Letters on Form 3520 - 8/28/12

Comment Letter:  This is a redacted IRS Letter - item 1 on 8/28/12 AICPA Letter to IRS on IRS Systemic Incorrect Letters on Form 3520
Published on August 28, 2012

Item 6 - Redacted IRS Letter - AICPA Comments to IRS on Systemic IRS Incorrect Letters on Form 3520 - 8/28/12

Comment Letter:  This is the 8/28/12 item 6 - redacted IRS letter that accompanied the AICPA comments to IRS on systemic IRS incorrect letters on Form 3520
Published on August 28, 2012

Foreign Trust Documents

Overview:  A summary of documents related to Foreign Trust issues, including AICPA comment letters and practitioner resources.
Published on May 15, 2013