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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
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- Client filed form 3520, foreign person gift received to IRS. I want to include this into his personal tax return, where can I enter this information in proconnect
Client filed form 3520, foreign person gift received to IRS. I want to include this into his personal tax return, where can I enter this information in proconnect
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vk51
Level 1
04-01-2023
01:06 PM
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sjrcpa
Level 15
04-01-2023
01:21 PM
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Nowhere. The 3520 is a separate filing.
If there are foreign accounts. assets, earnings then they need to be reported. Possible FBAR, 8938
The more I know, the more I don't know.
