# Form 3520-A

URL: https://pdf.net/pdf-forms/tax-forms/form-3520-a
Category: Tax Forms
Attributes: Trusted by accountants, Official IRS form, Filed annually

Form 3520-A, Annual Information Return for Foreign Trusts with a U.S. Owner, is used to report the trust's income, assets, and U.S. beneficiaries to the IRS.

Our fillable Form 3520-A makes the filling process much easier. Simply enter the required information online and download it to your device without extra software.

## Versions

- 2023 — [download PDF](https://cdn.sanity.io/files/i16te7yp/production/477e553752deb7ccae8b6b7eb7c74b3677ecff39.pdf)

## How to Fill Out Form 3520-A

1. Open the editable Form 3520-A.
2. Enter the foreign trust’s tax year and basic trust details.
3. Provide trustee, U.S. owner, and U.S. agent information as per Form 3520-A instructions.
4. Report trust income, assets, and distributions.
5. Complete the Foreign Grantor Trust statements.
6. Sign the form.

## Facts

### What Is Form 3520-A Used For?

Form 3520-A is used to report annual information about a foreign trust that has at least one U.S. owner.** **The form provides the IRS with details about the trust’s income, assets, distributions, U.S. beneficiaries, and U.S. persons treated as owners under the grantor trust rules in Sections 671 through 679.

### Who Should Use Form 3520-A?

A foreign trust with at least one U.S. owner** **should use Form 3520-A to meet annual IRS reporting requirements under Section 6048(b). The trustee is generally responsible for filing the form and providing statements to U.S. owners and beneficiaries. If the foreign trust does not file the form, the U.S. owner must submit a substitute Form 3520-A with their Form 3520.

### When Is Form 3520-A Due?

Form 3520-A due date is generally by March 15 for calendar-year trusts, or the 15th day of the third month after the end of the foreign trust's tax year for fiscal-year trusts. If the foreign trust does not file the form, the U.S. owner must submit a substitute Form 3520-A with Form 3520 by the Form 3520 due date.

An extension may be requested by filing Form 7004 using the trust’s EIN. However, an extension to file does not extend the time to pay any taxes owed.

### What Happens If Form 3520-A Is Not Submitted?

If Form 3520-A is not submitted, the U.S. owner may face IRS penalties. Form 3520-A penalty is generally equal to the greater of $10,000 or 5% of the gross value of the trust assets treated as owned by the U.S. person. Additional penalties may apply if the failure continues after IRS notification.

### How and Where Do I File Form 3520-A?

Form 3520-A must be** **filed by mail with the Internal Revenue Service Center in Ogden, Utah, along with the required Foreign Grantor Trust Owner and Beneficiary Statements. The form is generally signed by the foreign trust’s trustee, while substitute Forms 3520-A attached to Form 3520 must be signed by the U.S. owner.