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Form 3520-A Lakewood Colorado: What You Should Know

It is critical to understand: 1. The Form 3520-A is not an annual tax return. 2. A foreign-owned trust must file Form 3520-A if it has a U.S. owner. 3. The Trust or the Foreign Trust is required to file a Form 3520-A annually. Tax Tip 2017 The IRS provides specific filing standards for the foreign trust. Read these two tax tip resources in the new year that are designed to provide you timely information: Foreign Trust Tax Guide (PDF) Foreign Trust Guide (PDF) For example, if you have 100.00 per year income and are responsible for reporting 20.00 per year to the IRS, you should file Form 1040 with payment due dated for each Form 1040 you get. You should include a check for the proper amount of withholding due on Form 2555, Form 5500, or other similar statement of foreign income.

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