Fillable Form 3520-A (2021)

What is Form 3520-A?

Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner, is used to provide information about the foreign trust, its U.S. beneficiaries, and any U.S. person who is treated as an owner of any portion of the foreign trust under the grantor trust rules. A foreign trust with a U.S. owner must file Form 3520-A in order for the U.S. owner to satisfy its annual information reporting requirements.

How to fill out Form 3520-A?

Applicants can download and print a PDF copy of Form 3520-A from the Internal Revenue Service (IRS) website that they can manually complete. They can also fill out Form 3520-A electronically on PDFRun.

To fill out Form 3520-A, you must provide the following information:

Beginning Tax Year

Enter the beginning calendar year.

Ending Tax Year

Enter the ending calendar year.

Type of Return

Mark the appropriate box which corresponds to the type of return you are filing. You may select:

• Initial return
• Final return
• Amended return
• Extension filed
• Substitute Form 3520-A

Excepted Specified Foreign Financial Assets

Mark the box if any excepted specified foreign financial assets are reported on this form.

Part I. General Information

Line 1a. Name of Foreign Trust

Enter the name of your foreign trust.

Line 1b. Employer Identification Number (EIN)

Enter the representative’s employer identification number (EIN).

Line 1c. Number, street, and room or suite number

Enter the representative’s mailing address including your apartment number, street, and room or suite number.

Line 1d. Date foreign trust was created

Enter the date when the foreign trust was created.

Line 1e. City or Town

Enter the representative’s city or town.

Line 1f. State or Province

Enter the representative’s state or province.

Line 1g. ZIP or Foreign Postal Code

Enter the representative’s ZIP code or foreign postal code.

Line 1h. Country

Enter the representative’s country.

Line 2

Mark YES if the foreign trust has appointed a U.S. agent who can provide the Internal Revenue Service (IRS) with all the relevant trust information; otherwise, mark NO.

If you marked YES, you may skip lines 2a through 2e and go directly to line 3. If you marked NO, you are required to attach a copy of all trust documents listed below.

Line 2a

Mark YES if you have attached a copy of the summary of all written and oral agreements and understandings related to the trust; otherwise, mark NO.

Mark “attached previously” if you have attached the summary of all written and oral agreements and understandings related to the trust within the previous 3 years. Then, enter the year you attached the document.

Line 2b

Mark YES if you have attached a copy of the trust instrument; otherwise, mark NO.

Mark “attached previously” if you have attached the trust instrument within the previous 3 years. Then, enter the year you attached the document.

Line 2c

Mark YES if you have attached a copy of the memoranda or letters of wishes; otherwise, mark NO.

Mark “attached previously” if you have attached the memoranda or letters of wishest within the previous 3 years. Then, enter the year you attached the document.

Line 2d

Mark YES if you have attached a copy of the subsequent variances to the original trust documents; otherwise, mark NO.

Mark “attached previously” if you have attached the subsequent variances to the original trust documents within the previous 3 years. Then, enter the year you attached the document.

Line 2e

Mark YES if you have attached a copy of the organizational chart and other trust documents; otherwise, mark NO.

Mark “attached previously” if you have attached the organizational chart and other trust documents within the previous 3 years. Then, enter the year you attached the document.

Line 3a. Name of U.S. Agent

Enter the full legal name of your U.S. agent.

Line 3b. Taxpayer Identification Number (TIN)

Enter the taxpayer identification number (TIN) of your U.S. agent.

Line 3c. Number, street, and room or suite number

Enter the mailing address of your U.S. agent including his or her apartment number, street, and room or suite number.

Line 3d. City or Town

Enter the city or town of your U.S. agent.

Line 3e. State or Province

Enter the state or province of your U.S. agent.

Line 3f. ZIP Code or Postal code

Enter the ZIP code or postal code of your U.S. agent.

Line 3g. Country

Enter the country of your U.S. agent.

Line 4a. Name of Trustee

Enter the full legal name of your trustee.

Line 4b. Taxpayer Identification Number (TIN)

Enter the taxpayer identification number (TIN) of your trustee.

Line 4c. Number, street, and room or suite number

Enter the mailing address of your trustee including his or her apartment number, street, and room or suite number.

Line 4d. City or Town

Enter the city or town of your trustee.

Line 4e. State or Province

Enter the state or province of your trustee.

Line 4f. ZIP Code or Postal Code

Enter the ZIP code or postal code of your trustee.

Line 4g. Country

Enter the country of your trustee.

Line 5

Enter the number of Foreign Grantor Trust Owner Statements.

Line 6

Enter the number of Foreign Grantor Trust Beneficiary Statements.

Sign Here

Trustee’s or U.S. Owner’s Signature

Affix your signature.

Title

Enter your title.

Date

Enter the current date of signing.

Paid Preparer Use Only

Preparer’s Name

Enter your preparer’s full legal name.

Preparer’s Signature

Have your preparer affix his or her signature.

Date

Enter the current date.

Self-employed

Mark the box if your preparer is self-employed; otherwise, leave it blank.

Preparer Tax Identification Number (PTIN)

Enter the preparer tax identification number (PTIN) of your preparer.

Firm’s Name

Enter the name of your preparer’s firm.

Firm’s Address

Enter the address of your preparer’s firm.

Firm’s Employer Identification Number (EIN)

Enter the firm’s employer identification number (EIN).

Phone Number

Enter the phone number of the firm.

Part II. Foreign Trust Income Statement

Line 1

Enter all of the taxable interest income you have received during the tax year.

Line 2

Enter all of the ordinary dividends you have received during the tax year.

Line 3

Enter all of your gross rents and royalties.

Line 4

Enter any income or loss from your partnerships and fiduciaries.

Line 5a

Enter all of your net short-term capital gains or losses.

Line 5b

Enter all of your net long-term capital gains or losses.

Line 6

Enter all of your ordinary gains or losses.

Line 7

Enter other Lines of income not included in lines 1 through 6 and submit a statement along with this form.

Line 8

Enter the total amount of income by adding the amounts in lines 1 through 7.

Line 9

Enter the amount of interest paid or incurred by the trust on amounts borrowed by the trust or on debt acquired by the trust.

Line 10a

Enter any deductible foreign taxes and submit a statement along with this form.

Line 10b

Enter any deductible state and local taxes.

Line 11

Enter the total amount of amortization and depreciation.

Line 12

Enter the total amount of trustee and advisor fees.

Line 13

Enter the total amount of your charitable contributions.

Line 14

Enter any other expenses and submit a statement along with this form.

Line 15

Enter the total amount of expenses by adding the amounts in lines 9 through 14.

Line 16

Enter the total amount of net income or loss by subtracting the amount in line 15 from line 8.

Line 17a

Enter the fair market value (FMV) or total distributions from the trust to all persons and submit a statement along with this form.

Line 17b. Distributions to U.S. Owners

• Name of Owner - Enter the full legal names of the U.S. owners.

• Taxpayer Identification Number (TIN) - Enter the taxpayer identification numbers (TIN) of the U.S. owners.

• Date of Distribution - Enter the date of distribution.

• FMV on Date of Distribution - Enter the fair market value (FMV) on the date of distribution.

Line 17c. Distributions to U.S. Beneficiaries

• Name of Beneficiary - Enter the full legal names of the U.S. beneficiaries.

• Taxpayer Identification Number (TIN) - Enter the taxpayer identification numbers (TIN) of the U.S. beneficiaries.

• Date of Distribution - Enter the date of distribution.

• FMV on Date of Distribution - Enter the fair market value (FMV) on the date of distribution.

Part III. Foreign Trust Balance Sheet

Assets

Line 1

Enter the amount of cash you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 2

Enter your accounts receivable at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 3

Enter your mortgages and notes receivable at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 4

Enter the amount of inventories you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 5

Enter your government obligations at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 6

Enter the amount of marketable securities you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 7

Enter the amount of nonmarketable securities you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 8a

Enter the amount of depreciable assets you had at the beginning of the tax year and at the end of the tax year in columns A and C respectively.

Line 8b

Enter the amount of accumulated depreciation in columns A, B, C, and D.

Line 9

Enter the amount of real property you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 10

Enter other assets you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 11

Enter the total amount of assets you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Liabilities

Line 12

Enter your accounts payable at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 13

Enter the amount of contributions, gifts, and grants you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 14

Enter your mortgages and notes payable at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 15

Enter other liabilities you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 16

Enter the total amount of liabilities you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Net Worth

Line 17

Enter your contributions to the trust corpus at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 18

Enter the amount of accumulated trust income you had at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 19

Enter other amounts not listed above at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 20

Enter the total amount of your net worth at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Line 21

Enter the total amount of your liabilities and net worth at the beginning of the tax year and at the end of the tax year in columns B and D respectively.

Foreign Grantor Trust Owner Statement

Line 1a. Name of Foreign Trust

Enter the name of your foreign trust.

Line 1b. Employer Identification Number (EIN)

Enter the representative’s employer identification number (EIN).

Line 1c. Number, street, and room or suite number

Enter the representative’s mailing address including your apartment number, street, and room or suite number.

Line 1d. Date foreign trust was created

Enter the date when the foreign trust was created.

Line 1e. City or Town

Enter the representative’s city or town.

Line 1f. State or Province

Enter the representative’s state or province.

Line 1g. ZIP or Foreign Postal Code

Enter the representative’s ZIP code or foreign postal code.

Line 1h. Country

Enter the representative’s country.

Line 2

Mark YES if the foreign trust has appointed a U.S. agent who can provide the Internal Revenue Service (IRS) with all the relevant trust information; otherwise, mark NO.

If you marked YES, you must complete lines 3a through 3g.

Line 3a. Name of U.S. Agent

Enter the name of your U.S. agent.

Line 3b. Employer Identification Number (EIN)

Enter your employer identification number (EIN).

Line 3c. Number, street, and room or suite number

Enter your mailing address including your apartment number, street, and room or suite number.

Line 3d. City or Town

Enter your city or town.

Line 3e. State or Province

Enter your state or province.

Line 3f. ZIP or Foreign Postal Code

Enter your ZIP code or foreign postal code.

Line 3g. Country

Enter your country.

Line 4a. Name of Trustee

Enter the name of the trustee.

Line 4b. Employer Identification Number (EIN)

Enter his or her employer identification number (EIN).

Line 4c. Number, street, and room or suite number

Enter his or her mailing address including your apartment number, street, and room or suite number.

Line 4d. City or Town

Enter the city or town of the trustee.

Line 4e. State or Province

Enter the state or province of the trustee.

Line 4f. ZIP or Foreign Postal Code

Enter the ZIP code or foreign postal code of the trustee.

Line 4g. Country

Enter the country of the trustee.

Line 5

Enter the first and last day of the tax year of the foreign trust to which this statement relates.

Line 6a. Name of U.S. Owner

Enter your full legal name.

Line 6b. Employer Identification Number (EIN)

Enter your employer identification number (EIN).

Line 6c. Number, street, and room or suite number

Enter your mailing address including your apartment number, street, and room or suite number.

Line 6d. City or Town

Enter your city or town.

Line 6e. State or Province

Enter your state or province.

Line 6f. ZIP or Foreign Postal Code

Enter your ZIP code or foreign postal code.

Line 6g. Country

Enter your country.

Line 7

Attach an explanation of the facts and law that establishes that the foreign trust is treated for U.S. tax principles.

Line 8

Enter the trust documents attached to this form if the trust did not appoint a U.S. agent.

Line 9

The instructions below will apply to all of the columns of this section. Enter the following information:

1. Date of distribution
2. Description of property distributed
3. Fair market value (FMV) of property distributed
4. Description of property transferred
5. Fair market value (FMV) of property transferred
6. Excess of column C over column E

Total

Enter the total amount in U.S. dollars.

Statement of Foreign Trust Income Attributable to U.S. Owner

Line 1a

Enter any taxable interest.

Line 1b

Enter all of your tax-exempt interests.

Line 2a

Enter the total amount of your ordinary dividends.

Line 2b

Enter the total amount of your qualified dividends.

Line 3

Enter all of your gross rents and royalties.

Line 4

Enter any income you gained from partnerships and fiduciaries.

Line 5

Enter all of your capital gains or losses.

Line 6

Enter all of your ordinary gains or losses.

Line 7

Enter any other income you may have.

Line 8

Enter the total amount of your income by adding the amounts in lines 1a, 1b, 2a, and 3 through 7.

Line 9

Enter all of your interest expenses.

Line 10a

Enter all of your deductible foreign taxes.

Line 10b

Enter all of your deductible state and local taxes.

Line 11

Enter the total amount of your amortization and depreciation.

Line 12

Enter the total amount of your trustee and advisor fees.

Line 13

Enter the total amount of your charitable contributions.

Line 14

Enter any other expenses you may have.

Line 15

Enter the total amount of your expenses by adding the amounts in lines 9 through 14.

Trustee’s or U.S. Owner’s Signature

Affix your signature.

Title

Enter your title.

Date

Enter the current date of signing.

Foreign Grantor Trust Beneficiary Statement

Line 1a. Name of Foreign Trust

Enter the name of your foreign trust.

Line 1b. Employer Identification Number (EIN)

Enter the representative’s employer identification number (EIN).

Line 1c. Number, street, and room or suite number

Enter the representative’s mailing address including your apartment number, street, and room or suite number.

Line 1d. Date foreign trust was created

Enter the date when the foreign trust was created.

Line 1e. City or Town

Enter the representative’s city or town.

Line 1f. State or Province

Enter the representative’s state or province.

Line 1g. ZIP or Foreign Postal Code

Enter the representative’s ZIP code or foreign postal code.

Line 1h. Country

Enter the representative’s country.

Line 2

Mark YES if the foreign trust has appointed a U.S. agent who can provide the Internal Revenue Service (IRS) with all the relevant trust information; otherwise, mark NO.

If you marked YES, you must complete lines 3a through 3g. If you marked NO, mark YES if you agree that either the IRS or the U.S. beneficiary can inspect and copy the trust’s permanent books of account, records, and other documents that are necessary to establish that the trust should be treated for U.S. tax purposes as owner by another person; otherwise, mark NO.

Line 3a. Name of U.S. Agent

Enter the name of your U.S. agent.

Line 3b. Employer Identification Number (EIN)

Enter your employer identification number (EIN).

Line 3c. Number, street, and room or suite number

Enter your mailing address including your apartment number, street, and room or suite number.

Line 3d. City or Town

Enter your city or town.

Line 3e. State or Province

Enter your state or province.

Line 3f. ZIP or Foreign Postal Code

Enter your ZIP code or foreign postal code.

Line 3g. Country

Enter your country.

Line 4a. Name of Trustee

Enter the name of the trustee.

Line 4b. Employer Identification Number (EIN)

Enter his or her employer identification number (EIN).

Line 4c. Number, street, and room or suite number

Enter his or her mailing address including your apartment number, street, and room or suite number.

Line 4d. City or Town

Enter the city or town of the trustee.

Line 4e. State or Province

Enter the state or province of the trustee.

Line 4f. ZIP or Foreign Postal Code

Enter the ZIP code or foreign postal code of the trustee.

Line 4g. Country

Enter the country of the trustee.

Line 5

Enter the first and last day of the tax year of the foreign trust to which this form applies.

Line 6a. Name of U.S. Beneficiary

Enter the full legal name of your U.S. beneficiary.

Line 6b. Employer Identification Number (EIN)

Enter his or her employer identification number (EIN).

Line 6c. Number, street, and room or suite number

Enter his or her mailing address including your apartment number, street, and room or suite number.

Line 6d. City or Town

Enter the city or town of the U.S. beneficiary.

Line 6e. State or Province

Enter the state or province of the U.S. beneficiary.

Line 6f. ZIP or Foreign Postal Code

Enter the ZIP code or foreign postal code of the U.S. beneficiary.

Line 6g. Country

Enter the country of the U.S. beneficiary.

Line 7

The instructions below will apply to all of the columns of this section. Enter the following information:

1. Date of distribution
2. Description of property distributed
3. Fair market value (FMV) of property distributed
4. Description of property transferred
5. Fair market value (FMV) of property transferred
6. Excess of column C over column E

Total

Enter the total amount in U.S. dollars.

Line 8

Attach an explanation of the facts and law that establishes that the foreign trust is treated for U.S. tax principles.

Line 9

Mark the appropriate box which corresponds to your ownership. You may select:

• Individual
• Partnership
• Corporation

Trustee’s or U.S. Owner’s Signature

Affix your signature.

Title

Enter your title.

Date

Enter the current date of signing.