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 Sf 312  Form 2000

2000-2025 Form

Use the Sf 312 Form 2000 template to ease independent agency document workflows.

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Video instructions and help with filling out and completing Sf 312 Form

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Instructions and help about Sf 312 Form

all right for this video I want to go through a sample form 3520 which is an annual return to report transactions with foreign trusts and the receipt of foreign gifts so in this example we have a US taxpayer Sarah taxpayer she's a citizen and resident of Florida and she has to file the 3520 to report gifts from a foreign corporation so we'll go through the full 3520 here and we've also got just one slide covering some background on these gifts from foreign corporations and some more details on the fact pattern itself so generally the 3520 we're seeing these filed because a US person has some type of relationship with a foreign trust so they're the beneficiary or they're the grantor and they need to file for those reasons but the 3520 is also required when us persons receive gifts from nonresidents so these are non-resident individuals foreign Estates or foreign corporations or Partnerships now when a US person receives gifts from nonresid

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