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This video tutorial by Prog Patel, a tax attorney, discusses Form 3520-A and the reporting of foreign gifts. The form is commonly misunderstood, with many questions about how to report foreign gifts. The form is typically required when a person receives more than $100,000 of foreign assets in a calendar year. The top half of the form must be completed, including identifying the relevant tax year. If the gift is from a foreign person, complete Roman numeral part four. The rest of the form can be skipped, with only basic information such as name and address required.