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People allowed to sign the FTB 3520-BE form (for businesses) President. Vice President. Chief Financial Officer (CFO) Chief Executive Officer (CEO)
Individuals. Individuals must sign and date form FTB 3520-PIT, in order for the POA Declaration to be valid. For minors, a parent or legal guardian/conservator must sign, date, and enter their relationship to the minor on form FTB 3520-PIT.
Can I file Form 352 0 electronically? Form 352 0 can be filed electronically through a tax return preparation program. Otherwise, Form 352 0 must be printed and paper-filed.
A U.S. grantor, a U.S. beneficiary, or a domestic corporation controlled by the grantor or beneficiary may act as a U.S. agent. However, you may not treat the foreign trust as having a U.S. agent unless you enter the name, address, and TIN of the U.S. agent on lines 3a through 3g of Part I of the form.
About Our Fees Expat, Resident, Nonresident Alien and Dual Status Tax Services Form 3520/3520-A: Foreign Trust $750/$300 for gifts Form 8288-B: Application for Withholding Exemption on Sale of Real Estate $500 Form 8621: Passive Foreign Investment Companies (FPICs) $175 Form 8843 $7526 more rows
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U.S. persons (and executors of estates of U.S. decedents) file Form 3520 to report: Certain transactions with foreign trusts. Ownership of foreign trusts under the rules of sections Internal Revenue Code 671 through 679. Receipt of certain large gifts or bequests from certain foreign persons.