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Do I need to file IRS Form 3520 and 3520A for my TFSA and RESP?
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Web for errors on form 3520 or late filing, you can face penalties of either $10,000 or 35% of your inheritance, whichever amount is greater. Web form 3520, also known as th e annual return to report transactions with foreign trusts and receipt of certain foreign gifts, is an informational return used to report. Get ready for tax season deadlines.
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Form 3520 Annual Return to Report Transactions with Foreign Trusts
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Web For Errors On Form 3520 Or Late Filing, You Can Face Penalties Of Either $10,000 Or 35% Of Your Inheritance, Whichever Amount Is Greater.
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