The Advantages of Timely Coverage Foreign Inheritance to IRS and Its Effect on Your Funds Prompt reporting of foreign inheritance to the IRS can greatly affect an individual's financial landscape. By recognizing the reporting requirements, one can stay clear of lawful issues and prospective penalties - Form 3520 foreign gift. https://daltoneffdb.wikibriefing.com/3733146/protecting_yourself_from_penalties_for_not_filing_form_3520