Form 3520 Late Filing Penalty - Web a penalty applies if form 3520 is not timely filed or if the information is incomplete or incorrect (see below for an exception if there is reasonable cause).
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Web up to 25% for failure to report the receipt of a gift or inheritance from a foreign person (sec. When the irs issues a penalty for not timely or accurately filing a form 3520, the penalties can be tough. 7 what is reported on form 3520 8 when is form 3520 due? Web the.
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