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26 U.S.C. § 6039F / IRS Form 3520

Foreign Gift & Form 3520 Calculator

Check if your foreign wire transfer or inheritance triggers IRS Form 3520 reporting and estimate late filing penalties.

Foreign Gift Calculator

IRS Filing Requirement Assessment

Enter gift details and click Calculate Reporting Requirement.

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Statutory Regulations & Aggregation Rules

Under 26 U.S.C. Section 6039F, certain U.S. persons must report large foreign gifts and bequests on Form 3520 Part IV. For gifts or bequests from nonresident alien individuals or foreign estates, the general reporting threshold is more than $100,000 during the tax year. Gifts from related foreign individuals or estates are aggregated when the recipient knows or has reason to know they are related, or when one donor acts as a nominee or intermediary. Once the $100,000 threshold is exceeded, each individual gift over $5,000 generally must be separately identified on Form 3520.

For purported gifts from foreign corporations or foreign partnerships, the 2026 reporting threshold is $20,573. The IRS may recharacterize purported gifts from foreign corporations or partnerships under the applicable tax rules.

A qualifying foreign gift is generally not included in the recipient's federal gross income under IRC Section 102. However, gifts or bequests from a covered expatriate can be subject to the separate Section 2801 regime and Form 708. Therefore, this calculator estimates Form 3520 Part IV reporting based on the entered source and amount; it does not determine every possible U.S. tax consequence.

Form 3520 is generally due April 15 for calendar-year individuals, with a June 15 rule for certain U.S. citizens and residents living abroad and applicable extensions generally available through October 15. Reasonable cause may prevent a Section 6039F penalty from being imposed.

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Frequently Asked Questions (FAQ)

Generally, a bona fide gift or bequest received by a U.S. person from a foreign individual is not included in federal gross income under IRC Section 102. However, special rules can apply, including Section 2801 for covered gifts or bequests from covered expatriates. Form 3520 is generally an information return for reportable foreign gifts; it does not itself impose federal income tax on an ordinary qualifying gift.

Under IRC Section 6039F, Form 3520 Part IV is generally required if a U.S. person receives more than $100,000 during the tax year from a nonresident alien individual or foreign estate, including related foreign persons when the applicable aggregation rules apply. For purported gifts from foreign corporations or foreign partnerships, the 2026 reporting threshold is $20,573, adjusted annually for inflation.

Under Section 6039F(c), a penalty equal to 5% of the amount of the reportable foreign gift can apply for each month, or fraction of a month, that the required reporting remains late, up to a maximum of 25% of the reportable gift amount. The penalty is not automatic in every case; reasonable cause may prevent the penalty from being imposed.

Form 709 is generally used by a U.S. donor to report gifts subject to the federal gift-tax rules, while Form 3520 Part IV is generally used by a U.S. recipient to report qualifying large gifts or bequests from foreign persons. A bona fide foreign gift is generally not federal gross income to the recipient under IRC Section 102, but special rules such as Section 2801 can apply to gifts from covered expatriates.

For the $100,000 threshold, gifts from different nonresident alien individuals or foreign estates must be aggregated when you know or have reason to know that the donors are related, or when one is acting as a nominee or intermediary for another. For example, $60,000 from a mother and $50,000 from a father who are known to be related would be aggregated to $110,000. Once the threshold is exceeded, each individual gift over $5,000 generally must be separately identified on Form 3520.

For a calendar-year individual, Form 3520 is generally due April 15. A U.S. citizen or resident who lives and works outside the United States or Puerto Rico, or who is on qualifying military or naval duty outside the United States and Puerto Rico, generally has a June 15 deadline. If an income-tax return extension applies, Form 3520 can generally be extended, but not beyond October 15 for a calendar-year individual. Form 3520 is filed separately from Form 1040. The current IRS mailing address is Internal Revenue Service Center, P.O. Box 409101, Ogden, UT 84409.

A non-interest-bearing account can still be reportable. For FBAR and FATCA purposes, reporting depends on the type of account or asset and the applicable aggregate thresholds, not on whether the account earns interest. The specific reporting rules differ between FBAR and Form 8938.
Official IRS References

• IRS Gifts from Foreign Persons Overview: irs.gov/foreign-gifts
• IRS Form 3520 Instructions (Receipt of Certain Foreign Gifts): irs.gov/form3520
• IRS Notice 97-34 (Foreign Gift Aggregation Guidance): irs.gov/notice9734