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Federal forms, ICRs, and supporting documents

Information Collection Request

Form 3520-A--Annual Information Return of Foreign Trust With a U.S. Owner

ICR 201607-1545-008 · OMB 1545-0160 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form 3520-A Annual Information Return of Foreign Trust With a U.S. Owner Form Modified Available
Expiration Explanation.rtf Supplementary Document Uploaded 2009-12-23 Available
Supporting Statement 1545-0160.doc Supporting Statement A Uploaded 2016-07-25 Available
IC Document Collections
IC IDCollectionTypeStatusForm
17034 Annual Information Return of Foreign Trust With a U.S. Owner Form Modified
ICR Details
1545-0160 201607-1545-008
Historical Active 201302-1545-005
TREAS/IRS
Form 3520-A--Annual Information Return of Foreign Trust With a U.S. Owner
Extension without change of a currently approved collection   No
Regular
Approved without change 12/27/2016
Retrieve Notice of Action (NOA) 07/29/2016
  Inventory as of this Action Requested Previously Approved
12/31/2019 36 Months From Approved 12/31/2016
500 0 500
21,700 0 21,700
0 0 0
Section 6048(b) requires that foreign trusts with at least one U.S. beneficiary must file an annual information return on Form 3520-A. The form is used to report the income and deductions of the foreign trust and provide statements to the U.S. owners and beneficiaries. IRS uses Form 3520-A to determine if the U.S. owner of the trust has included the net income of the trust in it's gross income.
US Code: 26 USC 6109 Name of Law: Identifying numbers
   US Code: 26 USC 6048(b) Name of Law: United States owner of foreign trust.
  
None
Not associated with rulemaking
  81 FR 27191 05/05/2016
81 FR 49716 07/28/2016
No
1
IC Title Form No. Form Name
Annual Information Return of Foreign Trust With a U.S. Owner 3520-A Annual Information return of Foreign Trust With a U.S. Owner
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 500 500 0 0 0 0
Annual Time Burden (Hours) 21,700 21,700 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$9,400
No
No
No
No
No
Uncollected
D. Regier 202 622-3695
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
07/29/2016