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Tax on Transactions with Foreign Trusts and Receipts of Foreign Gifts (3520)
Other Taxes Screen 45; Code 115

Form 3520 “Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts” is not supported in the Lacerte Individual Income Tax program. Refer to Form 3520 instructions for the purpose of the form and who must file instructions. If the taxpayer needs to file Form 3520, it must be manually prepared, and the additional tax should be entered in this field. The amount entered is reported on the Taxes line of Schedule 2 labeled with a code of “ADT” in accordance with Form 3520 instructions.