What are the due dates for Form 3520 and Form 3520-A for foreign trusts?
Tax Professional Answers
The instructions to Form 3520-A state that Form 3520-A must be filed by the 15th day of the 3rd month after the end of the trust's tax year. A six-month extension of time to file Form 3520-A may be granted by filing Form 7004, "Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns."
If you are filing "substitute" Form 3520-A and attaching it to Form 3520, the due date for substitute Form 3520-A is the same as Form 3520. See a blog article on this at www.taxconnections.com/taxblog/foreign-trust-irs-penalty-notices-for-late-forms-3520-a-are-scaring-innocent-taxpayers/?.
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