Serbinski Accounting Firms

I found elsewhere in the forums where someone mentioned that distributions do not enter into Form 3520-A, Page 2, Part III. In order to make the table in Part III look correct, I modified line 17, Contributions to trust corpus and made it beginning of the year cash minus withdrawals and minus foreig...

I have learnt a great deal from this forum and have been putting together my forms 3520 and 3520A for 2017. I may have missed somewhere in your discussions, but where does the withdrawal or distribution reported in the table of form 3520a, Part III. Contributions clearly go to line 17 as many of you...

AliM, I know time has gone by since your post, but the RESP case you described applies to me closely, and the steps you showed are really helpful. Thanks. I would have liked to find out whether the distribution was the total amount that were withdrawn from the RESP, or was it the compounded interest...

I did my research and found out that I only have to report the RESP account status in forms 3520/3520A for the years I became U.S. resident (2016 and forward). But I do have a complication in my RESP transactions in 2016. I moved an amount of RESPS - in kind - from one to Bank to another in Canada. ...

I have been US resident (Green Card) since 2016, and I have two RESP accounts created in 2009. My U.S. tax accountant, who filled up my 2016 taxes, did not complete the 3520/3520A forms. He did not know that this was required, so I am undertaking the task of reporting RESP accounts this year. I have...