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IRS fideicomisio filing

Posted by jon on September 5, 2009, 11:23 am

I may be the last one to hear about this but just in case:
The Guad Reporter's latest edition has an article that says that "US citizens holding property in Mexico in 'fideicomisios' (trusts) are required to file Forms 3520 and 3520-A with IRS...." The deadline to file is September 23, 2009. I have a puesta nombre, so this doesn't concern me, I don't think. But if you own under a bank trust, you might want to pick up the Reporter when it hits Super Hawaii to check this out.

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