Form 3520, Page 3Summary: This is an example of page 3 of a current year Form 3520 showing the placement of the edited characters which will be transcribed. A {T} identifies the position of the edited character. Under Part I, Schedule B - Gratuitous Transfers (Continued):Line 15There are four columns numbered with a lower case letter. Each column has four lines. The first three lines are transcribed. If more than three appear, then a Multiple indicator is entered at the end of the third row. The columns are:Column (a) Name of beneficiary is the title. {T}Column (b) Address of beneficiary is the title. {T}Column (c) U.S. beneficiary? is the title, and the column is divided in half with the left side a Yes column and the right side a No column. {T}Column (d) Identification number, if any is the title. {T}Line 16There are three columns identified with a lower case letter. Each column has four lines. The first line is transcribed. If more than one line appears, then a Multiple indicator is entered at the end of the first row. The columns are:Column (a) Name of trustee is the title. {T}Column (b) Address of trustee is the title. {T} Column (c) Identification number, if any is the title. {T}Line 17There are four columns identified with a lower case letter. Each column has four lines. The first line is transcribed. The columns are:Column (a) Name of other persons with trust powers is the title. {T}Column (b) Address of other persons with trust powers is the title. {T}Column (c) Description of powers is the title. {T}Column (d) Identification number, if any is the title. {T}Line 1818. If you checked No on line 3, you are required to attach a copy of all trust documents as indicated below. If these documents have been attached to a Form 3520-A or Form 3520 filed within the previous 3 years, attach only relevant updates.Line 18a through fa. Summary of all written and oral agreements and understandings relating to the trust? checkbox Yes, checkbox No, checkbox Attached Previously, Year Attached : field contains {T}.b. The trust instrument? checkbox Yes, checkbox No, checkbox Attached Previously, Year Attached: field contains {T}.c. Memoranda or letters of wishes? checkbox Yes, checkbox No, checkbox Attached Previously, Year Attached: field contains {T}.d. Subsequent variances to original trust documents? checkbox Yes, checkbox No, checkbox Attached Previously, Year Attached: field contains {T}.e. Trust financial statements? checkbox Yes, checkbox No, checkbox Attached Previously, Year Attached: field contains {T}.f. Organizational chart and other trust documents? checkbox Yes, checkbox No, checkbox Attached Previously, Year Attached: field contains {T}.Under: Part I. Schedule C - Qualified Obligations Outstanding in the Current Tax Year (see instructions): Line 1919. Did you, at any time during your tax year, hold an outstanding obligation of a related foreign trust (or a person related to the trust) that you reported as a qualified obligation in the current tax year? checkbox Yes checkbox No {T}If Yes, complete columns (a) through (e) below.The next fields to be transcribed are 5 columns numbered with a lower case letter. Each column has 3 lines. The first two lines are transcribed, and each have a {T} present in the column identifying it for transcription. They are:Column (a) Date of original obligation is the title. {T}Column (b) Tax year qualified obligation first reported is the title. {T}Column (c) Amount of principal payments made during your tax year is the title. {T}Column (d) Amount of Interest payments made during your tax year is the title. {T} Column (e), Balance of the outstanding obligation at the end of the year. {T}Column (f) Does the obligation still meet the criteria for a qualified obligation is the title. This column is divided into a Yes (on the left) and No (on the right). {T}