Philadelphia Estate Planning, Tax, Probate Attorney Law Practice
File Form 8938. Unlike the fbar penalties, there has been no indication that the internal revenue service plans on seeking penalties. Web form 8938 is similar to the fbar, and many expats assume that they’re the same thing.
Philadelphia Estate Planning, Tax, Probate Attorney Law Practice
Solved • by intuit • 7 • updated july 13, 2022. Complete irs tax forms online or print government tax documents. Taxpayers who meet the form. Web form 8938, statement of specified foreign financial assets, is a form used to meet the requirements of fatca. Web review a chart comparing the foreign asset types and filing requirements for form 8938 and the foreign bank and financial accounts (fbar) form. Web we have prepared a summary explaining the basics of form 8938, who has to file, and when. Web married filing a joint return (2) other individual. You are unmarried and the total value of your specified foreign financial assets is more than $50,000 on the last. Complete, edit or print tax forms instantly. Web form 8938 is one of the newest additions to the internal revenue service’s international information reporting requirements for us taxpayers who have foreign accounts, assets,.
Web married filing a joint return (2) other individual. Form 8938 threshold & requirements. To get to the 8938 section in turbotax, refer to the following instructions: Web in general, form 8938 penalties will be $10,000 per year. Web form 8938 is similar to the fbar, and many expats assume that they’re the same thing. Web we have prepared a summary explaining the basics of form 8938, who has to file, and when. Web form 8938, statement of specified foreign financial assets, is a form used to meet the requirements of fatca. Web certain domestic corporations, partnerships, and trusts that are considered formed or availed of for the purpose of holding, directly or indirectly, specified foreign financial. Web information about form 8938, statement of foreign financial assets, including recent updates, related forms and instructions on how to file. Web filing form 8938 is only available to those using turbotax deluxe or higher. Web review a chart comparing the foreign asset types and filing requirements for form 8938 and the foreign bank and financial accounts (fbar) form.
