Form 8938 Filing Requirements. Form 8938 threshold & requirements. Use form 8938 to report your specified foreign financial assets if the total value of all the specified foreign financial assets in which you have an interest is more than the appropriate reporting threshold.
Form 8938 Blank Sample to Fill out Online in PDF
Retirement assets maintained at foreign institutions. Form 8938 threshold & requirements. Web if you are required to file form 8938, you must report the specified foreign financial assets in which you have an interest even if none of the assets affects your tax liability for the year. Web you must file form 8938 if you must file an income tax return and: Web owning the following types of assets also must be reported on form 8938 if your total foreign asset value exceeds the appropriate threshold: Web information about form 8938, statement of foreign financial assets, including recent updates, related forms and instructions on how to file. You are a specified person (either a specified individual or a specified domestic entity). Examples of financial accounts include: Use form 8938 to report your specified foreign financial assets if the total value of all the specified foreign financial assets in which you have an interest is more than the appropriate reporting threshold. You must file form 8938 if:
Any level of ownership in a foreign business entity or trust. The form 8938 filing requirement does not replace or otherwise affect a taxpayer’s obligation to file fincen form 114 (report of foreign bank and financial accounts). Taxpayers who meet the form 8938 threshold and are required to file a tax return will also be required to include specified foreign asset reporting with their tax return. You are a specified person (either a specified individual or a specified domestic entity). Any level of ownership in a foreign business entity or trust. Web you must file form 8938 if you must file an income tax return and: Use form 8938 to report your specified foreign financial assets if the total value of all the specified foreign financial assets in which you have an interest is more than the appropriate reporting threshold. Retirement assets maintained at foreign institutions. Examples of financial accounts include: Bonds issued by a foreign company. Web refer to form 8938 instructions for more information on assets that do not have to be reported.
