Found 45 Matching Items; Displaying 1 - 10.
About Form 8938, Statement of Specified Foreign Financial Assets
Information about Form 8938, Statement of Foreign Financial Assets, including recent updates, related forms and instructions on how to file.
General Information
Form 8938, Statement of Foreign Financial Assets
Use Form 8938, Statement of Specified Foreign Financial Assets, 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.
Forms and Instructions
Basic questions and answers on Form 8938
Find answers to basic questions about Form 8938, Statement of Specified Foreign Financial Assets.
General Information
Corporations
Comparison of Form 8938 and FBAR requirements
Review a chart comparing the foreign asset types and filing requirements for Form 8938 and the Foreign Bank and Financial Accounts (FBAR) form.
General Information
Large Businesses
Update to 2014 instructions to Form 8938 1
This update reflects changes to the Form 8938 reporting requirements made in the final regulations under section 6038D
General Information
Corporations
Instructions for Form 8938, Statement of Specified Foreign Financial Assets
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.
Forms and Instructions
Do I need to file Form 8938, Statement of Specified Foreign Financial Assets?
Certain U.S. taxpayers holding specified foreign financial assets with an aggregate value exceeding $50,000 will report information about those assets on new Form 8938, which must be attached to the taxpayer’s annual income tax return. Higher asset thresholds apply to U.S. taxpayers who file a joint tax return or who reside abroad.
General Information
Corporations
Free File Fillable Forms: Program limitations and available forms
Review a list of current tax year Free File Fillable Forms and their limitations.
General Information
Individuals
Summary of FATCA reporting for U.S taxpayers
Under FATCA, certain U.S. taxpayers holding financial assets outside the United States must report those assets to the IRS on Form 8938, Statement of Specified Foreign Financial Assets. There are serious penalties for not reporting these financial assets. This FATCA requirement is in addition to the long-standing requirement to report foreign financial accounts on Form TD F 90.22-1, Report of Foreign Bank and Financial Accounts (FBAR).
General Information
Corporations