Form 8938 Who Has to Report Foreign Assets & How to File
Filing Form 8938. Form 8938 and the fbar are both due by the april 15 tax deadline, but have different. Web married filing a joint return (2) other individual.
Form 8938 Who Has to Report Foreign Assets & How to File
Web statement of specified foreign financial assets 3 type of filer specified individual b partnership c corporation d trust 4 if you checked box 3a, skip this line 4. Web do i need to file form 8938, statement of specified foreign financial assets? Web we have prepared a summary explaining the basics of form 8938, who has to file, and when. Unlike the fbar penalties, there has been no indication that the internal revenue service plans on seeking penalties. Complete, edit or print tax forms instantly. Ad access irs tax forms. Complete irs tax forms online or print government tax documents. Ad get ready for tax season deadlines by completing any required tax forms today. Web taxpayers generally have an obligation to report their foreign asset holdings to the irs on form 8938, statement of specified foreign financial assets, and to the. Taxpayers who meet the form 8938.
Taxpayers, corporations, partnerships, and trusts that hold foreign assets beyond a certain threshold. What's the most annoying us expat tax form? 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,. Select your tax module below for steps: Web under prior law, the reporting of sffas on form 8938 solely applied to individuals, provided that the value of the reportable foreign assets exceeded the. Complete irs tax forms online or print government tax documents. Web form 8938 is issued by the irs rather than fincen. Unlike the fbar penalties, there has been no indication that the internal revenue service plans on seeking penalties. Ad access irs tax forms. Web home comparison of form 8938 and fbar requirements the form 8938 filing requirement does not replace or otherwise affect a taxpayer’s obligation to file fincen. Web form 8938 thresholds for 20232.
