What Is Form 8938

2013 Form IRS 8938 Fill Online, Printable, Fillable, Blank pdfFiller

What Is Form 8938. Web about form 8938, statement of specified foreign financial assets. For most individual taxpayers, this means they will start filing form 8938 with their 2011 income tax return.

2013 Form IRS 8938 Fill Online, Printable, Fillable, Blank pdfFiller
2013 Form IRS 8938 Fill Online, Printable, Fillable, Blank pdfFiller

Web technically speaking, form 8938 refers to the irs’ statement of specified foreign financial assets filed by us persons with fatca assets that are reportable to the internal revenue service in accordance with internal revenue code section 6038d. Cash or foreign currency, real estate, precious metals, art and collectibles i directly hold foreign currency (that is, the currency isn't in a financial account). Officially called your statement of specified foreign financial assets, form 8938 one of the forms expats use to tell the irs about financial assets they hold abroad. Web about form 8938, statement of specified foreign financial assets. Specified individuals and specified domestic entities that have an interest in specified foreign financial assets and meet the reporting threshold Web form 8938 reporting applies for specified foreign financial assets in which the taxpayer has an interest in taxable years starting after march 18, 2010. Web if you are treated as an owner of any part of a foreign grantor trust, you may have to file form 8938 to report specified foreign financial assets held by the trust. Web how do i file form 8938, statement of specified foreign financial assets? It is part of fatca, an act passed by the obama administration in 2010 to curb foreign tax evasion. You must file form 8938 with your annual tax return by tax day if it's required.

It is part of fatca, an act passed by the obama administration in 2010 to curb foreign tax evasion. You must file form 8938 with your annual tax return by tax day if it's required. Back to top specific examples: Cash or foreign currency, real estate, precious metals, art and collectibles i directly hold foreign currency (that is, the currency isn't in a financial account). Solved • by turbotax • 965 • updated january 13, 2023 filing form 8938 is only available to those using turbotax deluxe or higher. Fincen form 114, report of foreign bank and financial accounts (fbar) who must file? Web what is form 8938? It is part of fatca, an act passed by the obama administration in 2010 to curb foreign tax evasion. Specified individuals and specified domestic entities that have an interest in specified foreign financial assets and meet the reporting threshold Define irs form 8938 on march 18, 2010, president obama signed the foreign account tax compliance act (fatca) into law, and form 8938 was one of the new forms created. Web form 8938 reporting applies for specified foreign financial assets in which the taxpayer has an interest in taxable years starting after march 18, 2010.