What is form 8938 and why do you need to file it? Expat US Tax
File Form 8938. Web general information about form 8938, statement of specified foreign financial assets. Web filing form 8938 is only available to those using turbotax deluxe or higher.
What is form 8938 and why do you need to file it? Expat US Tax
However, they are different forms—and understanding the differences is important. Web form 8938 is used by certain u.s. Select your tax module below for steps: Web there are several ways to submit form 4868. Web married filing a joint return (2) other individual. Web we have prepared a summary explaining the basics of form 8938, who has to file, and when. Web in general, form 8938 penalties will be $10,000 per year. You are unmarried and the total value of your specified foreign financial assets is more than $50,000 on the last. Individuals who must file form. Web unless an exception applies, you must file form 8938 if you are a specified person (see specified person, later) that has an interest in specified foreign financial assets and the.
To get to the 8938 section in turbotax, refer to the following instructions: Form 8938 threshold & requirements. Web form 8938 is similar to the fbar, and many expats assume that they’re the same thing. 6038d, an individual taxpayer is generally required to file a form 8938, statement of specified foreign financial assets, with his or her u.s. Web information about form 8938, statement of foreign financial assets, including recent updates, related forms and instructions on how to file. You are unmarried and the total value of your specified foreign financial assets is more than $50,000 on the last. Web married filing a joint return (2) other individual. Solved • by intuit • 7 • updated july 13, 2022. Web general information about form 8938, statement of specified foreign financial assets. Web form 8938, statement of specified foreign financial assets, is a form used to meet the requirements of fatca. However, they are different forms—and understanding the differences is important.
