Form 8938 2017 fill online-2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering your identifying information, including your name and taxpayer identification number (TIN) as shown on your annual return.
  3. In Part I, summarize your foreign deposit and custodial accounts. Report the number of accounts and their total maximum value during the tax year.
  4. Proceed to Part II to summarize other foreign assets. Enter the number of these assets and their total maximum value.
  5. In Part III, report any tax items attributable to specified foreign financial assets, such as interest or dividends.
  6. Complete Part IV if you reported any specified foreign financial assets on other forms; indicate how many forms you filed.
  7. For each account or asset, provide detailed information in Parts V and VI, including descriptions, values, and any relevant dates.

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2021 4.8 Satisfied (251 Votes)
2020 4.4 Satisfied (127 Votes)
2019 4.2 Satisfied (89 Votes)
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2015 4.4 Satisfied (571 Votes)
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Failure-To-File Penalty If you are required to file Form 8938 but do not file a complete and correct Form 8938 by the due date (including extensions), you may be subject to a penalty of $10,000.
The filing of Form 8938 does not relieve you of the separate requirement to file the FBAR if you are otherwise required to do so, and vice-versa. Depending on your situation, you may be required to file Form 8938 or the FBAR or both forms, and certain foreign accounts may be required to be reported on both forms.
Attach Form 8938 to your annual return and file by the due date (including extensions) for that return. You must specify the applicable calendar year or tax year to which your Form 8938 relates in the appropriate space(s) at the top of the form. An annual return includes the following returns. Form 1040.
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. See Reporting Thresholds, later. Requirements, for a chart comparing Form 8938 and FBAR filing requirements.
Filing Form 8938 is only available to those using TurboTax Deluxe or higher. To get to the 8938 section in TurboTax, follow these steps: Open or continue your return.

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Form 8938: attach to your US return. FBAR: submit separately online through the BSA e-Filing system.
Youre required to file Form 8938 if: Youre a US citizen, resident alien, or certain non-resident aliens. You hold interest in specified foreign financial assets. The total value exceeds the IRS reporting threshold (which depends on your filing status and where you live)

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