What is FATCA? (Foreign Account Tax Compliance Act)
How To Fill Form 8938. You must specify the applicable calendar year or tax year to which your. Download the irs form 8938 from the official website of the internal revenue service.
What is FATCA? (Foreign Account Tax Compliance Act)
Web failing to file form 8938 when required can result in severe penalties. Use form 8938 to report your specified foreign financial assets if the total value of all the specified foreign. The standard penalty is a fine of $10,000 per year. Web the form 8938 must be attached to the taxpayer's annual tax return. Web per the irs, use form 8938 if the total value of all the specified foreign financial assets in which you have an interest is more than the appropriate reporting threshold. Web about form 8938, statement of specified foreign financial assets. Do i still need to fill form 8938 ? Open it on pdfelement and start by writing the name and. Web attach form 8938 to your annual return and file by the due date (including extensions) for that return. Web check this box if this is an original, amended, or supplemental form 8938 for attachment to a previously filed return.
Taxpayers can file form 4868 by mail, but remember to get your request in the mail by tax day. Open it on pdfelement and start by writing the name and. Web each year, the us government requires us taxpayers who own foreign assets, investments and accounts to disclose this information on internal revenue service form. From within your taxact return ( online or desktop), click federal (on smaller devices, click in the top left corner. Web per the irs, use form 8938 if the total value of all the specified foreign financial assets in which you have an interest is more than the appropriate reporting threshold. Web to enter the information for form 8938 in the taxact program: Taxpayers can file form 4868 by mail, but remember to get your request in the mail by tax day. Web failing to file form 8938 when required can result in severe penalties. Irs tax form 8938 instructions involve the reporting of specified foreign financial assets to the irs in accordance with fatca. You must specify the applicable calendar year or tax year to which your. Web key takeaways form 8938 is used by certain u.s.
