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  • Irs 8938 2013

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Maintained convert to U.S. dollars U.S. Treasury Financial Management Service Check all that apply For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 37753A Form 8938 (12-2013) Page 2 Form 8938 (12-2013) Part V Detailed Information for Each Foreign Deposit and Custodial Account Included in the Part I Summary (see instructions) (continued) 7 Name of financial institution in which account is maintained 8 Mailing address of financial institution in which account.

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Related content

About Form 8938, Statement of Specified Foreign...
Use Form 8938 to report your specified foreign financial assets if the total value of all...
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Yes, if your financial situation requires it, you may need to file both Form 8938 and FBAR. Each serves a unique purpose regarding foreign assets and accounts. Consulting resources like USLegalForms can help you navigate these requirements confidently.

Specified foreign financial assets include foreign accounts, stocks, securities, and some real estate. This category holds importance under IRS 8938 for U.S. taxpayers. Understanding these assets helps you comply with federal reporting requirements.

An example of a foreign currency asset could be funds held in euros or yen within a foreign bank account. These assets are considered specified foreign financial assets under IRS 8938. If you hold such assets, it's crucial to record and report them appropriately.

Yes, bank accounts located outside the U.S. must be reported on Form 8938 if you meet the reporting thresholds. The IRS requires you to provide detailed information regarding these accounts to maintain compliance. Make sure you keep accurate records of your foreign bank accounts.

Yes, you may need to file both FBAR and FATCA, which is part of IRS 8938 reporting. While FBAR focuses on foreign bank accounts, FATCA encompasses a broader range of foreign financial assets. Filing both helps ensure complete transparency with the IRS.

Specified financial assets include various foreign accounts and investments that U.S. taxpayers must report. This category encompasses foreign stocks, mutual funds, and real estate, among others. Monitoring your assets ensures compliance with IRS 8938 obligations.

Foreign-owned assets refer to financial assets held in foreign countries by U.S. taxpayers. This can include bank accounts, real estate, or investment portfolios situated outside the U.S. If you possess these assets, staying informed about IRS 8938 requirements is essential.

A specified foreign financial asset under IRS 8938 can include foreign bank accounts, foreign stocks, or securities. These assets hold value outside the United States and must be reported if the total exceeds certain thresholds. Understanding what qualifies will help you stay compliant with IRS regulations.

For Form 8938, the income limit varies depending on your filing status. Generally, single filers need to report if their foreign assets exceed $200,000 at the end of the year or $300,000 at any point during the year. Couples filing jointly have higher thresholds. Always check the latest IRS 8938 guidelines for accurate figures.

Yes, the FBAR, or Foreign Bank Account Report, can be filed separately from Form 8938. While both forms serve to report foreign financial assets, they are distinct requirements with different filing processes. You should consult the IRS guidelines to ensure you meet the criteria for each form.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
IRS 8938
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