Do YOU need to file Form 8938? “Statement of Specified Foreign
When To File Form 8938. The penalties for form 8938 can be severe. 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.
Do YOU need to file Form 8938? “Statement of Specified Foreign
Web late filing form 8938 penalties. Web individuals who must file form 8938 include u.s. Web for additional information, also refer to about form 8938, statement of specified foreign financial assets. As provided by the irs: For individuals, the form 8938 due dates, include: Web penalties associated with not filing form 8938. In recent years, the irs has increased offshore enforcement of foreign. Web form 8938 is one of the newest additions to the internal revenue service’s international information reporting requirements for us taxpayers who have foreign accounts, assets,. Web you must file form 8938 if you must file an income tax return and: Taxpayers to report specified foreign financial assets each year on a form 8938.
The due date for fatca reporting is the date your tax return is due to be filed. Web 8938 form filing deadline. Web form 8938 filing requirements. Web penalties associated with not filing form 8938. “fatca” (foreign account tax compliance act) requires specified individuals to report ownership of specified foreign. As provided by the irs: Web form 8938 is used to report your foreign financial assets if the total value exceeds a certain threshold based on your filing status and the types of assets. Select your tax module below for steps: Web information about form 8938, statement of foreign financial assets, including recent updates, related forms and instructions on how to file. Please see the following information for filing form 8938. The due date for fatca reporting is the date your tax return is due to be filed.
