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 Irs 8938 Instructions 2019

8938 No No Download Needed Needed 2019-2025 Form

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Instructions and help about 2017 form 8938 instructions

DERREN JOSEPH: What is the threshold performance 8938?   Generally speaking. So form 8938 is a financial  asset disclosure form foreign financial asset   disclosure. It came in with FATCA probably  in 2011, 2012 or so. So it mirrors what's on   the F bar, which is the foreign bank account  report. It kind of mirrors it, but there are   some key differences. Anyway. So the threshold  for disclosure, if given that you are outside   of the US, if you are married, filing joint, then  you are looking at the maximum aggregate balance.   On the last day of the tax year is more than  five, 400,000 or more than 600,000. At any   point in time during the year, then it's  disclosed. If it is your filing separately,   married, filing separately, then it's 200,000. So  if the maximum aggregate balance on the last day   of the year is more than 200,000 or more than  300,000 at any point in time during the year,   then it just goes. But of course,

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