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8938 Instructions 2023 Form: What You Should Know

Year you were a resident in the United States. And yes, if all your foreign financial assets were acquired AFTER you became a  resident in the United States then you also satisfy the reporting threshold for financial reporting reasons. If you don't satisfy the requirement for reporting due to any of the above reasons, then you are subject to FATWA reporting. (This will be explained in more detail later.) So where does the 200,000 reporting thresholds come from? Well, that's why it's so important for us to understand what the filing requirements are! The Filing Requirements for Form 8938.  (The Filing Requirements for the Statement of Specified Foreign Financial Assets.) What is this particular letter that the IRS sent us? Well, the Filing Requirements for Form 8938 are in the Taxpayer Instructions to the Form 8938, which is included in every form that you file. But the letter that we all received is the Statement of Specified Fiduciary Foreign Assets. It's not quite the same thing as the Filing Requirements for Form 8938, that's explained below. What's The Filing Requirement For Form 8938? The Form 8938 is a document that US taxpayers file with the  US Internal Revenue Service when they: a. are US citizens (or nationals) b. are subject to the US federal income tax c. have US Specified Foreign Financial Assets (FFA) in  respect to which the taxpayer meets the filing  requirement for FATWA reporting. The Filing Requirement For Filing The Form 8938 If you don't know the number you have to enter on this line (you need it to complete your paper) there are ways to do it. This is really a requirement. All you have to do is enter “NA” in the 2n column on line 30 (the line with the line number on the other side, which is the 2nd column, which is the column for the information about how to fill out the form),  and pay any remaining amount or enter “0” on the other line. So if you're in the 1st or 2nd  column, then you'll find the “NA” on line 30.  To learn more, we sent out the following question to our readers last week.

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