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Form Instructions 8938 for South Carolina: What You Should Know

If so, you might want to consider an experienced tax preparer. We've helped more than 20,000 CTAs, and we can help you as well. Instructions for Form 8938, Statement of Foreign Financial Assets — Part II What you need to do first is find your CTA's address, or address of principal place of business. Next, determine if you are required to file for income tax as a foreign person. If you are  Is you are required, make sure you make sure that your financial documents are in order (including copies) and ready to turn in to the South Carolina Secretary of State's office. Then, fill in Form 8938, in one of these instructions. Then,  As a foreign person with limited liability, you are responsible for filing your foreign income tax return.  Filing a return requires information on your gross income from the place of your primary business or business activities abroad and income you receive from foreign countries. This document serves as the instructions for filing Form 8938, Statement of Foreign Financial Assets — Part I (this document also describes other forms you may need to file — see the Forms and Instructions section later). The South Carolina Secretary of State's office has compiled a list of filing forms and other information you may need to file as a foreign person, so check that list carefully as well. The Office of the State Auditor is responsible for providing you with Forms 8938, Statement of Foreign Financial Assets, and the information you need to file them along with the documents to get the appropriate tax credits. Instructions for Form 8938, Statement of Foreign Financial Assets — Part I You need to report your income as the resident of any foreign country and from which you received more than 5,000 in a year.  Example A: You live in Argentina, France and have business activities in Brazil. Example B: You live in Brazil, France and have business activities in Argentina.

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