Form 8938. Statement of specified foreign financial assets (FATCA)Lists foreign financial assets and their maximum values on your tax return. It's separate from the FBAR, and many people file both.
Tax forms › 8938
International, immigration and foreign owners
Form 8938
Statement of specified foreign financial assets (FATCA)
What it is
Lists foreign financial assets and their maximum values on your tax return. It's separate from the FBAR, and many people file both.
Who it's for
US taxpayers with foreign accounts, shares, funds or other financial assets above the thresholds.
Good to know
- Living in the US: over $50,000 at year-end or $75,000 at any time ($100,000 / $150,000 joint).
- Living abroad: over $200,000 at year-end or $300,000 at any time ($400,000 / $600,000 joint).
- Penalty for not filing starts at $10,000.
The law behind it
Related forms
8843Statement for exempt students, scholars and others5472Report of a foreign-owned US companyFinCEN 114 (FBAR)Report of foreign bank and financial accounts2555Foreign earned income exclusion
General information, not tax or legal advice. Check the current IRS instructions for the form before you file.