如果报税人是美国公民、被定义的税务居民或者美国实体,报税人必须诚实得向美国税务局(IRS)披露海外资产信息。常见的主要海外信息申报表包括FBAR(海外金融账户申报表),Form 8938(海外金融资产申报表),Form 5471(海外股权申报表)和Form 3520(境外信托及赠与申报表)。为了让读者全面了解海外资产申报的相关情况,本专栏特别...
You must file IRSForm 8938Statement of Specified Foreign Financial Assetsif you have an interest in specified foreign assets and the value of those assets is more than the applicable reporting threshold. See the IRSInstructions for Form 8938andBasic Questions and Answers on Form 8938for more inform...
One of the most difficult expat tax forms to understand is Form 8938. For years, this form has been a thorn in the side of American taxpayers around the world. To help clear up this confusing topic, we’ve compiled everything you need to know about IRS Form 8938. Key Takeaways Form...
通常美国人(公民、绿卡或税务居民)收到的外国礼物或遗赠(由非居住在美国的非美国公民所拥有的非美国资产转赠)不计入总收入,不需要纳税。但如果纳税年内收到的汇款总金额超过$10万,接受汇款的人需要向IRS申报Form 3520表格,只需申报不需要缴税。 如果这笔钱是借的,不是别人赠与,则不需要向IRS申报,如果被抽查,请...
Form 8938, officially called the Statement of Specified Foreign Financial Assets, is an Internal Revenue Service (IRS) document used by U.S. taxpayers to report their financial holdings outside the United States. It helps the IRS enforce tax laws related to foreign income and assets. ...
It’s important to be aware of the caution and risks associated with foreign banks reporting balances to the IRS, particularly in the context ofForm 8938compliance. WhileForm 8938audits are very rare, below are important considerations for client advisors to avoid complications: The Role of Foreign...
New IRS Form 8938 – Statement o Specifed Foreign Financial Assets WEALTH PRESERVATION AND TAX PLANNING ALERT ..
IRS Form 8938is a tax form used by some U.S. taxpayers, corporations, partnerships, and trusts that hold foreign assets beyond a certain threshold. Key Takeaways Form 8938 is used by certain U.S. taxpayers and businesses to report foreign-held assets in excess of certain amounts, depending...
1. What is the IRS Form 8938? You use the IRS Form 8938 or the Statement of Specified Foreign Financial Assets to report your specified foreign financial assets if their total value exceeds the appropriate reporting threshold. While there is some overlap between that and the foreign financial ac...
IRS Instructions to Form 8938, Reporting of Foreign Accounts, Clarify Reporting Rules and Provide Relief for Failure to Report Certain Foreign Retirement Plans and Accounts for 2014 and Earlier YearsElizabeth Thomas Dold