No other form needs to be filled out.
You have to file 8938 along with your tax return if the value of foreign financial assets exceeds a certain threshold.
The threshold for filing form 8938 along with the tax return is
1. If you are single or married filing separately, the threshold for filing 8938 is if the total value of your specified foreign financial assets is more than $50,000 on the last day of the tax year or more than $75,000 at any time during the tax year.
2. If you are married and you and your spouse file a joint income tax return, if the total value of your specified foreign financial assets is more than $100,000 on the last day of the tax year or more than $150,000 at any time during the tax year.
Click on the link for more info Form 8938
You may have to file FBAR with Financial Crime Network Enforcement if you have a financial interest in or signature authority over foreign financial accounts must file an FBAR if the aggregate value of the foreign financial accounts exceeds $10,000 at any time during the calendar year.
Click on the link for more information FBAR
