- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@sourav93 if you are filing a joint return and therefore a joint 8938, you would need to report each and every bank account you own or have signature authority over whether joint or individual. What they are trying to get from you is all foreign accounts wherein your names appear ( because you are both US persons. Note that the trigger level is based on aggregate amounts over the accounts.
Does that make sense ?
Namaste ji
pk
‎April 12, 2024
3:14 PM