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Business & farm
It depends. Unless an exception applies, you must file Form 8938 if you are a specified person that has an interest in specified foreign financial assets and the value of those assets is more than the applicable reporting threshold.
- IRS Instructions for Form 8938 (see the reporting thresholds and specified individuals)
If you find you need to report this, then follow the steps to add and complete the form.
- Search (upper right) > type 8938 > Click the Jump to... link (or in TurboTax Online click the first FAQ below search and select Go to 8938)
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March 17, 2025
8:07 AM