Hi @ri-solano Thank you for joining us for our TurboTax Live Event on Retirement yesterday.
@K M W has provided valuable resources regarding filing Fbar and Form 8938.
To answer your question regarding what are other foreign financial assets required to be reported on Form 8938 please see link from IRS provided, you would have to report the asset value on Form 8938 not the earnings. As @K M W has replied Form 8938, needs to be filed with the federal tax return if the total foreign financial assets value exceeds $50,000 for single filers or $100,000 for MFJ filers on the last day of the tax year, or $75,000 for single and $150,000 for MJF at any time during the year. There are different filing thresholds for US citizens living outside the US.
IRS Basic Question and Answers on Form 8938
https://www.irs.gov/businesses/corporations/basic-questions-and-answers-on-form-8938
We hope the additional resources are helpful and answer your question. Please reach out if you have additional concerns.
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Bonnie, TTLive, QRT, Tax Expert
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