DaveF1006
Expert Alumni

Retirement tax questions

Yes, that is correct. A pension is considered a Foreign Asset and not a Foreign Financial Account. 

 

If the real estate is held through a foreign entity, such as a corporation, partnership, trust or estate, then the interest in the entity is a specified foreign financial asset that is reported on Form 8938.  If it is owned individually, then it is not.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"