Filing later a form I can't fill in before the (extended) deadlne?

Forum|Forum|2 years ago
September 27, 2023
5 replies
77 views

If I can't a file one form by the (extended) deadline, can I file 1040 and everything else I can, and file the missing form alone later? Example: the FATCA form. Or I should file everyting together and pay the penalties.

Ask the Experts - Extension - Sept 2023

Best answer by Cindy4 12

Hi @Midalvri !

Are you referring to form 8938? Form 8938 must be filed along with your income tax return (Form 1040) and is due at the same time per these IRS instructions:

https://www.irs.gov/pub/irs-pdf/i8938.pdf

There are delinquency penalties discussed here:

https://www.thetaxadviser.com/issues/2021/may/foreign-financial-asset-filing-requirements.html

Best wishes!

Cindy

Cindy4 12

Answer

Employee Tax Expert

Hi @Midalvri !

Are you referring to form 8938? Form 8938 must be filed along with your income tax return (Form 1040) and is due at the same time per these IRS instructions:

https://www.irs.gov/pub/irs-pdf/i8938.pdf

There are delinquency penalties discussed here:

https://www.thetaxadviser.com/issues/2021/may/foreign-financial-asset-filing-requirements.html

Best wishes!

Cindy

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MidalvriAuthor

Level 2

Thank you, Cindy4. This is for 8938. What about other forms, like Schedule B or alike?

Cindy4 12

Employee Tax Expert

Yes, it's best to file everything by the extension due date to avoid penalties for not timely filing. If you are due a refund on your 1040, you do have 3 years do claim it.

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