If I have a joint account in foreign country with my mother where she is primary and is resident of foreign country, do I need to include those accounts in Form 8938?

posted

Yes, if you have the ability to access the funds or sign checks/drafts on the account you need to include the account on your own 8938 and/or FBAR reports.

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

I am the trustee on an account that my niece was the beneficiary on. She wanted to cash out. We did that in September 2024. i now have a form 1099 DIV and did not include that in my return. do i need to amend?

in [Event] Ask the Experts: Amending Your Taxes

Expert does your taxes

Do it yourself

Resources

Support

If I have a joint account in foreign country with my mother where she is primary and is resident of foreign country, do I need to include those accounts in Form 8938?

If I have a joint account in foreign country with my mother where she is primary and is resident of foreign country, do I need to include those accounts in Form 8938?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

If I have a joint account in foreign country with my mother where she is primary and is resident of foreign country, do I need to include those accounts in Form 8938?

Do you have an Intuit account?

If I have a joint account in foreign country with my mother where she is primary and is resident of foreign country, do I need to include those accounts in Form 8938?

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert