Where to report Foreign Mutual Fund and Public Provident Fund (PPF) on form 8938

[sourav93]

Where to report Foreign Mutual Fund and Public Provident Fund (PPF) on form 8938. Part V or Part VI?

[SusanY1 · Accepted solution]

The mutual fund and the Provident Fund go in part V.  

Keep in mind that these assets may also require completion of Form 8621, which is not included in TurboTax.  

[EDITED 04/11/2024 5:45PM PDT]

[sourav93]

Thank you for responding. Do they have to be reported even if the total value for both of them combined is less than $25k? I was reading 8621 exceptions and looks like I do not need to report them.

[SusanY1]

You are correct, you would be the below the filing threshold.