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Form 8938: Level of detail?

I have one investment account at a bank in Germany. Inside the account I hold shares in three German companies (SAP, BMW and Siemens). In Part VI of form 8938, do I enter the one account in aggregate? Or do I make three separate entries (ie, fill out Part VI three times), one for each stock holding? Thx.

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2 Replies
DanaB27
Expert Alumni

Form 8938: Level of detail?

Yes, you will enter each stock separately and therefore have three entries (SAP, BMW and Siemens). 

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Form 8938: Level of detail?

I found the attached on the IRS website, which indicates that it is not necessary to separately list the contents of an account on form 8938. But the IRS instructions for form 8938 seem to imply that a separate list is required, so I wasn't sure. Thank you for responding.

 

Screen Shot 2022-02-06 at 11.49.52.png

 

IRS Site:

https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements

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