fatca reporting
Do you own foreign financial assets? Let´s check if you need to report them to the IRS.
Set a virtual meeting with us today.
FATCA REPORTING
If you are a US citizen or resident with an interest in a specified foreign financial asset and the value of those assets exceed the reporting threshold, you are required to file Form 8938 with your annual federal tax return.
Different thresholds apply to taxpayers living in the US or taxpayers living outside the US considering their filing status.
Let´s find out if you need to submit form 8938 with your tax return.