International

Form 8938: Statement of Specified Foreign Financial Assets

Reports specified foreign financial assets if their total value exceeds certain thresholds, including foreign bank accounts, foreign stocks, and interests in foreign entities.

Download Form 8938 PDFAbout on IRS.govInstructions PDF

Who Files This Form?

U.S. taxpayers with specified foreign financial assets exceeding $50,000 on the last day of the year or $75,000 at any time (higher thresholds for married filing jointly and those living abroad).

Key Fields

  • Foreign deposit accounts
  • Foreign custodial accounts
  • Foreign stocks/securities
  • Foreign partnership interests
  • Maximum value of each asset

Filing Deadlines

Due Date

April 15

With Extension

October 15

Late Filing Penalty

$10,000 penalty for failure to file; additional $10,000 for each 30 days of non-filing after IRS notice (up to $50,000).

Related Forms

FinCEN 114 (FBAR)

Report of Foreign Bank and Financial Accounts

Form 5471

Information Return of U.S. Persons With Respect to Certain Foreign Corporations

Form 8865

Return of U.S. Persons With Respect to Certain Foreign Partnerships

Form 1040

U.S. Individual Income Tax Return

TaxScout.ai extracts Form 8938 automatically

AI-powered extraction with 5-layer validation. No manual data entry.