Instructions For Form 8938 - 2016 Page 13
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14Index
G
P
R
General Instructions:
Paperwork Reduction Act
Reporting Maximum Value:
A
Future developments
1
Notice
12
Assets with no positive
Assets Not Required To Be
Items of Interest
1
Part I, Foreign Deposit and
value
7
Reported:
Purpose of Form
1
Custodial Accounts
Foreign currency
Bona fide resident of a
Specified Foreign
Summary:
conversion
7
U.S. possession
8
Financial Assets
1
Line 1
10
Reporting the value of
Domestic bankruptcy
What's New
1
Line 2
10
jointly owned assets
7
trusts
8
When and How To File
1
Line 3
10
Valuing financial
Domestic investment
Line 4
10
accounts
7
trusts
8
Line 5
10
Valuing interests in foreign
Duplicative reporting
8
I
Part II, Other Foreign Assets
estates, foreign
Excepted financial
Identifying Information.:
Summary:
pension plans, and
accounts
8
Form 8938 for previously
Line 1
10
foreign deferred
Foreign grantor trusts
8
filed annual return
10
Line 2
10
compensation plans.
7
Other excepted specified
Taxpayer identification
Line 3
10
Valuing interests in foreign
foreign financial
number (TIN)
10
Part III. Summary of Tax
trusts
7
assets
8
Type of filer
10
Items Attributable to
Valuing other specified
Interests in Specified Foreign
Specified Foreign
foreign financial
Financial Assets:
Financial Assets
10
assets
7
C
Assets generating certain
Part IV. Excepted Specified
Reporting Period:
Criminal Penalties
9
unearned income of
Foreign Financial Assets:
Examples
7
children (Kiddie tax
Foreign grantor trusts
10
Exception for partial tax
election)
6
Part V. Detailed Information
years of specified
D
Assets held by
for each Foreign Deposit
individuals.
7
Determining the Total Value
disregarded entities.
6
and Custodial Account
Reporting the value of jointly
of Your Specified Foreign
Assets held by entities
Included in the Part I
owned assets:
Financial Assets:
that are not
Summary:
Married specified
Assets reported on
disregarded entities
6
Line 1
10
individuals filing a joint
another form
4
Assets held by grantor
Line 2
10
income tax return
7
Asset with no positive
trust
6
Line 3
10
Married specified
value
4
Assets held in financial
Line 4
10
individuals filing
Joint interests
4
accounts
6
Line 5
10
separate income tax
Value of an interest in a
Foreign estates and
Line 6
10
returns
7
foreign estate, foreign
foreign trusts
6
Line 7
10
Other joint ownership
7
pension plan, and
Foreign pension plans and
Line 8
10
Reporting Thresholds
3
foreign deferred
foreign deferred
Line 9
10
Married taxpayers filing a
compensation plan.
4
compensation plans.
6
Part VI. Detailed Information
joint income tax return
Value of an interest in a
Jointly owned assets
6
for each "Other Foreign
and living in the United
foreign trust during the
Asset" Included in Part II
States
3
tax year.
4
Summary:
Married taxpayers filing
Valuing specified foreign
J
Joint interests
11
separate returns and
financial assets
4
Joint interests
4
Line 1
11
living in the United
Joint Interests:
Line 2
11
States
3
Examples
5
Line 3
11
Presence abroad
3
E
Joint ownership with a
Line 4
11
Reporting Threshold
Excepted Specified
spouse who is not a
Lines 5 and 6
11
Applying to Specified
Domestic Entities
3
specified individual or
Lines 7a through 7d
11
Individuals
3
Certain domestic trusts
3
someone other than a
Lines 8a through 8e
11
Taxpayers living abroad
3
Domestic trusts owned by
spouse.
4
Penalties,
Unmarried taxpayer living
one or more specified
Joint ownership with
Accuracy-Related :
in the United States
3
persons
3
spouse filing joint
Examples
9
Entities described in
income tax return.
4
Penalties, Criminal
9
section 1473(3)
3
Joint ownership with
Penalties
9
S
Exception if no income tax
spouse filing separate
Continuing failure to file.
9
Special Rules:
return required.
1
income tax return.
4
Effect of foreign
Assets reported on
jurisdiction laws
9
another form
4
Failure-to-File Penalty
9
Specific Instructions:
F
M
Married taxpayers filing a
Additional sheets
10
Failure-to-File Penalty
9
Married taxpayers filing a
joint income tax
Before you begin
10
Continuing failure to file.
9
joint income tax return
return
9
Specified Domestic Entity
2
Foreign currency conversion:
living outside the United
Presumption of maximum
Closely held domestic
Currency determination
States
4
value
9
corporation
2
date
7
Married taxpayers filing
Reasonable cause
Closely held domestic
Fraud Penalty
9
separate income tax
exception
9
partnership
2
returns living outside the
Presence abroad.
4
Connected stock or
United States
4
Purpose of Form
1
partnership
ownership
2
13
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