The new Form 8938 filing requirement does not replace or otherwise affect a taxpayer’s obligation to file Form TD F 90-‐22.1 (Report of Foreign Bank and Financial Accounts). Individuals must file each form for which they meet the relevant reporting threshold.
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Form 8938, Statement of Specified Foreign Financial Assets
Form TD F 90-‐22.1, Report of Foreign Bank and Financial Accounts (FBAR)Who Must File? Specified individuals, which includeU.S citizens, resident alie