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