8938 Statement of Specified Foreign Financial Assets

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Form

8938

Department of the Treasury
Internal Revenue Service

Statement of Specified Foreign Financial Assets
▶

OMB No. 1545-2195

2019

Go to www.irs.gov/Form8938 for instructions and the latest information.
▶ Attach to your tax return.

For calendar year 20

or tax year beginning

, 20

If you have attached continuation statements, check here

and ending

Attachment
Sequence No. 175

, 20

Number of continuation statements

DRAFT AS OF
August 21, 2019
DO NOT FILE
1

Name(s) shown on return

3

Type of filer
Specified individual
b
Partnership
c
Corporation
d
Trust
a
If you checked box 3a, skip this line 4. If you checked box 3b or 3c, enter the name and TIN of the specified individual who closely holds
the partnership or corporation. If you checked box 3d, enter the name and TIN of the specified person who is a current beneficiary of the
trust. (See instructions for definitions and what to do if you have more than one specified individual or specified person to list.)

4

2 Taxpayer Identification Number (TIN)

a Name

Part I
1
2
3
4
5

Number of Deposit Accounts (reported in Part V) . . . . . . . . .
Maximum Value of All Deposit Accounts
. . . . . . . . . . .
Number of Custodial Accounts (reported in Part V) . . . . . . . .
Maximum Value of All Custodial Accounts . . . . . . . . . . .
Were any foreign deposit or custodial accounts closed during the tax year?

Part II
1
2
3

b TIN

Foreign Deposit and Custodial Accounts Summary

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2 Other Foreign Assets

1a
1b
1c
1d
1e
1f
1g
2a
2b
2c
2d
2e
2f
2g

(b) Tax item
Interest
Dividends
Royalties
Other income
Gains (losses)
Deductions
Credits
Interest
Dividends
Royalties
Other income
Gains (losses)
Deductions
Credits

(c) Amount reported on
form or schedule
$
$
$
$
$
$
$
$
$
$
$
$
$
$

Yes

No

Yes

No

$

Summary of Tax Items Attributable to Specified Foreign Financial Assets (see instructions)

(a) Asset Category
1 Foreign Deposit and
Custodial Accounts

Part IV

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Other Foreign Assets Summary

Number of Foreign Assets (reported in Part Vl)
. . . . .
Maximum Value of All Assets (reported in Part Vl) . . . . .
Were any foreign assets acquired or sold during the tax year?

Part III

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Where reported
(d) Form and line
(e) Schedule and line

Excepted Specified Foreign Financial Assets (see instructions)

If you reported specified foreign financial assets on one or more of the following forms, enter the number of such forms filed. You do
not need to include these assets on Form 8938 for the tax year.
1. Number of Forms 3520
2. Number of Forms 3520-A
3. Number of Forms 5471
4. Number of Forms 8621
5. Number of Forms 8865

Part V

Detailed Information for Each Foreign Deposit and Custodial Account Included in the Part I Summary
(see instructions)

If you have more than one account to report in Part V, attach a continuation statement for each additional account (see instructions).
Deposit
Custodial
2 Account number or other designation
1
Type of account
3
4
5
6

a
Account opened during tax year
b
Account closed during tax year
c
Account jointly owned with spouse
d
No tax item reported in Part III with respect to this asset
Maximum value of account during tax year . . . . . . . . . . . . . . . . . . . . . $
Did you use a foreign currency exchange rate to convert the value of the account into U.S. dollars? . .
Yes
No
If you answered “Yes” to line 5, complete all that apply.
(a) Foreign currency in which
(b) Foreign currency exchange rate used to (c) Source of exchange rate used if not from U.S.
account is maintained
convert to U.S. dollars
Treasury Department's Bureau of the Fiscal Service
Check all that apply

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 37753A

Form 8938 (2019)

Page 2

Form 8938 (2019)

Part V

Detailed Information for Each Foreign Deposit and Custodial Account Included in the Part I Summary
(see instructions) (continued)

8

b Global Intermediary Identification Number (GIIN) (Optional)
.
.
.
Mailing address of financial institution in which account is maintained. Number, street, and room or suite no.

9

City or town, state or province, and country (including postal code)

7a

Name of financial institution in which account is maintained

DRAFT AS OF
August 21, 2019
DO NOT FILE

Part VI

Detailed Information for Each “Other Foreign Asset” Included in the Part II Summary (see instructions)

If you have more than one asset to report in Part VI, attach a continuation statement for each additional asset (see instructions).
Description of asset
2 Identifying number or other designation
1
3

a
b
c
4
a
e
5
6

Complete all that apply. See instructions for reporting of multiple acquisition or disposition dates.
Date asset acquired during tax year, if applicable . . . . . . . . . . . . . . . . . .
Date asset disposed of during tax year, if applicable . . . . . . . . . . . . . . . . .
Check if asset jointly owned with spouse
d
Check if no tax item reported in Part III with respect to this asset
Maximum value of asset during tax year (check box that applies)
$0–$50,000
b
$50,001–$100,000
c
$100,001–$150,000
d
$150,001–$200,000
If more than $200,000, list value . . . . . . . . . . . . . . . . . . . . . . . . $
Did you use a foreign currency exchange rate to convert the value of the asset into U.S. dollars? . . .
Yes
No
If you answered “Yes” to line 5, complete all that apply.
(a) Foreign currency in which asset (b) Foreign currency exchange rate used to (c) Source of exchange rate used if not from U.S.
is denominated
convert to U.S. dollars
Treasury Department's Bureau of the Fiscal Service

7

If asset reported on line 1 is stock of a foreign entity or an interest in a foreign entity, enter the following information for the asset.
a Name of foreign entity
b GIIN (Optional)
.
.
.
Partnership
(2)
Corporation
(3)
Trust
(4)
Estate
c Type of foreign entity
(1)
d Mailing address of foreign entity. Number, street, and room or suite no.
e

8

a

City or town, state or province, and country (including postal code)
If asset reported on line 1 is not stock of a foreign entity or an interest in a foreign entity, enter the following information for the
asset.
Note: If this asset has more than one issuer or counterparty, attach a continuation statement with the same information for
each additional issuer or counterparty (see instructions).
Name of issuer or counterparty
Check if information is for
Issuer
Counterparty

b Type of issuer or counterparty
(1)
Individual

(2)

Partnership

(3)

Corporation

(4)

Trust

(5)

Estate

U.S. person
Foreign person
c Check if issuer or counterparty is a
d Mailing address of issuer or counterparty. Number, street, and room or suite no.
e

City or town, state or province, and country (including postal code)
Form 8938 (2019)

Page

Form 8938 (2019)

(Continuation Statement)
Name(s) shown on return

TIN

DRAFT AS OF
August 21, 2019
DO NOT FILE

Part V

Detailed Information for Each Foreign Deposit and Custodial Account Included in the Part I Summary
(see instructions)
2 Account number or other designation

1

Type of account

3

a
Account opened during tax year
b
Account closed during tax year
c
Account jointly owned with spouse
d
No tax item reported in Part III with respect to this asset
Maximum value of account during tax year . . . . . . . . . . . . . . . . . . . . . $
Did you use a foreign currency exchange rate to convert the value of the account into U.S. dollars? . .
Yes
No
If you answered “Yes” to line 5, complete all that apply.
(a) Foreign currency in which
(b) Foreign currency exchange rate used to (c) Source of exchange rate used if not from U.S.
account is maintained
convert to U.S. dollars
Treasury Department's Bureau of the Fiscal Service

4
5
6

Deposit

Custodial

Check all that apply

8

b GIIN (Optional)
.
.
.
Mailing address of financial institution in which account is maintained. Number, street, and room or suite no.

9

City or town, state or province, and country (including postal code)

7a

Name of financial institution in which account is maintained

Part VI

Detailed Information for Each “Other Foreign Asset” Included in the Part II Summary (see instructions)
2 Identifying number or other designation

1

Description of asset

3

Complete all that apply. See instructions for reporting of multiple acquisition or disposition dates.
Date asset acquired during tax year, if applicable . . . . . . . . . . . . . . . . . .
Date asset disposed of during tax year, if applicable . . . . . . . . . . . . . . . . .
Check if asset jointly owned with spouse
d
Check if no tax item reported in Part III with respect to this asset
Maximum value of asset during tax year (check box that applies)
$0–$50,000
b
$50,001–$100,000
c
$100,001–$150,000
d
$150,001–$200,000
If more than $200,000, list value . . . . . . . . . . . . . . . . . . . . . . . . $
Did you use a foreign currency exchange rate to convert the value of the asset into U.S. dollars? . . .
Yes
No
If you answered “Yes” to line 5, complete all that apply.
(a) Foreign currency in which asset (b) Foreign currency exchange rate used to (c) Source of exchange rate used if not from U.S.
is denominated
convert to U.S. dollars
Treasury Department's Bureau of the Fiscal Service

a
b
c
4
a
e
5
6

7

If asset reported on line 1 is stock of a foreign entity or an interest in a foreign entity, enter the following information for the asset.
a Name of foreign entity
b GIIN (Optional)
.
.
.
Partnership
(2)
Corporation
(3)
Trust
(4)
Estate
c Type of foreign entity
(1)
d Mailing address of foreign entity. Number, street, and room or suite no.
e

8
a

City or town, state or province, and country (including postal code)
If asset reported on line 1 is not stock of a foreign entity or an interest in a foreign entity, enter the following information for the
asset.
Name of issuer or counterparty
Check if information is for
Issuer
Counterparty

b Type of issuer or counterparty
(1)
Individual

(2)

Partnership

(3)

Corporation

(4)

Trust

(5)

Estate

U.S. person
Foreign person
c Check if issuer or counterparty is a
d Mailing address of issuer or counterparty. Number, street, and room or suite no.
e

City or town, state or province, and country (including postal code)
Form 8938 (2019)