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Cambridge Massachusetts online Form 8917: What You Should Know

Form 8938- Form 8938-What do I need to report?  Sep 12, 1858 R. 3. c., c. 12. — The requirement of a report is that the information be furnished by you under the regulations, that you be registered to do business in this country, and that you have no other accounts or investments in this country, and no other liabilities abroad.” — See “What are foreign accounts and investments?” on The Importance of Filing a Foreign Investment Return.  The filing requirement for Form 8938 is not that a taxpayer must maintain financial records of a particular form or account. It is simply that the taxpayer must file a report showing what the financial account and assets are that a taxpayer is required to file. It is more of an IRS requirement than a state requirement, but that is not to say that the state requirement is not also required. If you are in the military, or you are in the Federal government which has other financial obligations, or you have assets or accounts you want to report, then filing a Foreign Financial Asset Report will be appropriate.

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