Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 06.04.2011, 12:58
Member
 
Join Date: Dec 2007
Location: Vaud
Posts: 175
Groaned at 0 Times in 0 Posts
Thanked 99 Times in 56 Posts
MrMert is considered knowledgeableMrMert is considered knowledgeableMrMert is considered knowledgeable
New additional tax form for US citizens abroad

I have been informed by my US tax accountant that there is a new form 8938 that US citizens abroad must add for tax year after Jan 1 2011 for any accounts if total value exceeds 50000USD. It is believed this will include pensions but no detailed information is yet available for this form. This form will apply to all holders of US passport with over sea assets including those with dual citizenship.

I attach a link to IRS web site.

http://www.irs.gov/businesses/corpor...236664,00.html

Link I found on the web from an accountant who wrote to IRS about this form.

http://hodgen.com/jane-brunos-letter...out-form-8938/
Reply With Quote
  #2  
Old 06.04.2011, 13:15
kevlegs's Avatar
Forum Veteran
 
Join Date: Jan 2009
Location: Far far away
Posts: 2,180
Groaned at 2 Times in 2 Posts
Thanked 1,324 Times in 700 Posts
kevlegs has a reputation beyond reputekevlegs has a reputation beyond reputekevlegs has a reputation beyond reputekevlegs has a reputation beyond reputekevlegs has a reputation beyond reputekevlegs has a reputation beyond repute
Re: New additional tax form for US citizens abroad

More paperwork...Joy
Reply With Quote
  #3  
Old 18.07.2011, 17:45
Member
 
Join Date: Dec 2007
Location: Vaud
Posts: 175
Groaned at 0 Times in 0 Posts
Thanked 99 Times in 56 Posts
MrMert is considered knowledgeableMrMert is considered knowledgeableMrMert is considered knowledgeable
Re: New additional tax form for US citizens abroad

Here is the draft of form 8938 that US citizens will have to include in their tax declaration. This is in addition to the FBAR.

http://www.irs.gov/pub/irs-dft/f8938--dft.pdf
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
[Thread split] Should the US government tax its non-resident citizens? scrambled International affairs/politics 83 14.05.2010 16:36
Married additional tax allowance [for withholding tax] Diana75 Permits/visas/government 6 23.02.2010 15:11
Tax evasion by U.S. citizens and residents. Plus Swiss politics/news 4 20.07.2009 20:54
Tax form numbers for US tax returns colors General off-topic 1 16.10.2006 01:53


All times are GMT +2. The time now is 11:03.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0