Get the free BIRS FORM 8938b CONTINUATION SHEET PDF - getnovel

Save e-books to Read Ir's Form 8938 Continuation Sheet from our Library. Share Ir's Form 8938 Continuation Sheet file for free download IRS FORM 8938 CONTINUATION SHEET PDF Basic journal, search type

How to fill out birs form 8938b continuation

How to Fill Out BIRS Form 8938B Continuation:

1. Begin by obtaining the appropriate BIRS Form 8938B Continuation. This form is used when additional space is needed to report financial accounts exceeding certain thresholds on the main Form 8938.
2. Fill in your personal information at the top of the form, including your name, social security number, and tax year. Ensure all information is accurate and up to date.
3. In Part I of the form, provide the details of the financial account(s) you wish to report. This includes the account number, account type, name of financial institution, maximum value during the tax year, and the country where the financial institution is located. Make sure to provide all necessary information for each account being reported.
4. If you have more accounts to report and need additional space, use additional copies of Form 8938B Continuation. Write "Continued" in the upper right corner of each additional page and attach them to the original form.
5. If required, move on to Part II of the form which is focused on specifying the assets held in the specified accounts. Provide details such as the type of asset, the maximum value of the asset during the tax year, and the currency in which the asset is denominated.
6. Continue filling out Part II for each asset held in the financial accounts being reported. If additional space is needed, use more copies of Form 8938B Continuation and indicate that the information is continued.
7. Once you have accurately filled out all the necessary sections, review the form for any errors or omissions. It is essential to double-check and ensure all information provided is complete and accurate to the best of your knowledge.
8. Sign and date the form at the bottom, certifying that the information provided is accurate and complete.
9. If you are required to file Form 8938 with your annual tax return, attach Form 8938B Continuation to the main Form 8938.
10. Keep a copy of the completed form for your records and submit the form as per the instructions provided by the Internal Revenue Service (IRS).

Who Needs BIRS Form 8938B Continuation?

1. US taxpayers who are required to file Form 8938, Statement of Specified Foreign Financial Assets, and need additional space to report multiple financial accounts exceeding the threshold limits specified by the IRS.
2. Individuals who have financial accounts located outside the United States that meet the reporting requirements set by the IRS.
3. Taxpayers who hold specified foreign financial assets and are required to report these assets under the Foreign Account Tax Compliance Act (FATCA) provisions.
4. Those individuals who have multiple financial accounts or assets exceeding the thresholds specified by the IRS and thus, need extra space to accurately report all the necessary information.
5. Taxpayers who have previously filed a Form 8938 and now need to report additional accounts or assets that were not previously disclosed.

For pdfFiller’s FAQs

Where do I find birs form 8938b continuation?

It’s easy with pdfFiller, a comprehensive online solution for professional document management. Access our extensive library of online forms (over 25M fillable forms are available) and locate the birs form 8938b continuation in a matter of seconds. Open it right away and start customizing it using advanced editing features.

Can I create an electronic signature for the birs form 8938b continuation in Chrome?

Yes. You can use pdfFiller to sign documents and use all of the features of the PDF editor in one place if you add this solution to Chrome. In order to use the extension, you can draw or write an electronic signature. You can also upload a picture of your handwritten signature. There is no need to worry about how long it takes to sign your birs form 8938b continuation.

How do I complete birs form 8938b continuation on an iOS device?

Download and install the pdfFiller iOS app. Then, launch the app and log in or create an account to have access to all of the editing tools of the solution. Upload your birs form 8938b continuation from your device or cloud storage to open it, or input the document URL. After filling out all of the essential areas in the document and eSigning it (if necessary), you may save it or share it with others.

What is birs form 8938b continuation?

Form 8938B Continuation is used to provide additional information about specified foreign financial assets that exceed the threshold on Form 8938.

Who is required to file birs form 8938b continuation?

Individuals who are required to file Form 8938 and have specified foreign financial assets that require additional reporting.

How to fill out birs form 8938b continuation?

The form should be filled out with detailed information about the specified foreign financial assets that exceed the reporting threshold.

What is the purpose of birs form 8938b continuation?

The purpose of Form 8938B Continuation is to provide the IRS with additional details about specified foreign financial assets that are required to be reported.

What information must be reported on birs form 8938b continuation?

Information about the specified foreign financial assets that exceed the threshold, including account numbers, types of assets, and financial institutions.