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The French Foreign Legion (French: L lion trans re) is a military service branch of the French Army established in 1831. Legionnaires are highly trained ...
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What is foreign l?
Foreign l refers to the disclosure of foreign financial assets on Form 8938 for U.S. taxpayers.
Who is required to file foreign l?
U.S. taxpayers who meet certain thresholds for foreign financial assets are required to file Form 8938.
How to fill out foreign l?
Form 8938 can be filled out online or by mail, with taxpayers providing information about their foreign financial assets.
What is the purpose of foreign l?
The purpose of foreign l is to report foreign financial assets and ensure compliance with U.S. tax laws.
What information must be reported on foreign l?
Information about foreign bank accounts, investment accounts, and other financial assets must be reported on Form 8938.
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