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COMMONWEALTH of VIRGINIA Department medical Assistance ServicesCYNTH IA 8. JONES DIRECTOR January 11, 2018SU ITE 1300 600 EAST BROAD STREET RICHMOND, VA 23219 804/7867933 800/3430634 (TDD) www.dmas.virg

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What is cynthia 8?

cynthia 8 is a form used to report information about foreign financial assets.

Who is required to file cynthia 8?

US taxpayers who have ownership or interest in foreign financial accounts or assets exceeding certain thresholds are required to file cynthia 8.

How to fill out cynthia 8?

cynthia 8 can be filled out electronically through the IRS website or by paper and mailed to the IRS. You will need to provide detailed information about your foreign financial assets.

What is the purpose of cynthia 8?

The purpose of cynthia 8 is to help the IRS identify individuals who may be underreporting income or assets held in foreign countries.

What information must be reported on cynthia 8?

You must report the maximum value of your foreign financial account(s) and other specified financial assets during the year.

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