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Forms 8938 and FinCEN 114: Enter foreign financial assets
Use this Organizer to enter information common to Forms 8938 and FinCEN 114 regarding the taxpayer's foreign bank accounts and foreign financial assets for generating the Treasury Department's Form FinCEN 114.
Form FinCEN 114: Report of Foreign Bank and Financial Accounts and IRS Form 8938: Statement of Specified Foreign Financial Assets.
Enter each bank account/asset on a separate form.
- InOrganizer, select.Foreign InformationForeign Financial AssetsName of Financial InstitutionAccount InformationCommon Information
- Indicate if this account/asset shouldn't be rolled over to next year.
- Enter the name of the financial institution where the account is held.
- Enter the maximum value of the account.
- Enter the type of account.
- Enter the account number.
- Enter the address, including street, city, and ZIP Code, of the financial institution where the account is held.
This article applies to:
- Product: GoSystem Tax RS
- Return type: 1040 Individual