Saturday, December 18, 2010
AARO FYI: US IRS Declaration: Form 8938 - STATEMENT OF FOREIGN FINANCIAL ASSETS
Dear AARO members,
For those of you who file annual Federal tax returns, an additional reporting requirement is in process.
Here is the link to the proposed Form 8938:
I encourage each of our members to comment if they so desire.
Comments should be addressed directly to Mr. Terry of the IRS.
Regards,
Bill
Bill Harter
President
AARO Prague
-----Original Message-----
From: Terry Ralph M <Ralph.M.Terry@irs.gov>
To: wharter1@aol.com
Cc: Terry Ralph M <Ralph.M.Terry@irs.gov>
Sent: Wed, Dec 15, 2010 9:37 pm
Subject: RE: Form 8938 - STATEMENT OF FOREIGN FINANCIAL ASSETS
Mr. Harter,I am e-mailing you a link to the draft form you referenced to in your e-mail. Please be aware that this is a draft that is undergoing significant revision as I write this and a final draft is expected soon. Any comments on the present form can be sent directly to me. I will forward it to the appropriate office for consideration.The link below will download a PDF of the Form 8938.Thank youRalph TerryRalph M. TerryTax Analyst, Tax Forms and PublicationsSpecial Products Section
202 622 8144 | SE:W:CAR:MP:T:T:SP | Internal Revenue Service | OMB Unit | 1111 Constitution Ave, NW, Washington, DC 20224 | Room 6129
From: wharter1@aol.com [mailto:wharter1@aol.com]
Sent: Tuesday, December 14, 2010 1:42 PM
To: Terry Ralph M
Subject: Fwd: Form 8938 - STATEMENT OF FOREIGN FINANCIAL ASSETSDear Mr. Terry,I understand that the IRS is contemplating additional reporting requirements for US citizens residing overseas.I also understand that the US government is interested in feedback on the the proposed Form 8938 reporting requirement.If the above is correct, would you kindly email me the draft form and advise to whom I should address my feedback.I would also like to know by what date this should be completed.Sincerely,William D. HarterPresident, Association of Americans Resident Overseas (AARO), Prague Chapter, Czech Republic