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If I already file Form 8938, do I still need an FBAR, and is either one filed with the tax return itself?
I want the real official answer, not a forum shortcut. Please explain whether Form 8938 replaces the FBAR, what the main filing difference is, and why a person can still have a separate Treasury reporting obligation even if they already think they disclosed foreign accounts to the IRS.
Related Questions
When does a Canadian taxpayer need to file Form T1135?
I have foreign investments and accounts while living in Canada. Please explain the T1135 specified foreign property rule and why it is separate from reporting the income itself.
How does Japan tax non-resident individuals on Japan-source income?
I need a Japan nonresident answer for individuals. Please explain Japan-source income, withholding and why a short stay or overseas residence does not automatically remove Japanese tax exposure.
What tax steps should an individual check before leaving Japan?
I am leaving Japan and need the practical tax answer. Please explain final return issues, tax agents and why moving abroad does not automatically close every Japanese tax item.
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