RentLedgerForm 8938
Statement of Specified Foreign Financial Assets (FATCA)
⚠️ Important Disclaimer
This content is for informational purposes only and does not constitute legal, tax, or financial advice. Tax laws change frequently — always verify with the CRA and IRS or consult a qualified cross-border tax accountant before making decisions.
April 15 — attached to Form 1040 or 1040-NR
US persons (citizens, green card holders, substantial presence) with Canadian financial assets over the reporting threshold
What is Form 8938?
US persons with specified foreign financial assets exceeding $50,000 (or $100,000 for joint filers) must file Form 8938 with their US tax return under FATCA. Canadian bank and investment accounts count.
Who Needs to File Form 8938?
US persons (citizens, green card holders, substantial presence) with Canadian financial assets over the reporting threshold
Filing Deadline
April 15 — attached to Form 1040 or 1040-NR
Related Forms
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