RPP on 8938

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shembs
Posts: 5
Joined: Tue Jun 20, 2023 9:46 pm

RPP on 8938

Post by shembs »

Hi,

I can't seem to figure out if a Canadian RPP is reportable on the 8938 if it is above the threshold. Can someone shed any info on this?
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fangle
Posts: 22
Joined: Tue Feb 18, 2014 1:00 pm

Re: RPP on 8938

Post by fangle »

As I understand it a Canadian RPP is reportable on the 8938, but your threshold for 8938 is based on all of of your Specified Foreign Financial Assets.
This IRS FAQ might help you on this and reportable value (see the last two FAQs): https://www.irs.gov/businesses/corporat ... #reporting
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