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April 12, 2024
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Where to report Foreign Mutual Fund and Public Provident Fund (PPF) on form 8938

  • April 12, 2024
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Where to report Foreign Mutual Fund and Public Provident Fund (PPF) on form 8938. Part V or Part VI?

    Best answer by SusanY1

    The mutual fund and the Provident Fund go in part V.  

    Keep in mind that these assets may also require completion of Form 8621, which is not included in TurboTax.  

     

    [EDITED 04/11/2024 5:45PM PDT]

    1 reply

    SusanY1
    SusanY1Answer
    April 12, 2024

    The mutual fund and the Provident Fund go in part V.  

    Keep in mind that these assets may also require completion of Form 8621, which is not included in TurboTax.  

     

    [EDITED 04/11/2024 5:45PM PDT]

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    sourav93Author
    April 12, 2024

    Thank you for responding. Do they have to be reported even if the total value for both of them combined is less than $25k? I was reading 8621 exceptions and looks like I do not need to report them.

    SusanY1
    April 12, 2024

    You are correct, you would be the below the filing threshold. 

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