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N
nandaguha
March 24, 2025
Question

2. Does Life Insurance Policies and Provident Fund (PF)/ Public Provident Fund (PPF) accounts come under deposit accounts in Form 8938?

  • March 24, 2025
  • 1 reply
  • 0 views
These I have in India

1 reply

SusanY1
SusanY1
March 24, 2025

These are typically custodial accounts for purposes of this form.  The IRS, however, generally doesn't penalize if you mark the wrong choice here so long as you are reporting the asset.

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