Part VI. Detailed Information for Each "Other Foreign Asset" Included in the Part II…

Use Part VI to report information for financial accounts (other than foreign deposit and custodial accounts) and other specified foreign financial assets not held in a financial account. If you have more than one asset, attach an additional statement with the required information for each additional asset and check the box at the top of page 1 of the form.

Lines 29 Through 36

Enter the following information for each financial account and specified foreign financial asset not held in a financial account reported in Part II . For examples of specified foreign financial assets not held in a financial account, see Other Specified Foreign Financial Assets , earlier.

Line 29

Enter a description of the account or asset. If the asset is stock or securities, include the class or issue of the stock or securities.

Example 16. You own 100 shares of XYZ Company, an Italian S.A. A sufficient description is “100 Class A shares of XYZ Company, S.A.”

Example 17. You own a bond issued by AB GmbH, a German GmbH. A sufficient description is “Bond of AB GmbH, maturing on December 31, 2019.”

Line 30

Enter the identifying number or other information identifying the account or asset.

Line 31

Enter the following information about the account or asset, if required.

1. If the account was opened or closed, or the asset was acquired or disposed of during the year, enter the date of opening and/or closure, or acquisition and/or disposition, as applicable. If the assets were acquired or disposed of during different dates in the year, enter “Various.”

2. If you own the account or asset jointly with your spouse, check the box on line 31c.

3. If you did not report any income, gain, loss, deduction, or credit for this account or asset on your tax return or any schedule or form attached to your income tax return filed for the tax year, check the box on line 31d.

Line 32

Check the box for the value range that represents the maximum value of the account or asset during the tax year. If the maximum value is more than $200,000, enter the maximum value on line 32e.

See Reporting Maximum

TIP Value , earlier, for information

on determining the maximum value of the account or asset.

Joint Interest in Other Foreign Assets

Use the following rules to figure the maximum value to report.

Spouses Filing a Joint Return

You and your spouse report the maximum value of an account or asset held jointly by you and your spouse only once on the single Form 8938 filed with your joint income tax return.

Spouses Filing Separate Returns

You and your spouse each report the maximum value of an account or

asset held jointly by you and your spouse on your separate Forms 8938 filed with your separate income tax returns.

Other Joint Owners

Report the maximum value of the entire jointly held account or asset on your Form 8938 filed with your income tax return, regardless of the value of your separate interest in the account or asset.

Lines 33 and 34

If you used a foreign currency exchange rate to convert the value of the account or asset into U.S. dollars, check the “Yes” box on line 33 and go to line 34. Otherwise, check the “No” box and go to line 35.

Line 34

If you answered “Yes” on line 33, enter the following information.

1. The foreign currency in which the account or asset is denominated.

2. The foreign currency exchange rate used to convert the value of the account or asset into U.S. dollars.

3. If the U.S. Treasury Bureau of the Fiscal Service did not provide an exchange rate, the source of the foreign currency exchange rate that you used.

You must use the foreign