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Form 8898

  1. Country USA
  2. Language English
  3. Activity Taxes
  4. Department Internal Revenue Service
Form 8898

Statement for Individuals Who Begin or End Bona Fide Residence in a U.S. Possession

Rev. October 2022

Fill out Form 8898 (Rev. 10-2022) to report income from a foreign source and determine your closer connection to the United States or a foreign country. Answer questions regarding your residency, days present in the US and foreign countries, and sources of income.

Instructions

  • Form 8898 Instructions - Instructions for Form 8898, Statement for Individuals Who Begin or End Bona Fide Residence in a U.S. Possession
FAQ
  • What is Form 8898?

    Form 8898, U.S. Person's Statement for Taxpayers Residing Outside the United States, is used by individuals who are bona fide residents of a U.S. possession to report specified information regarding their worldwide income and taxes paid.

  • Is there any privacy act notice related to Form 8898?

    Yes. You are asked to give this information to carry out the Internal Revenue laws of the United States. Section 937(c) and its regulations require that you provide these details. Failure to provide correct or complete information, file late, or file incorrectly may subject you to penalties.

  • What format should I use when submitting my responses related to Form 8898?

    Your responses must be parseable using python json.loads() function. Texts in response must only contain English language.

  • What should I provide when filling out Form 8898?

    You will need to provide detailed information concerning your worldwide income, including sources of income, taxes paid or credited, as well as certain state and local property tax exemptions. Additionally, you may be required to disclose information about gains from dispositions of specific property within 10 years of becoming a bona fide resident of a U.S. possession.

  • What are the penalties for not providing accurate information on Form 8898?

    You may face penalties if you do not provide correct or complete information, file late, or file incorrectly regarding your Form 8898.

  • Where can I find more details about Form 8898?

    You can refer to Pub. 570 for general information, and the instructions for your individual income tax return for specific information regarding reporting and filing requirements related to Form 8898.

  • Who must file Form 8898?

    U.S. citizens, U.S. residents in Puerto Rico, and individuals who meet the bona fide residence tests for other possessions (American Samoa, Guamulemo Marshall Islands, Northern Mariana Islands, Virgin Islands of the United States) must file Form 8898 if they have specified worldwide income or payments of U.S. taxes.

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ABOUT

Tax forms

Form 8898 is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.

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