U.S. Citizens and Form 8938 The Form 8938 is required by certain U.S. Persons who own specified foreign financial assets and meet the threshold for filing. Unlike certain other international information returns, the IRS Form 8938 is only required if the person is required to file a tax return in that year. In other words, […] The post Do U.S. Citizens Living Abroad File IRS Form 8938? appeared first on Form 8938 & FATCA: Foreign Asset Reporting | Global Tax Counsel.