What foreign financial assets do I need to report on Form 8938 under FATCA?
I'm a U.S. citizen living in Singapore. I have a bank account with about $150,000, a brokerage account with $80,000, and I hold stock in a Singapore private company worth about $200,000. I've been filing FBARs for years but recently learned about Form 8938. Is this a separate requirement? My total assets are around $430,000 — does that trigger the filing? And does the private company stock count?
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