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  1. Welcome to 1984. Government of the people, by the people, and for the people, has run amok.

  2. I’m an American who has lived in Germany for the past 22 years. I regularly file my US tax return (F1040 and F2555) and do not mind fulfilling my duties as a US citizen.

    I fully agree with all points Ms. Bruno makes in her letter to the Treasury Department about Form 8938. The requirement is confusing; it is too intrusive; and the penalties are heavy-handed.

    This invasion by the government into my private and personal affairs goes too far. It gives the impression that the US has become more like Orwell’s “Big Brother” than a nation that values individual freedom. 2 + 2 = 4, and governmental overreach will never be justified, no matter how many times leftist ideologues claim it’s for the common good, or, even more cynically, for our own good.

  3. There’s quite a lot of forms to keep in order in terms of filing deadlines . . . 3520, 3520A, 1040, 5471, FBAR . . . .

    Knowing that the new 8938 is another year away is good news.

  4. “I would note that as I write this the instructions for the form have not been released (it is February), even though it has been published that the form is required to be filed for the 2010 tax year.”

    Per the IRS, Form 8938 applies to foreign assets for tax years beginning January 1, 2011. Thus, the form would not be due until 2012.


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Tax laws change over time, and the information in this post above may be less accurate today than it was at the time of the last revision. This post is not tax advice for your specific situation. Please contact an international tax professional to get personalized advice for your situation.