FATCA Compliance Checklist 2026: Form 8938 Reporting for US Expats

FATCA Threshold Checker

Select your filing status and residency to see the applicable Form 8938 threshold.

Foreign Financial Accounts (Also on FBAR)

• UK current accounts, savings accounts, ISAs held at UK banks
• UK investment and brokerage accounts
• UK money market accounts
• Fintech accounts (Revolut UK, Wise, Starling, Monzo — if held with UK entities)

Foreign Financial Assets (FATCA Only — Not on FBAR)

• Stock or securities issued by a foreign person or entity (UK shares held outside an account)
• Any interest in a foreign entity (UK Ltd company shares, partnership interests)
• Foreign financial instruments or contracts (forward contracts, swaps, options on foreign assets)
• Interest in a foreign trust or foreign estate
• UK pension accounts (SIPP, personal pension, occupational pension — if treated as a specified asset)
• Any other asset held with or through a foreign financial institution

Assets NOT Reported on Form 8938

• UK real estate held directly (property itself is not a financial asset — but a UK company holding the property would be reportable)
• Physical precious metals (gold, silver coins/bars held personally)
• Social Security-type benefits (UK State Pension entitlement)

Filing Deadline

• Form 8938 is filed with your US tax return (Form 1040) — the same deadline applies (April 15, June 15 for expats, October 15 with extension)
• FBAR (FinCEN Form 114) is filed separately online — same deadline, different system