A specified individual filing as single must file Form $8938$ if the aggregate value of foreign financial

assets exceed a threshold. Which of the following is correct regarding Form $8938?$

A$.$Specified individual who is in a foreign country must fle Form $8938$ if the aggregate value of the specified foreign financial

assets in which the individual has an interest exceeds $$75,000$ on the last day of the taxable year, or $$100,000$ at any time during the

taxable year.

E$.$Afnandal asset includes any cash value life insurance or annuity contract maintained by an insurance company or other foreign

financial institution

C Specified foreign financial assets include stock and securities issued by an individual other than a U$.$S$,$ person and held in an

eccount. maintained by a financial institution.

DIsappointed individualis a U$.$S$.$ citizen or a resident alien of the U$.$S$.$ for any part of the year, but never includes any nonresident