You'll need to sign in or create an account to connect with an expert.
You do have two requirements to file this. First of all, you need to file a 8938 if the amount in the pension fund exceeds $50,000 on the last day of the tax year or $75,000 at any time during the tax year. I will explain how to get to this section of your return in my closing paragraph.
There is also a FBAR reporting requirement if this account exceeds $10,000 during the tax year. Turbo Tax does not handle this type of reporting but you may report this on the following website.
To report your 8938::
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Aussie1
New Member
aussiebobaustin
Returning Member
mkelleyftb
Level 1
kkirk-au
New Member
manonlemonnier
New Member