I have a Foreign Financial Account that is chequing only and does not accure interest. On the Foreign Financial Assets page, what box do I enter the value of the account?

[littlemisskissey75]

Does it go under "Other Income" since no other boxes apply?

[LoraineG]

I'm assuming that you are referring to this screen.  Here you enter ONLY the amounts that are derived from that bank account.  Not the value of it.  Meaning, in the case you had any interest, that would be reported here.  

When you proceed to the next screen, it will ask you if you have a foreign financial account to report.  Then you enter all the information, including the value of the account.

[pk]

@littlemisskissey75 , this is a slightly duplicated  question.   Agreeing with  my colleague @LoraineG ,  if you asking about  non-earning financial account like  a deposit account  ( monies held as cash )or custodial account  ( monies held for investment ), then the value of this ( these ) is declared on line 23 of the  form 8938.

Does that help ?

Please consider keeping all related items in one post -- makes  answering a bit easier because we can get a better picture of the situation--please