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Form 8938 major flaw
Going through the form online, you get to a Qustion about wether or not you live in a foreign country. Once you entered yes and hit continue the next page shows you reporting thresholds that are a lot higher for overseas resdents. The problem is that there is a substantial presence test of beeing 330 days in a foreign country. This Test should immediately come up when you enter continue after the residency question. This Test is important, otherwise like in my case, living in a foreign country and beeing under this threshold I did not file this form and am now potentially looking at a huge penalty. Please Turbotax employee check it out for yourself. I will make a video of this flaw and post it on Facebook and Twitter. This should not happen and needs to be corrected immediately.