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Form 8938: Line 7 and line 8 cannot be entered on the same foreign asset
After fixing a 1099-INT import error thanks to @dmertz, only one obstacle remains before e-filing:
TurboTax 2022 (online) claims that:
"Form 8938 -- 8938 Cont Stmt (COPY 7): Foreign entity or issuer/counterparty information should not both be entered. Line 7 and line 8 cannot be entered on the same foreign asset."
TurboTax offers to fix this by changing the name of the Foreign Entity, but AFAIK it is correct (that is how I e-filed last year without any error) and pointing to line 35a may be a "red herring".
Any idea which line 7 and line 8 is TurboTax referring to?
Lines 7,8 in Form 8938 (the form in which this error is reported) refer to:
7. Number of custodial accounts (reported in Part V) .
8. Maximum value of all custodial accounts
which I properly left blank.
So, I don't understand which lines 7 and 8 TurboTax is referring to.
BTW, I compared COPY 7 (the one about which TurboTax complains) to COPY 5. They are identical except for the "Description of asset" (line 29) and ID (line 30). But TurboTax complains about COPY 7 only. Weird.
Any help on the way to fixing this would be greatly appreciated.
Thank you