I'm in the same boat: 1st time 3520 / FBAR / 8938 due to 12/2023 inheritance from Europe (liquid assets & residence), but long time TT (H & B) filer ... and this situation has brought up the dreaded "... you'll need to print and file by mail ..." message to bear. I understand that FBAR & 3520 are separate issues, but needing to file the ENTIRE 1040 via mail is more than a little annoying ...
In my pursuit for a solution, I found:
"If you are required to file a Form 8938 and you have a specified foreign financial asset reported on Form 3520, Form 3520-A, Form 5471, Form 8621, Form 8865, or Form 8891, you do not need to report the asset on Form 8938. However, you must identify on Part IV of your Form 8938 which and how many of these form(s) report the specified foreign financial assets. " (https://www.irs.gov/businesses/corporations/do-i-need-to-file-form-8938-statement-of-specified-forei...)
Based on that, I don't think "putting 0 for form 3520 when generating for 8938 in TT" as @Darenl put it is an option. (@SusanY1 ?)
Has anyone figured out a way to do this "correctly" and still be able to efile the 1040 in TT? - (Again, the 3520 & FBAR are happening offline, and that's okay.)
