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Details of form 8938 - Statement of Specified Foreign Financial Assets?
Hi,
I live in the US and am filing my return as married filing jointly. Me and my spouse each have one foreign bank account and combined total value is more than threshold due to certain reason this year. However while filling the form on TurboTax, it is not asking the member name (me or my spouse) who held this foreign accounts and by default each copy of this form (for each account) prefills my name which is not correct as I have one account and my spouse have one.
Is this a bug in TT software ? Is it fine if all copies of form (for each bank account) have my name, though technically it is not correct as one is owned by me and other by my spouse ?
Appreciate your advice
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March 21, 2025
12:33 PM