MaryK4
Expert Alumni

Get your taxes done using TurboTax

TurboTax is correct- the amount must include the total in the accounts even if it is the same money transferred.  I understand how it looks like more than the total you have, but the 8938 is an Informational return only- the only way you can get in trouble is if you are doing something illegal (which you are not) or if you do not report it correctly (which is why you asked here).  

@dggu

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