Jon32327
New Member

I have two Swiss annuities, total value less than $100,000. Do I need to file a 8938?

These are single premium life insurance annuities which I have reported in past years as a foreign asset, along with a third policy that put the total over $100k. I cashed in the third policy and the value of the remaining two is now under $100k. Turbotax did not take me to the 8938 reporting step after answering the value question, which implies it is not required. How to proceed?