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Get your taxes done using TurboTax
Thanks you for reply.
As per document
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Regardless of whether you are required to file FinCEN Form 114 (FBAR), you may be required to file Form 8938, Statement of Specified Foreign Financial Assets, with your income tax return. Failure to file Form 8938 may result in penalties and extension of the statute of limitations. See IRS.gov/Form8938 for more information.
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" May be" means that you can file or can not file the form 8938.
Can Turbotax update the software to allow user to have choice to summit Form 8938?
Thanks
‎February 24, 2021
9:37 AM