Get your taxes done using TurboTax

Yes, you are on the right track

 

1. You have to show the maximum amount that was in your account during 2021. No, you do not have to add interest in 8938. You enter the interest in Schedule B

 

2. Yes you can use $2000 paid as tax and claim the foreign tax paid credit.

 

3. No further action is required.

 

Foreign Tax Credit