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After you file
Yes, you can remove the form if you do no need it this year. Here are the steps:
In TurboTax online,
- Sign into your account, select Pick up where you left off
- Select Tax Tools, click on the drop down arrow
- Select Tools
- Under Other helpful links, choose Delete a form
- Select Delete next to the form 8938 and other worksheets about foreign account and Continue with My Return
A Form 8938 is used when you have specified foreign financial assets and the total value of all the foreign assets in which you have an interest is more than the appropriate reporting threshold. For details, click here: https://www.irs.gov/instructions/i8938
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‎February 16, 2021
8:21 PM