It depends. According to this link from IRS.gov., "if the market value of their foreign financial assets is greater than $100,000 on the last day of the year or greater than $150,000 at any time during the year." If your situation falls within these parameters, here is how you will access your 8938 in Turbo Tax Online.
- After logging into Turbo Tax and begin working on your return
- Go to the search box with the magnifying glass and type in 8938.
- Select the enter key and then select the link that says jump to 8938.
- Here is where you would start entering information that will complete your 8938 form in Turbo Tax
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