After you file

We have tested the program and entered the information as instructed above, we see the Form 8938 among other required tax forms at the end.  I wish I could walk you through to see what has gone wrong.  At this point, I will recommend you to use our TurboTax Live which allows you to work with a tax expert to get into the program to figure out what is missing.  To get to TurboTax Live, click here: TurboTax Live

If you live in the US and meet one of the following criteria, you would need to file a Form 8938.  

• Unmarried individual (or married filing separately): Total value of assets was more than $50,000 on the last day of the tax year, or more than $75,000 at any time during the year.
• Married individual filing jointly: Total value of assets was more than $100,000 on the last day of the tax year, or more than $150,000 at any time during the year.

For more information, click here: https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements

To be specific how to enter the info under Form 8938, follow these steps:

In TurboTax online,

• Sign in to your TurboTax account and select Pick up where you left off
• At the right upper corner, in the search box, type in "foreign assets" and Enter
• Select Jump to foreign assets
• On screen, " Foreign Financial Assets", select Yes, I have foreign financial assets and No to living in foreign country
• Next screen, "About the Amount of Your Foreign Financial Assets", select Yes to total value is more than $50,000 or 75,000
• Follow prompt
• Next screen, "Amounts Related to Foreign Financial Assets", enter your amounts
• Follow prompts
• Next screen, " Do You Have a Foreign Financial Account to Report?", select Yes
• Follow prompts
• On screen, " Do you Have any Other Foreign Financial assets to Report?" select No.
• Follow prompts.