- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
On the Online version, I have tried every possible option to enter the information for this form (based on suggestions on this post). However, form 8938 fails to be produced every time. This is a major issue, especially as TurboTax doesn't provide any warning that it hasn't produced the form. Failing to produce the form carries an IRS penalty of $10,000, per month. You can only spot this if you carefully double check the printed forms before e-filing. I wonder how many users think they have filed correctly and are going to get audited and penalized.
I spent time with Turbo Tax tech support (really nice person), and confirmed this is indeed a bug. The solution is to switch and restart with the Desktop version. I did that and it appears to work (I see the form in printed forms).
But now I'm worried that TurboTax may have made other mistakes that are harder to spot. This feels like a bug that should have been very easy for TurboTax to catch. What about the harder to catch bugs?