If you're using TurboTax Online go to 'Other Tax Situations' at the top, then scroll down to 'Other Tax Forms' and choose 'Prepare a Report on Foreign Financial Assets'.
If you have done this and the data is not saving, close TurboTax, clear your Cache and Cookies and revisit this section.
Click this link for more info on Form 8938.
This link has details on How to Enter Foreign Account Description.
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