You do have two requirements to file this. First of all, you need to file a 8938 if the amount in the pension fund exceeds $50,000 on the last day of the tax year or $75,000 at any time during the tax year. I will explain how to get to this section of your return in my closing paragraph.
There is also a FBAR reporting requirement if this account exceeds $10,000 during the tax year. Turbo Tax does not handle this type of reporting but you may report this on the following website.
To report your 8938::
- Go to Federal>other tax situations
- Other tax forms>Miscellaneous Forms>
- Prepare a report on foreign assets
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