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Error made in form 8938 Part V line 23 noticed after filing - How to correct
I have made an error in my 8938 Part V line 23 - and wrongly reported the amount as $24,320 instead of $2652 (error made in the conversion from Foreign Currency to USD). The return has been e-filed and accepted (by Fed and State).
I know that there will be no change in the Fed or State taxes - but I want to know how to correct this ? Also I have not yet filed the FBAR.
Any guidance would be appreciated. Thank you
March 18, 2024
8:28 AM