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After you file
There will be no change in the refund amounts (or taxes owed). It's just that the form 8938 (Part V line 23 that needs to be corrected) and form 8938 is a 'Statement of Specified Foreign Financial Assets, Form 8938 one of the forms expats use to tell the IRS about financial holdings abroad'. In short its a declaration and there are no taxes owed (unless the assets are sold or there is income generated).
So should I wait until my taxes are processed by the IRS ? or I can e-file using Turbotax Desktop Deluxe 2023 right away?
March 18, 2024
10:14 AM