It is because, with more than $10,000, you do not need to file a Form 8938 "Statement of Specified Foreign Financial Assets", which TurboTax handles. That's why TurboTax reports "No" on your Form 1040.
However, you would need to file a FinCENForm 114, which is not handled by TurboTax. Click here to file FinCENForm 114: https://bsaefiling.fincen.treas.gov/main.html
File your Form 1040 as directed and file the FinCENForm 114 from the above-attached link. Also, see this for reference: https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements
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