Deductions & credits

Hello @MarilynG1 

Thanks for your reply.

So, for this electrical wallet account (money being withdrew, but no income), I could select "This account did not have income, deductions or credits associated with it in 2021", as shown below (this is the next page after entering the max. amount value in 2021 for the account).  Is it correct? 

For my foreign bank account that the money was transferred into, I will report the interest income as normal. Is it correct? 

Yes, I will report 8938 form and FinCENForm 114 form. Thanks. 

Best regards,

Renee