jtax
Level 10

Deductions & credits

I'm sure you are aware of this but just to be clear for anyone else finding this,  many people do not need to fill out a form 8938. You need more than $50k  of foreign accounts if you live in the US and $200k if you don't. (Double if married and filing jointly). This is different than the $10k FBAR reporting requirement, which TT does not support.

 

https://www.irs.gov/instructions/i8938#en_US_2020_publink100049974

 

https://www.irs.gov/businesses/small-businesses-self-employed/report-of-foreign-bank-and-financial-a...

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