Deductions & credits

You don't necessarily have to have income from foreign financial assets during the year to be required to file Form 8938 -- you only need to have interests in specified foreign financial assets to trigger the filing requirement. 

 

See the following IRS resources for more information:

If you think you've inadvertently responded to a prompt in the TurboTax interview that's generating Form 8938 in TurboTax Online: 

  1. Select Tax Home in the left pane
  2. On the Hi, let's keep working on your taxes! screen, select the dropdown on the right side of the Income & Expenses box, then select Start, Review/Edit, Continue or Pick up where you left off
  3. Select the dropdown to the right of Less Common Investments and Savings (1099-OID, contracts and straddles, etc.
  4. Select Start or Revisit to the right of 1099-OID, Foreign Accounts
  5. Continue through the following screens, making any edits needed

If this isn't what you're asking about, feel free to re-post with more information -- specifically, about what your interests are and why you don't think they trigger Form 8938.