https://ttlc.intuit.com/community/tax-credits-deductions/discussion/form-8938/01/3285645#M316766 <P><SPAN>What do we understand by 'deduction' in Form 8938? If I have interest income on which I paid tax in the country where the foreign account is located, can I list it as a deduction?</SPAN></P> Wed, 11 Feb 2026 05:09:13 GMT gjas1984 2026-02-11T05:09:13Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/form-8938/01/3285645#M316766 <P><SPAN>What do we understand by 'deduction' in Form 8938? If I have interest income on which I paid tax in the country where the foreign account is located, can I list it as a deduction?</SPAN></P> Wed, 11 Feb 2026 05:09:13 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/form-8938/01/3285645#M316766 gjas1984 2026-02-11T05:09:13Z