Hi,
I have question regarding to "foreign interest income" from my foreign bank accounts.
Note that, I have more than $50,000 from my foreign bank accounts as a unmarried taxpayer. In addition, I do not receive any 1099 forms from my foreign bank accounts.
1. When I search 8938 in Turbotax, it jumps to "Foreign Financial Assets" page.
It seems that this belongs to "1099-OID, Foreign Accounts" under "your income" section.
I filled in the information, and have a question for "Amounts Related to Foreign Financial Assets". In "Amounts Attributable to Foreign Financial Accounts" page, do I fill in interest income under "Interest"?
After I click "Continue": In "Items Attributable to Foreign Financial Accounts" page, I see my interest amount, how to fill in "Form and Line" and "Schedule and Line"?
2. If I fill in foreign interest in 1099-OID (8938), do I need to report foreign interest again in 1099-INT? In 1099-INT, if I fill manually, I do not find "FATCA filing requirement" box though.
Thanks so much,
Kate
